Products & Services · Work in process

Energy Storage — Work in process

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.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2026
Rolls up toInventories

How to read this metric

An increase may signal rising production activity or potential bottlenecks, while a decrease may indicate faster inventory turnover or reduced production.

Detailed definition

The value of inventory that is currently in the production phase but not yet ready for sale. In the energy storage conte...

Peer comparison

Standard 'Work-in-Process' inventory category reported by all manufacturing and industrial companies.

Metric ID: alb_segment_energy_storage_work_in_process

Historical Data

14 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$133.20M$312.70M
CAGR+30.0%
Avg YoY Growth+31.2%
Median YoY Growth+31.6%

Frequently Asked Questions

What is Albemarle's energy storage — work in process?
Albemarle (ALB) reported energy storage — work in process of $312.70M in Q1 2026.
How has Albemarle's energy storage — work in process changed year-over-year?
Albemarle's energy storage — work in process increased by 2.2% year-over-year, from $306.10M to $312.70M.
What is the long-term trend for Albemarle's energy storage — work in process?
Over 2 years (2023 to 2025), Albemarle's energy storage — work in process has grown at a 29.0% compound annual growth rate (CAGR), from $736.60M to $1.23B.
What does energy storage — work in process mean?
The value of goods currently being manufactured or processed that are not yet finished products.