ReNew Energy Global (RNW) Change in Inventory (2020 - 2026)

ReNew Energy Global (RNW) posted quarterly Change in Inventory of -$2.0 million for Q1 2026, up 90.7% year-over-year from -$1.1 million in Q1 2025, and up 97.38% quarter-over-quarter from -$78.0 million in Q4 2025.

ReNew Energy Global (RNW) Change in Inventory (2020 - 2026) Analysis & Trends

ReNew Energy Global (RNW) has reported Change in Inventory for 7 consecutive years, with -$2.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Inventory rose 90.7% year-over-year to -$2.0 million; the TTM figure through Mar 2026 stood at -$107.0 million (down 234.52% YoY), while the FY2026 annual figure was -$101.0 million, down 260.71% from the prior year.
  • Change in Inventory grew to -$2.0 million in Q1 2026 per RNW's latest filing, from -$78.0 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $16.0 million in Q3 2025 and bottomed at -$78.0 million in Q4 2025.
  • Historically, Change in Inventory has averaged -$8.8 million across 5 years, with a median of -$1.5 million in 2026.
  • Annual changes were most pronounced in 2023 — Change in Inventory plunged 249999900.0% — and 2024, when it jumped 11111211.11%.
  • ReNew Energy Global's Change in Inventory stood at -$2.0 in 2022, then slumped by 249999900.0% to -$5.0 million in 2023, then tumbled by 80.0% to -$9.0 million in 2024, then slumped by 766.67% to -$78.0 million in 2025, then surged by 97.38% to -$2.0 million in 2026.
  • Business Quant data shows RNW's Change in Inventory at -$2.0 million in Q1 2026, -$78.0 million in Q4 2025, and $16.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Enlight Renewable Energy 11.86 Bn 10.69 Bn 117.49 Mn -
2 Ormat Technologies 6.97 Bn 6.31 Bn 68.70 Mn -
3 Brookfield Renewable Partners 4.63 Bn 2.13 Bn 623.00 Mn -
4 Clearway Energy 3.79 Bn 3.45 Bn 332.00 Mn -
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn -2.05 Mn
6 Fluence Energy 1.83 Bn 1.27 Bn 33.24 Mn 21.78 Mn
7 XPLR Infrastructure 1.08 Bn 584.55 Mn - -
8 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn -
9 Energy Vault Holdings 671.14 Mn 602.39 Mn 4.79 Mn -14,000.00
10 Eco Wave Power Global AB (publ) 342.25 Mn 342.25 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.05 Mn
Mar 31, 2026 -2.05 Mn
Dec 31, 2025 -78.00 Mn
Dec 31, 2025 -78.00 Mn
Sep 30, 2025 16.00 Mn
Sep 30, 2025 16.00 Mn
Jun 30, 2025 -43.00 Mn
Jun 30, 2025 -43.00 Mn
Mar 31, 2025 -22.00 Mn
Mar 31, 2025 -22.00 Mn
Dec 31, 2024 -9.00 Mn
Dec 31, 2024 -9.00 Mn
Sep 30, 2024 -9.00 Mn
Sep 30, 2024 -9.00 Mn
Jun 30, 2024 8.00 Mn
Jun 30, 2024 8.00 Mn
Mar 31, 2024 1.00 Mn
Mar 31, 2024 1.00 Mn
Dec 31, 2023 -5.00 Mn
Dec 31, 2023 -5.00 Mn