Fuelcell Energy shares outstanding FCEL
Diluted shares outstanding, averaged over each quarter, from 2011.
- Latest quarter, to Jul 31, 2026
- 70.4M
- On a year earlier
- +188.1%
- more shares
Fuelcell Energy had 70.4M diluted shares outstanding on average in Q3 FY26, the quarter to Jul 31, 2026.
That is 188.1% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 36.2M | +90% |
| FY2024 | 19.1M | −96% |
| FY2023 | 450.6M | +11% |
| FY2022 | 405.4M | +11% |
| FY2021 | 366.7M | +43% |
| FY2020 | 256.4M | +66% |
| FY2019 | 154.4M | +1892% |
| FY2018 | 7.8M | +50% |
| FY2017 | 5.2M | +87% |
| FY2016 | 2.8M | +32% |
| FY2015 | 2.1M | +7% |
| FY2014 | 1.9M | +59% |
| FY2013 | 1.2M | −5% |
| FY2012 | 1.3M | +42% |
| FY2011 | 909.7K | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q3 FY26 | 70.4M | +188% | |
| Q2 FY26 | 54.2M | +149% | |
| Q1 FY26 | 48.2M | +135% | |
| Q4 FY25 | 36.2M | +90% | |
| Q3 FY25 | 24.4M | +46% | |
| Q2 FY25 | 21.7M | +44% | |
| Q1 FY25 | 20.5M | +36% | |
| Q4 FY24 | 19.1M | −96% | |
| Q3 FY24 | 16.8M | −96% | |
| Q2 FY24 | 15.1M | −96% | |
| Q1 FY24 | 15.1M | −96% | |
| Q4 FY23 | 450.6M | +11% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Fuelcell Energy
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.