Fuelcell Energy (FCEL) Inventory (2010 - 2026)
Fuelcell Energy (FCEL) posted Inventory of $88.4 million for Q2 2026, down 2.02% sequentially from $90.3 million in Q1 2026, and down 28.41% YoY from $123.5 million in Q2 2025.
Fuelcell Energy (FCEL) Inventory (2010 - 2026) Analysis & Trends
Fuelcell Energy has reported Inventory for 17 years, with the latest figure at $88.4 million in Q2 2026.
- Quarterly Inventory fell 28.41% year-over-year to $88.4 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $88.4 million (down 28.41% YoY) and the FY2025 annual result came in at $86.2 million, down 24.19% from the prior year.
- Inventory eased to $88.4 million in Q2 2026 per FCEL's latest filing, from $90.3 million in the prior quarter.
- Over five years, Inventory peaked at $129.3 million in Q3 2024 and troughed at $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.
- The sharpest annual moves came in 2023 and 2026: Inventory surged 54.74% in 2023, then fell 28.41% in 2026.
- Over 5 years, Inventory stood at $90.9 million in 2022, then retreated by 7.1% to $84.5 million in 2023, then soared by 34.63% to $113.7 million in 2024, then retreated by 24.19% to $86.2 million in 2025, then increased by 2.61% to $88.4 million in 2026.
- According to Business Quant data, Inventory over the past three periods registered $88.4 million, $90.3 million, and $86.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 2.52 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 758.19 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 1.27 Bn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 522.40 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 538.10 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 458.30 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 95.37 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 738.65 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 493.45 Mn |
| 10 | Fuelcell Energy | 1.05 Bn | 675.77 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 |