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FuelCell Energy FCEL Operating Lease ROU Assets

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Other financials

Income statement

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Revenue$35.6M-4.9%
Gross profit-$12.9M-37.0%
Operating income-$77.9M-118%
Net income-$77.9M-105%
EPS (diluted)-$1.45+19.0%

Balance sheet

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Cash & equivalents$373.2M+222%
Total debt$30.2M+14.7%
Total equity$719.4M+18.1%
Total assets$1.0B+13.5%

Cash flow

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Operating cash flow-$27.3M+8.7%
CapEx$1.7M-67.7%
Free cash flow-$29.0M+17.5%

Valuation

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Market cap$1.59B+1,609%
Enterprise value$1.24B-2,458%
P/S9.4×+8.8×

Profitability

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Gross margin-18.2%-3.7pp
Operating margin-135.7%+39.6pp
Net margin-132.4%+37.4pp
FCF margin-71.3%-22.3pp

Returns & leverage

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Return on equity-33.5%+31.9pp
Debt / equity0.0×
Current ratio8.6×+3.0×

Where this comes from

Reported directly by FuelCell Energy in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The source filing: FuelCell Energy’s 10-Q, filed June 8, 2026.

Filed
Jun 8, 2026, 7:40 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-071183
Line itemApril 30, 2026October 31, 2025
Inventories - long-term-3,216
Project assets, net167,512216,847
Property, plant and equipment, net95,32396,436
Operating lease right-of-use assets, net11,04811,232
Intangible assets, net3,2423,891
Other assets131,217103,622
Total assets (1)$1,003,380$932,146
LIABILITIES AND STOCKHOLDERS' EQUITY

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is FuelCell Energy's operating lease ROU assets?
FuelCell Energy (FCEL) reported operating lease ROU assets of $11.05M in Q1 2026.
How has FuelCell Energy's operating lease ROU assets changed year-over-year?
FuelCell Energy's operating lease ROU assets increased by 46.0% year-over-year, from $7.57M to $11.05M.
What is the long-term trend for FuelCell Energy's operating lease ROU assets?
Over 5 years (2020 to 2025), FuelCell Energy's operating lease ROU assets has grown at a 2.2% compound annual growth rate (CAGR), from $10.1M to $11.23M.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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