Fuelcell Energy (FCELB) Invested Capital (2010 - 2026)

Fuelcell Energy's (FCELB) quarterly Invested Capital came in at $712.7 million in Q1 2026, up 7.63% year-on-year from $662.1 million in Q1 2025, and up 3.72% quarter-over-quarter from $687.1 million in Q4 2025.

Fuelcell Energy (FCELB) Invested Capital (2010 - 2026) Analysis & Trends

Fuelcell Energy has disclosed Invested Capital across 17 years of filings, most recently posting $712.7 million for Q1 2026.

  • Invested Capital for Q1 2026 came in at $712.7 million, up 7.63% year-over-year; the trailing twelve-month figure through Jan 2026 was $712.7 million (up 7.63% YoY), and the FY2025 annual result was $687.1 million, up 0.53% from the prior year.
  • Invested Capital came in at $712.7 million for Q1 2026 at Fuelcell Energy, up from $687.1 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $717.8 million in Q3 2023 to a low of $581.9 million in Q3 2025.
  • The 5-year median for Invested Capital is $688.6 million (2023), against an average of $677.6 million.
  • Across the five-year window, Invested Capital jumped 122.73% in 2022 and declined 16.55% in 2025, its largest moves.
  • Fuelcell Energy's Invested Capital stood at $704.7 million in 2022, then climbed by 0.83% to $710.5 million in 2023, then fell by 3.8% to $683.5 million in 2024, then gained by 0.53% to $687.1 million in 2025, then increased by 3.72% to $712.7 million in 2026.
  • The last three Invested Capital figures came in at $712.7 million (Q1 2026), $687.1 million (Q4 2025), and $581.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - 141.20 Mn
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn 7.17 Bn
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn 921.47 Mn
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn 5.35 Bn
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn 4.32 Bn
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn 1.95 Bn
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn -
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 709.07 Mn
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn 3.04 Bn
10 Fuelcell Energy - - -12.93 Mn 745.86 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 745.86 Mn
Jan 31, 2026 721.94 Mn
Oct 31, 2025 687.13 Mn
Jul 31, 2025 581.93 Mn
Apr 30, 2025 636.08 Mn
Jan 31, 2025 662.13 Mn
Oct 31, 2024 683.53 Mn
Jul 31, 2024 697.34 Mn
Apr 30, 2024 663.83 Mn
Jan 31, 2024 692.37 Mn
Oct 31, 2023 710.52 Mn
Jul 31, 2023 717.76 Mn
Apr 30, 2023 659.51 Mn
Jan 31, 2023 688.62 Mn
Oct 31, 2022 704.70 Mn
Jul 31, 2022 706.59 Mn
Apr 30, 2022 707.44 Mn
Jan 31, 2022 606.46 Mn
Oct 31, 2021 652.52 Mn
Jul 31, 2021 675.39 Mn