PerpEquities

Equity

FLNC perpetual futures

Fluence Energy, Inc. tracked across crypto venues with normalized contract specs.

Compare venues

Price chart

17.95▼ 7.10%
17.0018.0019.0020.00
Jun 30Jul 1Jul 3Jul 4Jul 6
24/7 perp mark · Binance (FLNC/USDT)
Auto: market closed → highest-volume perp venue

Trading data

Perpetual market activity

10/10 live markets
Venues
10
Live markets
10/10
24h volume
$12.1M
Open interest
$3.1M
Best liquidity
$399k
Binance
Tightest spread
+5.6 bps
Bybit
Highest volume
$6.3M
Binance
Settlement mix
USDT · 10/10

Best Liquidity

FLNC
Binance · FLNC/USDT$399k

Tightest Spread

FLNC
Bybit · FLNC/USDT+5.6 bps

Highest Volume

FLNC
Binance · FLNC/USDT$6.3M

Venue Matrix

10 markets
Trade
BinanceTradeFLNC/USDTtrading17.950+0.00%+5.6 bps$399k$6.3M$987kUSDT-
BitgetTradeFLNC/USDTtrading17.959+0.00%+13.9 bps$310k$1.8M$281kUSDT20x
BingXTradeFLNC-USDTtrading17.950+10.95%+39.0 bps$378k$1.2M$2kUSDT-
BybitTradeFLNC/USDTtrading17.960+0.00%+5.6 bps$23k$1.2M$89kUSDT20x
OKXTradeFLNC/trading17.950+0.00%+22.3 bps$115k$696k$74kUSDT20x
PhemexTradeFLNC / USDTtrading17.940+0.00%+5.6 bps$41k$329k$1.3MUSDT10x
Gate.ioTradeFLNC/USDTtrading17.970+10.95%+65.1 bps$38k$321k$95kUSDT20x
KuCoinTradeFLNC/USDTtrading17.990+99.97%+16.7 bps$20k$291k$198kUSDT20x
AsterTradeFLNCUSDTtrading17.970+0.00%+27.9 bps$110k$17k$4kUSDT-
HTXTradeFLNC/USDTtrading17.950+10.95%+44.6 bps$100k$4k$2kUSDT-

Company data

Company fundamentals

Updated 5h ago
Market cap
$3.4B
Updated 5h ago
Revenue
$2.6B
Trailing 12 months
Net income
$-41.8M
Trailing 12 months
Free cash flow
$-270.6M
Trailing 12 months
Profit margin
-1.6%
P/E
-57.5
P/S
1.3
Revenue estimate
$3.4B
Next fiscal year
Revenue growth
+49%
Next fiscal year

