Fuelcell Energy (FCEL) Inventory Average (2011 - 2026)
Fuelcell Energy (FCEL) posted Inventory Average of $89.4 million for Q2 2026, up 1.28% sequentially from $88.2 million in Q1 2026, and down 28.31% YoY from $124.6 million in Q2 2025.
Fuelcell Energy (FCEL) Inventory Average (2011 - 2026) Analysis & Trends
Fuelcell Energy has reported Inventory Average for 16 years, with the latest figure at $89.4 million in Q2 2026.
- Quarterly Inventory Average fell 28.31% year-over-year to $89.4 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $89.4 million (down 28.31% YoY) and the FY2025 annual result came in at $99.9 million, up 0.88% from the prior year.
- Inventory Average rose to $89.4 million in Q2 2026 per FCEL's latest filing, from $88.2 million in the prior quarter.
- Over five years, Inventory Average peaked at $124.6 million in Q2 2025 and troughed at $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 sharpest annual moves came in 2023 and 2026: Inventory Average soared 45.01% in 2023, then fell 28.31% in 2026.
- Over 5 years, Inventory Average stood at $85.8 million in 2022, then dropped by 0.87% to $85.0 million in 2023, then jumped by 42.96% to $121.5 million in 2024, then decreased by 21.5% to $95.4 million in 2025, then fell 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 99.90 Bn | 96.79 Bn | 1.23 Bn | 2.18 Bn |
| 2 | Bloom Energy | 57.34 Bn | 54.67 Bn | 355.57 Mn | 745.36 Mn |
| 3 | nVent Electric | 25.08 Bn | 24.82 Bn | 558.00 Mn | 517.20 Mn |
| 4 | Hubbell | 24.89 Bn | 24.49 Bn | 613.00 Mn | 1.20 Bn |
| 5 | Advanced Energy Industries | 11.15 Bn | 9.73 Bn | 236.10 Mn | 498.40 Mn |
| 6 | Acuity Inc. (De) | 10.33 Bn | 9.92 Bn | 606.40 Mn | 486.75 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 90.84 Mn |
| 8 | EnerSys | 6.91 Bn | 6.38 Bn | 313.36 Mn | 731.67 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 231.89 Mn |
| 10 | Fuelcell Energy | 1.02 Bn | 650.56 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 |