Fuelcell Energy (FCEL) Inventory (2010 - 2026)
Fuelcell Energy (FCEL) reported Inventory of $88.4 million for Q2 2026, down 28.41% on a YoY basis from $123.5 million in Q2 2025, and down 2.02% sequentially from $90.3 million in Q1 2026.
Fuelcell Energy (FCEL) Inventory (2010 - 2026) Analysis & Trends
Fuelcell Energy (FCEL) has 17 years of Inventory data on file, last reported at $88.4 million in Q2 2026.
- For the quarter ending Q2 2026, Inventory fell 28.41% year-over-year to $88.4 million; the trailing twelve-month figure through Apr 2026 stood at $88.4 million (down 28.41% YoY), and the FY2025 full-year result was $86.2 million, down 24.19% from the prior year.
- Inventory eased to $88.4 million in Q2 2026, from $90.3 million in the prior quarter.
- In the past five years, Inventory ranged from a high of $129.3 million in Q3 2024 to a low of $65.4 million in Q1 2022.
- A 5-year average of $97.6 million and a median of $90.6 million in 2022 frame the typical range for Inventory.
- Across the five-year window, Inventory soared 54.74% in 2023 and dropped 28.41% in 2026, its largest moves.
- Tracing FCEL's Inventory over 5 years: stood at $90.9 million in 2022, then dropped by 7.1% to $84.5 million in 2023, then soared by 34.63% to $113.7 million in 2024, then dropped by 24.19% to $86.2 million in 2025, then advanced by 2.61% to $88.4 million in 2026.
- Business Quant data shows FCEL's Inventory at $88.4 million in Q2 2026, $90.3 million in Q1 2026, and $86.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 15.01 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 1.83 Bn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 732.53 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 1.14 Bn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 512.00 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 458.70 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 458.30 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 86.30 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 724.69 Mn |
| 10 | Fuelcell Energy | 5.02 Mn | -359.10 Mn | -12.93 Mn | 88.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 88.45 Mn |
| Jan 31, 2026 | 90.28 Mn |
| Oct 31, 2025 | 86.20 Mn |
| Jul 31, 2025 | 104.60 Mn |
| Apr 30, 2025 | 123.54 Mn |
| Jan 31, 2025 | 125.76 Mn |
| Oct 31, 2024 | 113.70 Mn |
| Jul 31, 2024 | 129.35 Mn |
| Apr 30, 2024 | 113.92 Mn |
| Jan 31, 2024 | 102.86 Mn |
| Oct 31, 2023 | 84.46 Mn |
| Jul 31, 2023 | 85.56 Mn |
| Apr 30, 2023 | 87.29 Mn |
| Jan 31, 2023 | 101.18 Mn |
| Oct 31, 2022 | 90.91 Mn |
| Jul 31, 2022 | 80.61 Mn |
| Apr 30, 2022 | 82.88 Mn |
| Jan 31, 2022 | 65.39 Mn |
| Oct 31, 2021 | 67.07 Mn |
| Jul 31, 2021 | 60.41 Mn |