Fuelcell Energy (FCEL) Inventory Average (2011 - 2026)
Fuelcell Energy (FCEL) reported Inventory Average of $89.4 million for Q2 2026, down 28.31% on a YoY basis from $124.6 million in Q2 2025, and up 1.28% sequentially from $88.2 million in Q1 2026.
Fuelcell Energy (FCEL) Inventory Average (2011 - 2026) Analysis & Trends
Fuelcell Energy (FCEL) has 16 years of Inventory Average data on file, last reported at $89.4 million in Q2 2026.
- For the quarter ending Q2 2026, Inventory Average fell 28.31% year-over-year to $89.4 million; the trailing twelve-month figure through Apr 2026 stood at $89.4 million (down 28.31% YoY), and the FY2025 full-year result was $99.9 million, up 0.88% from the prior year.
- Inventory Average rose to $89.4 million in Q2 2026, from $88.2 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $124.6 million in Q2 2025 to a low of $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.
- Across the five-year window, Inventory Average jumped 45.01% in 2023 and dropped 28.31% in 2026, its largest moves.
- Tracing FCEL's Inventory Average over 5 years: stood at $85.8 million in 2022, then retreated by 0.87% to $85.0 million in 2023, then jumped by 42.96% to $121.5 million in 2024, then declined by 21.5% to $95.4 million in 2025, then slipped by 6.33% to $89.4 million in 2026.
- Business Quant data shows FCEL's Inventory Average at $89.4 million in Q2 2026, $88.2 million in Q1 2026, and $95.4 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 406.91 Bn | 406.88 Bn | 6.04 Mn | 14.39 Mn |
| 2 | Vertiv Holdings | 106.92 Bn | 104.42 Bn | 999.70 Mn | 1.65 Bn |
| 3 | Bloom Energy | 51.54 Bn | 49.04 Bn | 225.54 Mn | 687.92 Mn |
| 4 | Hubbell | 25.76 Bn | 25.25 Bn | 505.30 Mn | 1.11 Bn |
| 5 | nVent Electric | 23.48 Bn | 23.29 Bn | 445.60 Mn | 491.95 Mn |
| 6 | Advanced Energy Industries | 10.92 Bn | 10.23 Bn | 200.90 Mn | 434.95 Mn |
| 7 | Acuity Inc. (De) | 10.08 Bn | 9.67 Bn | 606.40 Mn | 486.75 Mn |
| 8 | Powell Industries | 8.00 Bn | 7.45 Bn | 87.94 Mn | 85.63 Mn |
| 9 | EnerSys | 6.97 Bn | 6.53 Bn | 290.87 Mn | 760.03 Mn |
| 10 | Fuelcell Energy | 1.13 Bn | 761.72 Mn | -12.93 Mn | 89.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |