R&D expense · 2011–2025
Fuelcell Energy R&D expense
$34.1M−38.5% · FY2025
Fuelcell Energy (FCEL) reported $34.1M in R&D expense for fiscal 2025, −38.5% year on year.
| Fiscal year | R&D expense | Change | Filing |
|---|---|---|---|
| FY20252025-10-31 | $34.1M | −38.5% | Open → |
| FY20242024-10-31 | $55.4M | −9.2% | Open → |
| FY20232023-10-31 | $61.0M | +76.7% | Open → |
| FY20222022-10-31 | $34.5M | +205.2% | Open → |
| FY20212021-10-31 | $11.3M | +135.9% | Open → |
| FY20202020-10-31 | $4.8M | −65.2% | Open → |
| FY20192019-10-31 | $13.8M | −39.6% | Open → |
| FY20182018-10-31 | $22.8M | +11.9% | Open → |
| FY20172017-10-31 | $20.4M | −2.1% | Open → |
| FY20162016-10-31 | $20.8M | +19.5% | Open → |
| FY20152015-10-31 | $17.4M | −4.4% | Open → |
| FY20142014-10-31 | $18.2M | +16.1% | Open → |
| FY20132013-10-31 | $15.7M | +9.5% | Open → |
| FY20122012-10-31 | $14.4M | −14.4% | Open → |
| FY20112011-10-31 | $16.8M | — | Open → |
R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +5.2%
R&D expense at companies of similar size
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{{cite web |title=Fuelcell Energy R&D expense |url=https://companiesranked.com/en/company/fuelcell-energy/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Fuelcell Energy R&D expense. CompaniesRanked. https://companiesranked.com/en/company/fuelcell-energy/research-and-development-expenseBibTeX
@misc{companiesranked-en-company-fuelcell-energy-research-and-development-expense-2026,
author = {{CompaniesRanked}},
title = {{Fuelcell Energy R\&D expense}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/fuelcell-energy/research-and-development-expense}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.