FLNC
Fluence Energy, Inc.
NASDAQ · Utilities · Renewable Utilities · US
$10.35
+1.47%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 2.6B | 2.3B | 2.7B | 2.2B | 1.2B |
| Cost of Revenue | 2.4B | 2.0B | 2.4B | 2.1B | 1.3B |
| Gross Profit | 241.5M | 295.8M | 341.1M | 141.0M | (62.4M) |
| Operating Expenses | |||||
| R&D Expense | 84.2M | 86.2M | 66.2M | 66.3M | 60.1M |
| SG&A Expense | 257.0M | 242.6M | 236.8M | 177.4M | 153.9M |
| General & Admin Expense | 166.2M | 163.1M | 173.0M | 136.3M | 116.7M |
| Selling & Marketing Expense | 90.9M | 79.5M | 63.8M | 41.1M | 37.2M |
| Other Expenses | 6.9M | 13.3M | 11.4M | 9.8M | — |
| Total Operating Expenses | 348.2M | 342.1M | 314.5M | 253.6M | 214.1M |
| Cost and Expenses | 2.7B | 2.3B | 2.7B | 2.3B | 1.5B |
| Operating Income (EBIT) | (106.6M) | (46.3M) | 26.6M | (112.6M) | (276.4M) |
| Non-Operating | |||||
| Interest Income | — | — | 5.7M | 5.4M | — |
| Interest Expense | 11.1M | 4.1M | — | — | 2.0M |
| Net Interest Income | (11.1M) | (4.1M) | 5.7M | 5.4M | (2.0M) |
| Other Non-Op Income/Expense | 11.1M | 1.3M | 13.0M | 12.3M | (11.4M) |
| Non-Operating Income (excl Interest) | (12.9M) | — | — | — | 9.4M |
| EBT (Pre-Tax Income) | (95.6M) | (45.1M) | 39.6M | (100.3M) | (287.8M) |
| Income Tax Expense | 16.5M | 22.9M | 9.2M | 4.5M | 1.4M |
| Bottom Line | |||||
| Net Income | (80.9M) | (48.3M) | 22.7M | (69.6M) | (104.5M) |
| Earnings from Cont. Ops | (112.0M) | (68.0M) | 30.4M | (104.8M) | (289.2M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (80.9M) | (48.3M) | 22.7M | (69.6M) | (104.5M) |
| Per Share | |||||
| Basic EPS | ($0.60) | ($0.37) | $0.18 | ($0.60) | ($0.91) |
| Diluted EPS | ($0.60) | ($0.37) | $0.12 | ($0.60) | ($0.91) |
| Revenue Per Share | $19.05 | $17.37 | $21.39 | $19.05 | $10.43 |
| Shares | |||||
| Basic Shares Outstanding | 138.1M | 130.3M | 126.2M | 116.4M | 114.9M |
| Diluted Shares Outstanding | 138.1M | 130.3M | 184.0M | 116.4M | 114.9M |
| Profitability Metrics | |||||
| EBITDA | (33.0M) | (17.0M) | 41.1M | (101.9M) | (285.8M) |
| D&A | 60.7M | 29.3M | 14.5M | 10.7M | — |
| EBIT | (93.7M) | (46.3M) | 26.6M | (112.6M) | (285.8M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026