Fuelcell Energy (FCELB) Research & Development (2010 - 2026)

Fuelcell Energy has disclosed Research & Development across 17 years of filings, most recently posting $8.5 million for Q3 2026.

• In Q3 2026, Research & Development rose 11.29% year-over-year to $8.5 million; the TTM figure through Jul 2026 stood at $28.6 million (down 28.82% YoY), while the FY2025 annual figure was $34.1 million, down 38.49% from the prior year.
• Research & Development came in at $8.5 million for Q3 2026 at Fuelcell Energy, up from $7.7 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $18.0 million in Q4 2023 to a low of $5.0 million in Q1 2022.
• Average Research & Development over 5 years is $11.0 million, with a median of $11.1 million recorded in 2025.
• Year-over-year, Research & Development jumped 248.45% in 2022 and sank 53.0% in 2025.
• Over 5 years, Research & Development stood at $12.2 million in 2022, then soared by 47.56% to $18.0 million in 2023, then slumped by 35.59% to $11.6 million in 2024, then slumped by 53.0% to $5.5 million in 2025, then jumped by 55.96% to $8.5 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $8.5 million in Q3 2026, $7.7 million in Q2 2026, and $7.0 million in Q1 2026.