Fluence Energy, Inc. (FLNC) income statement
NASDAQ · Utilities · Renewable Utilities · 1,670 employees · CEO Julian Jose Nebreda Marquez
- Price
- $5.72 -6.08%
- Market cap
- $1.15B
- Enterprise value
- $1.2B
- Last report
- Q3 '26 filed 2026-08-05
- Next report
- 2026-11-23 EPS est. -$0.54
Fluence Energy, Inc. (FLNC) reported revenue of $650M for Q3 '26 (+7.9% year on year), operating income of -$53.5M (-8.2% of revenue) and net income of -$32.8M. Over the last four quarters revenue was $2.63B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $673M | $364M | $623M | $483M | $1.23B | $187M | $432M | $603M | $1.04B | $475M | $465M | $650M | |
| Cost of revenue | $594M | $328M | $559M | $400M | $1.07B | $166M | $389M | $513M | $899M | $452M | $423M | $617M | |
| Gross profit | $79.3M | $36.4M | $64.2M | $83M | $157M | $21.2M | $42.6M | $89.1M | $143M | $23M | $42.4M | $33.2M | |
| Research & development | $14.7M | $15.4M | $17.4M | $15M | $18.4M | $17.2M | $22.1M | $26M | $20.9M | $18.5M | $21.1M | $23.7M | |
| Sales & marketing | $0 | $10.7M | $15.8M | $14.8M | $22.6M | $18.2M | $21.2M | $19.8M | $20.3M | $22M | $23.3M | $25.3M | |
| General & administrative | $0 | $37.7M | $44.1M | $45.1M | $46.1M | $36.7M | $41.4M | $35.6M | $49.3M | $41.8M | $37.2M | $37.7M | |
| Other operating expenses | $0 | $2.48M | $2.48M | $3.62M | $2.84M | $2.82M | $2.94M | $3.63M | $3.96M | $3.75M | -$819K | $0 | |
| Operating expenses | $61.6M | $66.4M | $79.8M | $78.5M | $89.9M | $74.9M | $87.7M | $85.1M | $94.5M | $86.2M | $80.7M | $86.8M | |
| Operating income | $17.7M | -$30M | -$15.6M | $4.57M | $67.6M | -$53.7M | -$45.1M | $4.04M | $48.4M | -$63.1M | -$38.4M | -$53.5M | |
| Interest income | $1.14M | $1.99M | $1.26M | $1.3M | $1.12M | $741K | $0 | $0 | $0 | $0 | $0 | $0 | |
| Interest expense | $0 | $0 | $0 | $0 | $0 | $0 | $391K | $1.08M | $2.7M | $1.37M | $4.13M | $2.92M | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$12.9M | |
| Total non-operating income | -$6.28M | $3.18M | $1.05M | $738K | $7.99M | -$5.01M | $1.16M | $7.44M | -$2.32M | -$7.36M | $10.7M | $10M | |
| Income before tax | $11.4M | -$26.8M | -$14.5M | $5.3M | $75.6M | -$58.7M | -$43.9M | $11.5M | $46.1M | -$70.5M | -$27.7M | -$43.5M | |
| Income tax | $6.61M | -$1.24M | -$1.67M | $4.23M | $7.88M | -$1.72M | -$1.99M | $4.58M | $22M | -$7.89M | $1.54M | $772K | |
| Net income | $3.23M | -$16.7M | -$9.17M | $785K | $47.8M | -$41.5M | -$31M | $6.25M | $17.9M | -$45.1M | -$20.9M | -$32.8M | |
| 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 | |
| Shares (basic, weighted) | 119M | 121M | 127M | 128M | 129M | 129M | 130M | 131M | 131M | 132M | 132M | 138M | |
| Shares (diluted, weighted) | 119M | 121M | 127M | 184M | 184M | 129M | 130M | 184M | 185M | 132M | 132M | 138M | |
| Depreciation & amortization | $2.93M | $2.88M | $3.09M | $4.42M | $4.09M | $4.49M | $6.19M | $8.26M | $10.4M | $8.79M | $10.7M | $11.2M | |
| EBITDA | $20.6M | -$27.1M | -$12.5M | $8.99M | $71.7M | -$49.2M | -$38.9M | $12.3M | $58.8M | -$54.3M | -$27.7M | -$29.4M |
| Income statement | Trend | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $92.2M | $561M | $681M | $1.2B | $2.22B | $2.7B | $2.26B | |
| Cost of revenue | $100M | $553M | $750M | $1.26B | $2.08B | $2.36B | $1.97B | |
| Gross profit | -$7.92M | $7.92M | -$69.1M | -$62.4M | $141M | $341M | $296M | |
| Research & development | $9.87M | $11.5M | $23.4M | $60.1M | $66.3M | $66.2M | $86.2M | |
| Sales & marketing | $15M | $16.2M | $22.6M | $37.2M | $41.1M | $63.8M | $79.5M | |
| General & administrative | $14M | $17.9M | $38.2M | $117M | $136M | $173M | $163M | |
| Other operating expenses | -$46.7M | -$37.8M | $5.11M | $0 | $9.84M | $11.4M | $13.3M | |
| Operating expenses | -$7.92M | $7.92M | $89.3M | $214M | $254M | $314M | $342M | |
| Operating income | -$49.6M | $0 | -$158M | -$276M | -$113M | $26.6M | -$46.3M | |
| Interest income | $0 | $0 | $0 | $0 | $5.39M | $5.68M | $0 | |
| Interest expense | $7K | $128K | $1.44M | $2.02M | $0 | $0 | $4.11M | |
| Other non-operating income (gains on investments, FX ...) | -$1.84M | $40.2M | $270K | $9.39M | $0 | $0 | $0 | |
| Total non-operating income | $1.83M | -$40.3M | -$1.71M | -$11.4M | $12.3M | $13M | $1.27M | |
| Income before tax | -$47.8M | -$40.3M | -$160M | -$288M | -$100M | $39.6M | -$45.1M | |
| Income tax | -$778K | $6.42M | $1.83M | $1.36M | $4.55M | $9.21M | $22.9M | |
| Net income | -$47M | -$46.7M | -$162M | -$104M | -$69.6M | $22.7M | -$48.3M | |
| EPS (basic) | -$0.95 | -$0.94 | -$2.99 | -$0.91 | -$0.60 | $0.18 | -$0.37 | |
| EPS (diluted) | -$0.95 | -$0.94 | -$2.99 | -$0.91 | -$0.60 | $0.12 | -$0.37 | |
| Shares (basic, weighted) | 49.5M | 49.5M | 54.1M | 115M | 116M | 126M | 130M | |
| Shares (diluted, weighted) | 49.5M | 49.5M | 54.1M | 115M | 116M | 184M | 130M | |
| Depreciation & amortization | $2.89M | $3.02M | $5.11M | $7.11M | $10.7M | $14.5M | $29.3M | |
| EBITDA | -$44.9M | -$37.1M | -$154M | -$279M | -$102M | $41.1M | -$17M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-Q 2025-12-31, 10-K 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-Q 2024-12-31, 10-K 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02