Fluence Energy, Inc. income statement
In fiscal 2025, Fluence Energy, Inc. reported revenue of $2.26bn, down 16.1% on the year before and net income of −$48.3m, or −$0.37 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 561 | 681 | 1,199 | 2,218 | 2,699 | 2,263 | 2,632 |
| Cost of revenue | 553 | 750 | 1,261 | 2,077 | 2,357 | 1,967 | 2,386 |
| Gross profit | 8 | −69 | −62 | 141 | 341 | 296 | 246 |
| Research and development | 12 | 23 | 60 | 66 | 66 | 86 | 84 |
| Selling and marketing | 16 | 23 | 37 | 41 | 64 | 79 | 91 |
| General and administrative | 18 | 38 | 117 | 136 | 173 | 163 | 166 |
| Interest expense | 0 | 1 | 2 | 2 | 4 | 1 | — |
| Net interest income | — | −1 | 0 | 5 | 6 | — | — |
| Income before tax | −40 | −160 | −288 | −100 | 40 | −45 | −96 |
| Income tax | 6 | 2 | 1 | 5 | 9 | 23 | 16 |
| Net income | −47 | −162 | −104 | −70 | 23 | −48 | −81 |
| Diluted EPS | — | — | −$1.50 | −$0.60 | $0.13 | −$0.37 | — |
| Diluted shares (average) | — | — | 70m | 116m | 184m | 130m | — |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,228 | 187 | 432 | 603 | 1,042 | 475 | 465 | 650 |
| Cost of revenue | 1,071 | 166 | 389 | 513 | 899 | 452 | 418 | 617 |
| Gross profit | 157 | 21 | 43 | 89 | 143 | 23 | 47 | 33 |
| Research and development | 18 | 17 | 22 | 26 | 21 | 19 | 21 | 24 |
| Selling and marketing | 23 | 18 | 21 | 20 | 20 | 22 | 23 | 25 |
| General and administrative | 46 | 37 | 41 | 36 | 49 | 42 | 37 | 38 |
| Interest expense | 1 | 1 | 0 | 0 | 0 | — | — | — |
| Net interest income | 1 | 1 | −0 | — | — | — | — | — |
| Income before tax | 76 | −59 | −44 | 11 | 46 | −70 | −28 | −44 |
| Income tax | 8 | −2 | −2 | 5 | 22 | −8 | 2 | 1 |
| Net income | 48 | −41 | −31 | 6 | 18 | −45 | −21 | −33 |
| Diluted EPS | $0.33 | −$0.32 | −$0.24 | $0.01 | $0.14 | −$0.34 | −$0.16 | −$0.24 |
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