This study investigates the performance and operating characteristics of 5kW-class solid oxide fuel cell and gas turbine (SOFC/GT) hybrid systems for two different configurations, namely single- and dual- spool gas turbines. Both single and dual spool turbo-chargers are widely used in the gas turbine industry. Even though their operation is based on the same physical principles, their performance characteristics and operation parameters vary considerably due to different designs. The implications of the differences on the performance of the hybrid SOFC/GT have not been discussed in literature, and will be the topic of this paper. Operating envelops of single and dual shaft systems are identified and compared. Performance in terms of system efficiency and load following is analyzed. Sensitivities of key variables such as power, SOFC temperature, and GT shaft speed to the control inputs (namely, fuel flow, SOFC current, generator load) are characterized, all in an attempt to gain insights on the design implication for the single and dual shaft SOFC/GT systems. Dynamic analysis are also performed for part load operation and load transitions, which shed lights for the development of safe and optimal control strategies.