Fuelcell Energy (FCELB) Operating Expenses (2010 - 2026)

Fuelcell Energy has disclosed Operating Expenses across 17 years of filings, most recently posting $20.4 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $20.4 million, down 26.09% year-over-year; the trailing twelve-month figure through Jan 2026 was $158.7 million (up 32.87% YoY), and the FY2025 annual result was $165.9 million, up 35.38% from the prior year.
• Operating Expenses came in at $20.4 million for Q1 2026 at Fuelcell Energy, down from $21.7 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $90.2 million in Q3 2025 to a low of $20.4 million in Q1 2026.
• The 5-year median for Operating Expenses is $27.7 million (2023), against an average of $32.3 million.
• Across the five-year window, Operating Expenses soared 290.04% in 2022 and sank 33.99% in 2023, its largest moves.
• Fuelcell Energy's Operating Expenses stood at $27.5 million in 2022, then increased by 27.06% to $34.9 million in 2023, then fell by 13.74% to $30.1 million in 2024, then declined by 27.97% to $21.7 million in 2025, then fell by 5.8% to $20.4 million in 2026.
• The last three Operating Expenses figures came in at $20.4 million (Q1 2026), $21.7 million (Q4 2025), and $90.2 million (Q3 2025), per Business Quant data.