Fuelcell Energy annual net debt
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Fuelcell Energy Net Debt Growth & History (FCEL)
Fuelcell Energy's net debt was −$145.6M for fiscal 2025.
View full Fuelcell Energy company overviewFuelcell Energy annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-10-31 | −$145.6M | −$138.8M | — |
| 2024 | 2024-10-31 | −$6.8M | $114.1M | — |
| 2023 | 2023-10-31 | −$120.9M | $246.6M | — |
| 2022 | 2022-10-31 | −$367.5M | −$32.1M | — |
| 2021 | 2021-10-31 | −$335.4M | −$361.6M | — |
| 2020 | 2020-10-31 | $26.2M | −$80.9M | −75.51% |
| 2019 | 2019-10-31 | $107.2M | $58.6M | +120.60% |
| 2018 | 2018-10-31 | $48.6M | $10.1M | +26.21% |
| 2017 | 2017-10-31 | $38.5M | $38.8M | — |
| 2016 | 2016-10-31 | −$349,000 | $41.5M | — |
| 2015 | 2015-10-31 | −$41.8M | $30.4M | — |
| 2014 | 2014-10-31 | −$72.2M | −$59.0M | — |
| 2013 | 2013-10-31 | −$13.2M | $24.9M | — |
| 2012 | 2012-10-31 | −$38.1M | −$4.0M | — |
| 2011 | 2011-10-31 | −$34.1M | −$27.7M | — |
| 2010 | 2010-10-31 | −$6.4M | — | — |
Fuelcell Energy quarterly net debt
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Q3.11
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Q2.12
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Q4.22
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Q3.23
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Q1.24
Q2.24
Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-07-31 | −$491.9M | −$452.8M | — |
| Q2 2026 | 2026-04-30 | −$226.2M | −$245.8M | — |
| Q1 2026 | 2026-01-31 | −$160.7M | −$201.3M | — |
| Q4 2025 | 2025-10-31 | −$145.6M | −$138.8M | — |
| Q3 2025 | 2025-07-31 | −$39.1M | −$14.2M | — |
| Q2 2025 | 2025-04-30 | $19.6M | $40.8M | — |
| Q1 2025 | 2025-01-31 | $40.6M | $211.0M | — |
| Q4 2024 | 2024-10-31 | −$6.8M | $114.1M | — |
| Q3 2024 | 2024-07-31 | −$24.9M | $163.8M | — |
| Q2 2024 | 2024-04-30 | −$21.3M | $135.6M | — |
| Q1 2024 | 2024-01-31 | −$170.4M | $53.5M | — |
| Q4 2023 | 2023-10-31 | −$120.9M | $246.6M | — |
| Q3 2023 | 2023-07-31 | −$188.7M | $175.7M | — |
| Q2 2023 | 2023-04-30 | −$156.9M | $217.3M | — |
| Q1 2023 | 2023-01-31 | −$224.0M | $57.9M | — |
| Q4 2022 | 2022-10-31 | −$367.5M | −$32.1M | — |
| Q3 2022 | 2022-07-31 | −$364.4M | $13.6M | — |
| Q2 2022 | 2022-04-30 | −$374.2M | −$327.1M | — |
| Q1 2022 | 2022-01-31 | −$281.9M | −$203.8M | — |
| Q4 2021 | 2021-10-31 | −$335.4M | −$361.6M | — |
| Q3 2021 | 2021-07-31 | −$378.1M | −$488.9M | — |
| Q2 2021 | 2021-04-30 | −$47.1M | −$201.7M | — |
| Q1 2021 | 2021-01-31 | −$78.0M | −$207.6M | — |
| Q4 2020 | 2020-10-31 | $26.2M | −$80.9M | −75.51% |
| Q3 2020 | 2020-07-31 | $110.8M | $5.6M | +5.32% |
| Q2 2020 | 2020-04-30 | $154.6M | $56.5M | +57.62% |
| Q1 2020 | 2020-01-31 | $129.6M | $53.0M | +69.12% |
| Q4 2019 | 2019-10-31 | $107.2M | $58.6M | +120.60% |
| Q3 2019 | 2019-07-31 | $105.2M | $63.4M | +151.76% |
| Q2 2019 | 2019-04-30 | $98.1M | $73.5M | +298.25% |
| Q1 2019 | 2019-01-31 | $76.6M | $70.9M | +1232.84% |
| Q4 2018 | 2018-10-31 | $48.6M | $10.1M | +26.21% |
| Q3 2018 | 2018-07-31 | $41.8M | −$11.1M | −20.99% |
| Q2 2018 | 2018-04-30 | $24.6M | −$17.4M | −41.45% |
| Q1 2018 | 2018-01-31 | $5.7M | −$25.4M | −81.56% |
| Q4 2017 | 2017-10-31 | $38.5M | $38.8M | — |
| Q3 2017 | 2017-07-31 | $52.9M | $93.7M | — |
| Q2 2017 | 2017-04-30 | $42.1M | $71.0M | — |
| Q1 2017 | 2017-01-31 | $31.2M | $105.5M | — |
| Q4 2016 | 2016-10-31 | −$349,000 | $41.5M | — |
| Q3 2016 | 2016-07-31 | −$40.8M | $17.0M | — |
| Q2 2016 | 2016-04-30 | −$28.9M | $49.5M | — |
| Q1 2016 | 2016-01-31 | −$74.3M | $8.9M | — |
| Q4 2015 | 2015-10-31 | −$41.8M | $30.4M | — |
| Q3 2015 | 2015-07-31 | −$57.8M | $38.6M | — |
| Q2 2015 | 2015-04-30 | −$78.5M | −$26.5M | — |
| Q1 2015 | 2015-01-31 | −$83.2M | −$42.6M | — |
| Q4 2014 | 2014-10-31 | −$72.2M | −$59.0M | — |
| Q3 2014 | 2014-07-31 | −$96.4M | −$62.4M | — |
| Q2 2014 | 2014-04-30 | −$52.0M | −$7.6M | — |
| Q1 2014 | 2014-01-31 | −$40.6M | $10.2M | — |
| Q4 2013 | 2013-10-31 | −$13.2M | $24.9M | — |
| Q3 2013 | 2013-07-31 | −$34.1M | $19.3M | — |
| Q2 2013 | 2013-04-30 | −$44.4M | −$4.6M | — |
| Q1 2013 | 2013-01-31 | −$50.8M | −$22.9M | — |
| Q4 2012 | 2012-10-31 | −$38.1M | −$4.0M | — |
| Q3 2012 | 2012-07-31 | −$53.3M | −$29.6M | — |
| Q2 2012 | 2012-04-30 | −$39.8M | — | — |
| Q1 2012 | 2012-01-31 | −$27.9M | — | — |
| Q4 2011 | 2011-10-31 | −$34.1M | −$18.6M | — |
| Q3 2011 | 2011-07-31 | −$23.7M | — | — |
| Q4 2010 | 2010-10-31 | −$15.4M | — | — |
Fuelcell Energy net debt trends
Over the last five fiscal years, Fuelcell Energy's net debt decreased from $26.2M to −$145.6M, a change of −$171.8M. The latest reported quarter, Q3 2026, shows −$491.9M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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