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| Date | Value |
|---|---|
| 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 |