Fuelcell Energy (FCEL) Change in Inventory (2010 - 2026)
Fuelcell Energy's Change in Inventory was -$2.07 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), compared with -$9.93 million a year earlier.
Fuelcell Energy (FCEL) Change in Inventory (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Fuelcell Energy's Change in Inventory was -$17.12 million through Jul 31, 2026; for FY2025 (ended Oct 31, 2025), it was -$15.87 million.
- In earlier fiscal years, Change in Inventory was $29.25 million in FY2024, -$4.69 million in FY2023, $28.06 million in FY2022 (+49.6%) and $18.76 million in FY2021 (+788.4%).
- Quarterly Change in Inventory has moved between -$17.93 million (fiscal Q4 2025) and $18.4 million (fiscal Q1 2024) over five years.
- The best year-over-year quarter for Change in Inventory over five years was fiscal Q1 2023 (growth of 306.0%); the worst was fiscal Q4 2023 (a decline of 87.5%).
- Per Business Quant data, FCEL's Change in Inventory in the three fiscal quarters before Q3 2026 was -$64,000 (Q2 2026), $2.95 million (Q1 2026) and -$17.93 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 240.45 Bn | 200.37 Bn | 2.36 Bn | 814.00 Mn |
| 2 | Bloom Energy | 63.93 Bn | 55.72 Bn | 355.57 Mn | 26.47 Mn |
| 3 | First Solar | 18.81 Bn | 9.76 Bn | 605.00 Mn | 162.14 Mn |
| 4 | BWX Technologies | 12.31 Bn | 10.61 Bn | 202.31 Mn | - |
| 5 | Nextpower | 12.02 Bn | 7.91 Bn | 335.85 Mn | - |
| 6 | Generac Holdings | 11.44 Bn | 10.27 Bn | 521.81 Mn | -939,000.00 |
| 7 | EnerSys | 6.24 Bn | 4.43 Bn | 313.36 Mn | 14.48 Mn |
| 8 | Enphase Energy | 4.20 Bn | -660.72 Mn | 175.01 Mn | -5.68 Mn |
| 9 | Mirion Technologies | 3.73 Bn | 1.57 Bn | 133.10 Mn | 5.60 Mn |
| 10 | Fuelcell Energy | 883.59 Mn | -737.61 Mn | -24.50 Mn | -2.07 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -2.07 Mn |
| Apr 30, 2026 | -64,000.00 |
| Jan 31, 2026 | 2.95 Mn |
| Oct 31, 2025 | -17.93 Mn |
| Jul 31, 2025 | -9.93 Mn |
| Apr 30, 2025 | -2.21 Mn |
| Jan 31, 2025 | 14.20 Mn |
| Oct 31, 2024 | -15.65 Mn |
| Jul 31, 2024 | 15.43 Mn |
| Apr 30, 2024 | 11.06 Mn |
| Jan 31, 2024 | 18.40 Mn |
| Oct 31, 2023 | 662,000.00 |
| Jul 31, 2023 | -1.73 Mn |
| Apr 30, 2023 | -13.88 Mn |
| Jan 31, 2023 | 10.27 Mn |
| Oct 31, 2022 | 5.28 Mn |
| Jul 31, 2022 | 2.76 Mn |
| Apr 30, 2022 | 17.49 Mn |
| Jan 31, 2022 | 2.53 Mn |
| Oct 31, 2021 | 7.74 Mn |
Fuelcell Energy Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=FCEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "FCEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();