Fluence Energy (FLNC)
Integrates grid-scale battery storage with lifecycle services and asset optimization software.
$7.52
vs last close+0.24 (+3.37%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Sep 2023 | Q1 FY24Dec 2023 | Q2 FY24Mar 2024 | Q3 FY24Jun 2024 | Q4 FY24Sep 2024 | Q1 FY25Dec 2024 | Q2 FY25Mar 2025 | Q3 FY25Jun 2025 | Q4 FY25Sep 2025 | Q1 FY26Dec 2025 | Q2 FY26Mar 2026 | Q3 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 673 | 364 | 623 | 483 | 1,228 | 187 | 432 | 603 | 1,042 | 475 | 465 | 650 |
| Cost of revenue | 594 | 328 | 559 | 400 | 1,071 | 166 | 389 | 513 | 899 | 452 | 423 | 617 |
| Gross profit | 79 | 36 | 64 | 83 | 157 | 21 | 43 | 89 | 143 | 23 | 42 | 33 |
| 62 | 66 | 80 | 78 | 90 | 75 | 88 | 85 | 94 | 86 | 81 | 87 | |
| Research & development | 15 | 15 | 17 | 15 | 18 | 17 | 22 | 26 | 21 | 19 | 21 | 24 |
| 47 | 48 | 60 | 60 | 69 | 55 | 63 | 55 | 70 | 64 | 60 | 63 | |
| Selling & marketing | 0 | 11 | 16 | 15 | 23 | 18 | 21 | 20 | 20 | 22 | 23 | 25 |
| General & administrative | 0 | 38 | 44 | 45 | 46 | 37 | 41 | 36 | 49 | 42 | 37 | 38 |
| Other expenses | 0 | 2 | 2 | 4 | 3 | 3 | 3 | 4 | 4 | 4 | −1 | 0 |
| Operating income | 18 | −30 | −16 | 5 | 68 | −54 | −45 | 4 | 48 | −63 | −38 | −54 |
| −6 | 3 | 1 | 1 | 8 | −5 | 1 | 7 | −2 | −7 | 11 | 10 | |
| Interest income | 1 | 2 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 1 | 4 | 3 |
| Other non-operating income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −13 |
| Income before tax | 11 | −27 | −15 | 5 | 76 | −59 | −44 | 11 | 46 | −70 | −28 | −44 |
| Income tax expense | 7 | −1 | −2 | 4 | 8 | −2 | −2 | 5 | 22 | −8 | 2 | 1 |
| Net income from continuing operations | 5 | −26 | −13 | 1 | 68 | −57 | −42 | 7 | 24 | −63 | −29 | −44 |
| Net income | 3 | −17 | −9 | 1 | 48 | −41 | −31 | 6 | 18 | −45 | −21 | −33 |
| EPS, basic | $0.03 | −$0.14 | −$0.07 | $0.01 | $0.37 | −$0.32 | −$0.24 | $0.02 | $0.14 | −$0.34 | −$0.16 | −$0.24 |
| EPS, diluted | $0.03 | −$0.14 | −$0.07 | $0.00 | $0.26 | −$0.32 | −$0.24 | $0.02 | $0.14 | −$0.34 | −$0.16 | −$0.24 |
| Weighted average shares, basic | 119 | 121 | 127 | 128 | 129 | 129 | 130 | 131 | 131 | 132 | 132 | 138 |
| Weighted average shares, diluted | 119 | 121 | 127 | 184 | 184 | 129 | 130 | 130 | 131 | 132 | 132 | 138 |
| EBITDA | 20 | −27 | −13 | 9 | 72 | −49 | −39 | 12 | 59 | −54 | −28 | −10 |
| Depreciation & amortization | 2 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 10 | 9 | 11 | 31 |
| EBIT | 18 | −30 | −16 | 5 | 68 | −54 | −45 | 4 | 48 | −63 | −38 | −41 |
