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| 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 |