Filing Flows › Fuelcell Energy (FCEL) › R&D spending
Fuelcell Energy (FCEL) R&D spending by quarter
Fuelcell Energy's R&D spending was $8.5M in Q3 FY26 (third quarter fiscal 2026), +10% from Q2 FY26. Over the last 7 quarters it ranged from $5.5M (Q4 FY25) to $11.6M (Q4 FY24).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q3 FY26 | $8.5M | +10% | +11% |
| Q2 FY26 | $7.7M | +11% | -22% |
| Q1 FY26 | $7.0M | +28% | — |
| Q4 FY25 | $5.5M | -29% | -53% |
| Q3 FY25 | $7.6M | -23% | — |
| Q2 FY25 | $9.9M | -15% | — |
| Q4 FY24 | $11.6M | — | — |
Q3 FY26 at a glance
Fuelcell Energy, Q3 FY26: revenue $33.0M (-29% year over year), operating margin -141.4%, net loss $45.3M, operating cash flow −$12.2M. The chart follows the revenue to costs, profit and cash.
Questions
What is Fuelcell Energy's R&D spending?
Fuelcell Energy's R&D spending was $8.5M in Q3 FY26 (third quarter fiscal 2026), +10% from Q2 FY26.
How has Fuelcell Energy's R&D spending changed?
Over the last 7 quarters it ranged from $5.5M (Q4 FY25) to $11.6M (Q4 FY24).