Fuelcell Energy (FCEL) Inventory (2010 - 2026)

Fuelcell Energy's (FCEL) quarterly Inventory came in at $88.4 million in Q2 2026, down 28.41% YoY from $123.5 million in Q2 2025, and down 2.02% on a QoQ basis from $90.3 million in Q1 2026.

Fuelcell Energy (FCEL) Inventory (2010 - 2026) Analysis & Trends

Fuelcell Energy's Inventory history runs 17 years deep, the most recent figure standing at $88.4 million for Q2 2026.

  • On a quarterly basis, Inventory fell 28.41% year-over-year to $88.4 million in Q2 2026; TTM through Apr 2026 was $88.4 million, a 28.41% decrease from a year earlier, with the FY2025 full-year figure at $86.2 million, down 24.19% from the prior year.
  • Inventory was $88.4 million for Q2 2026 at Fuelcell Energy, down from $90.3 million in the prior quarter.
  • Over the last five years, Inventory for FCEL reached as high as $129.3 million in Q3 2024 and fell as low as $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 widest annual swing landed in 2023, when Inventory surged 54.74%; it then slipped 28.41% in 2026.
  • Tracing FCEL's Inventory over 5 years: stood at $90.9 million in 2022, then fell by 7.1% to $84.5 million in 2023, then surged by 34.63% to $113.7 million in 2024, then fell by 24.19% to $86.2 million in 2025, then grew 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 2.18 Mn
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 1.83 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 732.53 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 512.00 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 1.14 Bn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 458.70 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 86.30 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 43.77 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 515.20 Mn
10 Fuelcell Energy 1.02 Bn 1.02 Bn -12.93 Mn 88.45 Mn

Historic Data

Download Data
DateValue
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