Albemarle Energy Storage — Work in process increased by 5.0% to $312.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $306.10M to $312.70M. Over 2 years (FY 2023 to FY 2025), Energy Storage — Work in process shows an upward trend with a 29.0% CAGR.
An increase may signal rising production activity or potential bottlenecks, while a decrease may indicate faster inventory turnover or reduced production.
The value of inventory that is currently in the production phase but not yet ready for sale. In the energy storage conte...
Standard 'Work-in-Process' inventory category reported by all manufacturing and industrial companies.
alb_segment_energy_storage_work_in_process| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $133.20M | $154.70M | $174.10M | $194.40M | $213.40M | $241.00M | $274.30M | $295.20M | $290.60M | $306.10M | $312.10M | $310.50M | $297.90M | $312.70M |
| QoQ Change | — | +16.1% | +12.5% | +11.7% | +9.8% | +12.9% | +13.8% | +7.6% | -1.6% | +5.3% | +2.0% | -0.5% | -4.1% | +5.0% |
| YoY Change | — | — | — | — | +60.2% | +55.8% | +57.6% | +51.9% | +36.2% | +27.0% | +13.8% | +5.2% | +2.5% | +2.2% |