Fluence Energy, Inc.
NASDAQ•FLNC
CEO: Mr. Julian Jose Nebreda Marquez
Sector: Utilities
Industry: Renewable Utilities
Listing Date: 2021-10-28
Fluence Energy, Inc., through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence. Its energy storage products include Gridstack Pro, a large-scale front-of-the-meter application; Gridstack, a front-of-the-meter application; Sunstack, a DC-coupled energy storage product for DC-coupled solar + storage projects; Edgestack, for smaller-scale commercial and industrial use cases; and Ultrastack, for critical system requirements of distribution and transmission networks. The company also provides engineering and delivery services to support the deployment of its storage products; operational and maintenance services; and digital applications. It serves independent power producers, developer, utilities, and other generators. Fluence Energy, Inc. was founded in 2018 and is headquartered in Arlington, Virginia. Fluence Energy, Inc. is a joint venture of Siemens Aktiengesellschaft and The AES Corporation.
Contact Information
Market Cap
$3.02B
P/E (TTM)
-41.6
43.8
Dividend Yield
--
52W High
$33.51
52W Low
$3.46
52W Range
Rank50Top 68.9%
3.1
F-Score
Modified Piotroski Analysis
Based on 7-year fundamentals
Weak • 3.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2019-2025
Financial Dashboard
Q1 2026 Data
Revenue
$475.23M+0.00%
4-Quarter Trend
EPS
-$0.34+0.00%
4-Quarter Trend
FCF
-$236.14M+0.00%
4-Quarter Trend
2026 Q1 Earnings Highlights
Key Highlights
Revenue Surges 154% Total revenue $475.2M, surging 154% versus prior year. Driven by increased volume in energy storage solutions projects fulfilled.
Gross Margin Compression Noted Gross profit $23.0M, up 9%. Margin compressed significantly to 4.9% due to cost increases and contract revisions.
Digital Backlog Strong Growth Digital contracted backlog grew 21% to 14.6 GW. Total backlog remains robust with $5.5B remaining performance obligations.
Cash Position Maintained Operating cash usage $226.8M, up $15.6M period over period. Ending cash $477.8M, sufficient for next 12 months.
Risk Factors
Profitability Margin Erosion Gross margin compressed to 4.9% from 11.4%. Cost increases and contract revisions negatively impacted profitability metrics.
Net Loss Widens Net loss increased 10% to $(62.6M) for the quarter. Operating cash outflow increased $15.6M compared to prior period.
Pending Litigation Exposure Multiple securities class actions and derivative suits are pending. Outcome uncertainty could materially impact financial results.
Pipeline Realization Uncertainty Pipeline revenue realization remains uncertain. Project delays or cancellations could reduce anticipated future revenue and profitability.
Outlook
Industry Growth Forecast Global utility scale market expected to add 3,201 GWh through 2035. Growth fueled by renewable energy transition.
R&D Investment Continues R&D expenses expected to increase supporting growth and technology roadmap goals, including new product testing facilities.
Liquidity Coverage Confirmed Existing cash $477.8M plus 2024 Revolver availability deemed sufficient for next 12 months operational requirements.
New Tax Disclosure Adoption Evaluating impact of ASU 2023-09 on income tax disclosures, effective for fiscal year ending September 30, 2026.
Peer Comparison
Revenue (TTM)
$3.09B
$2.55B
$1.96B
Gross Margin (Latest Quarter)
199.4%
72.2%
56.6%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| KEN | $4.13B | 9.2 | 31.3% | 29.3% |
| EE | $3.95B | 14.2 | 12.2% | 34.6% |
| OTTR | $3.58B | 12.9 | 15.4% | 27.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.3%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
25%
Cash Flow Needs Attention
Deep Research
Next earnings:May 5, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data