Fundamental detail

Annual + quarterly
Latest revenue$2.3B
Net margin-2.1%
Free cash flow$-175.3M
Net debt$-300.0M
2020$561.3M
2021$680.8M
2022$1.2B
2023$2.2B
2024$2.7B
2025$2.3B
PeriodRevenueGrowthNet incomeFCF
2020$561.3M+509%$-46.7M$-15.8M
2021$680.8M+21%$-162.0M$-269.6M
2022$1.2B+76%$-289.2M$-290.3M
2023$2.2B+85%$-69.6M$-124.2M
2024$2.7B+22%$22.7M$60.7M
2025$2.3B-16%$-48.3M$-175.3M
PeriodGross marginOperating marginNet marginROEROA
2020+1.4%+0.0%-8.3%+0.0%-12.8%
2021-10.2%-23.3%-23.8%+288.3%-22.6%
2022-5.2%-23.7%-24.1%-66.4%-16.6%
2023+6.4%-5.1%-3.1%-17.3%-5.1%
2024+12.6%+1.0%+0.8%+4.8%+1.2%
2025+13.1%-2.0%-2.1%-11.2%-2.0%
PeriodCashDebtNet debtCurrent ratio
2020$93.8M$0.0$-93.8M0.87
2021$36.8M$100.0M$63.2M0.86
2022$357.3M$2.7M$-354.6M1.44
2023$345.9M$50.6M$-295.3M1.60
2024$448.7M$30.4M$-418.3M1.33
2025$690.8M$390.8M$-300.0M1.51
PeriodMarket capEnterprise valueP/SP/E
2020$2.4B$2.3B3.1-37.1
2021$2.7B$2.7B2.8-11.7
2022$1.4B$1.1B0.8-3.5
2023$3.8B$3.5B1.2-38.5
2024$4.0B$3.6B1.1126.1
2025$2.0B$1.7B0.6-29.1
Q3 2024$483.3M
Q4 2024$1.2B
Q1 2025$186.8M
Q2 2025$431.6M
Q3 2025$602.5M
Q4 2025$1.0B
Q1 2026$475.2M
Q2 2026$464.9M
PeriodRevenueGrowthNet incomeFCF
Q3 2024$483.3M-10%$785k$-27.0M
Q4 2024$1.2B+82%$47.8M$5.0M
Q1 2025$186.8M-49%$-41.5M$-216.4M
Q2 2025$431.6M-31%$-31.0M$-53.8M
Q3 2025$602.5M+25%$6.3M$-161.2M
Q4 2025$1.0B-15%$17.9M$256.0M
Q1 2026$475.2M+154%$-45.1M$-236.1M
Q2 2026$464.9M+8%$-20.9M$-129.3M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+17.2%+0.9%+0.2%+0.2%+0.0%
Q4 2024+12.8%+5.5%+3.9%+10.1%+2.5%
Q1 2025+11.4%-28.8%-22.2%-10.1%-1.9%
Q2 2025+9.9%-10.4%-7.2%-8.0%-1.4%
Q3 2025+14.8%+0.7%+1.0%+1.5%+0.3%
Q4 2025+13.7%+4.6%+1.7%+4.2%+0.8%
Q1 2026+4.9%-13.3%-9.5%-11.6%-2.0%
Q2 2026+9.1%-8.3%-4.5%-5.7%-0.9%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$388.2M$53.7M$-334.5M1.34
Q4 2024$448.7M$30.4M$-418.3M1.33
Q1 2025$607.4M$389.1M$-218.3M1.57
Q2 2025$568.6M$389.9M$-178.7M1.51
Q3 2025$436.3M$390.4M$-46.0M1.64
Q4 2025$690.8M$390.8M$-300.0M1.51
Q1 2026$452.6M$391.3M$-61.3M1.48
Q2 2026$412.9M$402.0M$-10.9M1.43
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$3.0B$2.6B4.3669.3
Q4 2024$4.1B$3.7B2.415.3
Q1 2025$2.9B$2.7B11.0-12.4
Q2 2025$884.9M$706.2M1.5-5.1
Q3 2025$1.2B$1.2B1.535.1
Q4 2025$2.0B$1.7B1.419.7
Q1 2026$3.7B$3.6B5.5-14.4
Q2 2026$2.6B$2.5B3.9-21.7

Refreshed 5h ago

Research data

Estimates, events and peers

Estimates

6 periods
FY 2026$3.4B+49%13 analysts
FY 2027$4.2B+84%13 analysts
FY 2028$4.9B+118%14 analysts
FY 2029$5.7B+150%7 analysts
FY 2030$6.2B+176%7 analysts
Q1 2029$869.7M+83%4 analysts

Events

Earnings · dividends · splits
2026-08-10EarningsRevenue est. $861.1M
2026-05-06EarningsRevenue est. $614.9M
2026-02-04EarningsRevenue est. $481.2M
2025-11-24EarningsRevenue est. $1.4B
2025-08-11EarningsRevenue est. $1.4B
2025-05-07EarningsRevenue est. $325.3M

Peer comparison

Similar listed perps
NameMarket capP/SP/ENet marginVenues
CLSK$3.4B4.6-6.8-67.7%1OUST$3.5B18.7-56.7-30.1%2VCX$3.6B340.310.3+1864.0%2LUNR$3.1B9.3-21.9-36.8%4AXTI$3.1B32.2-252.4-14.7%10OPEN$3.7B1.0-2.8-35.2%1SMR$2.9B93.5-4.1-2066.5%2SOUN$2.9B16.0-16.0-91.8%1