Fuelcell Energy (FCEL) Inventory Average (2011 - 2026)

Fuelcell Energy's (FCEL) quarterly Inventory Average came in at $89.4 million in Q2 2026, down 28.31% YoY from $124.6 million in Q2 2025, and up 1.28% on a QoQ basis from $88.2 million in Q1 2026.

Fuelcell Energy (FCEL) Inventory Average (2011 - 2026) Analysis & Trends

Fuelcell Energy's Inventory Average history runs 16 years deep, the most recent figure standing at $89.4 million for Q2 2026.

  • On a quarterly basis, Inventory Average fell 28.31% year-over-year to $89.4 million in Q2 2026; TTM through Apr 2026 was $89.4 million, a 28.31% decrease from a year earlier, with the FY2025 full-year figure at $99.9 million, up 0.88% from the prior year.
  • Inventory Average was $89.4 million for Q2 2026 at Fuelcell Energy, up from $88.2 million in the prior quarter.
  • Over the last five years, Inventory Average for FCEL reached as high as $124.6 million in Q2 2025 and fell as low as $66.2 million in Q1 2022.
  • A 5-year average of $97.0 million and a median of $93.9 million in 2023 frame the typical range for Inventory Average.
  • The widest annual swing landed in 2023, when Inventory Average soared 45.01%; it then slipped 28.31% in 2026.
  • Tracing FCEL's Inventory Average over 5 years: stood at $85.8 million in 2022, then slipped by 0.87% to $85.0 million in 2023, then soared by 42.96% to $121.5 million in 2024, then retreated by 21.5% to $95.4 million in 2025, then declined by 6.33% to $89.4 million in 2026.
  • According to Business Quant data, Inventory Average over the past three periods registered $89.4 million, $88.2 million, and $95.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 1.97 Mn
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 1.65 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 687.92 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 491.95 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 1.11 Bn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 434.95 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 85.63 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 18.84 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 516.65 Mn
10 Fuelcell Energy 1.02 Bn 1.02 Bn -12.93 Mn 89.36 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 89.36 Mn
Jan 31, 2026 88.24 Mn
Oct 31, 2025 95.40 Mn
Jul 31, 2025 114.07 Mn
Apr 30, 2025 124.65 Mn
Jan 31, 2025 119.73 Mn
Oct 31, 2024 121.53 Mn
Jul 31, 2024 121.63 Mn
Apr 30, 2024 108.39 Mn
Jan 31, 2024 93.66 Mn
Oct 31, 2023 85.01 Mn
Jul 31, 2023 86.43 Mn
Apr 30, 2023 94.24 Mn
Jan 31, 2023 96.04 Mn
Oct 31, 2022 85.76 Mn
Jul 31, 2022 81.74 Mn
Apr 30, 2022 74.13 Mn
Jan 31, 2022 66.23 Mn
Oct 31, 2021 63.74 Mn
Jul 31, 2021 59.67 Mn