Fluence Energy, Inc. (FLNC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Revenue | 464.89M | 475.23M | 1.04B | 602.53M | 431.62M | 186.79M | 1.23B | 483.32M | 623.14M | 363.96M | 672.98M | 536.35M | 698.19M | 310.46M | 441.98M | 239.01M | 342.72M | 174.89M | 188.21M | 278.19M |
| Revenue Growth % | 7.71% | 154.42% | -15.17% | 24.67% | -30.74% | -48.68% | 82.49% | -9.89% | -10.75% | 17.23% | 52.26% | 124.41% | 103.72% | 77.52% | 134.84% | -14.09% | - | - | - | - |
| Cost of Revenue | 418.26M | 452.19M | 898.99M | 513.43M | 389.04M | 165.59M | 1.07B | 400.27M | 558.96M | 327.57M | 596.7M | 514.53M | 667.37M | 298.42M | 431.24M | 244.21M | 357.47M | 228.04M | 247.27M | 293.15M |
| Gross Profit | 46.63M | 23.05M | 142.9M | 89.1M | 42.58M | 21.2M | 157.47M | 83.05M | 64.18M | 36.39M | 79.31M | 21.25M | 30.81M | 12.04M | 10.74M | -5.2M | -14.75M | -53.15M | -59.06M | -14.96M |
| Gross Margin % | 10.03% | 4.85% | 13.72% | 14.79% | 9.87% | 11.35% | 12.82% | 17.18% | 10.3% | 10% | 11.78% | 3.96% | 4.41% | 3.88% | 2.43% | -2.17% | -4.3% | -30.39% | -31.38% | -5.38% |
| Gross Profit Growth % | 9.51% | 8.72% | -9.25% | 7.29% | -33.65% | -41.73% | 98.55% | 290.74% | 108.29% | 202.21% | 638.5% | 508.95% | 308.93% | 122.65% | 118.18% | 65.25% | - | - | - | - |
| Operating Expenses | 81.56M | 86.17M | 94.48M | 85.06M | 87.66M | 74.92M | 89.86M | 78.48M | 79.77M | 66.36M | 61.61M | 58.17M | 30.81M | 12.04M | 10.74M | -5.2M | -14.75M | -53.15M | -59.06M | -14.96M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | -35.7M | -54.33M | 58.84M | 12.29M | -38.89M | -49.23M | 71.7M | 8.99M | -12.5M | -27.09M | 20.17M | -34.65M | -33.92M | -47.18M | -49.67M | -59.06M | -59.52M | -108.17M | -85.98M | -35.76M |
| EBITDA Margin % | -7.68% | -11.43% | 5.65% | 2.04% | -9.01% | -26.36% | 5.84% | 1.86% | -2.01% | -7.44% | 3% | -6.46% | -4.86% | -15.2% | -11.24% | -24.71% | -17.37% | -61.85% | -45.69% | -12.85% |
| EBITDA Growth % | 8.19% | -10.34% | -17.94% | 36.71% | -211.14% | -81.75% | 255.41% | 125.95% | 63.15% | 42.59% | 140.61% | 41.33% | 43.01% | 56.38% | 42.23% | -65.16% | - | - | - | - |
| Depreciation & Amortization | -770K | 8.79M | 10.41M | 8.26M | 6.19M | 4.49M | 4.09M | 4.42M | 3.09M | 2.88M | 2.48M | 2.27M | 2.67M | 2.42M | 2.22M | 1.97M | 1.49M | 1.43M | 1.62M | 1.26M |
| D&A / Revenue % | -0.17% | 1.85% | 1% | 1.37% | 1.43% | 2.4% | 0.33% | 0.92% | 0.5% | 0.79% | 0.37% | 0.42% | 0.38% | 0.78% | 0.5% | 0.83% | 0.44% | 0.82% | 0.86% | 0.45% |
| Operating Income (EBIT) | -34.94M | -63.12M | 48.43M | 4.04M | -45.08M | -53.72M | 67.61M | 4.57M | -15.59M | -29.97M | 17.7M | -36.92M | -36.59M | -49.6M | -51.89M | -61.03M | -61.01M | -109.59M | -87.6M | -37.02M |
| Operating Margin % | -7.51% | -13.28% | 4.65% | 0.67% | -10.44% | -28.76% | 5.51% | 0.94% | -2.5% | -8.23% | 2.63% | -6.88% | -5.24% | -15.98% | -11.74% | -25.53% | -17.8% | -62.67% | -46.54% | -13.31% |
| Operating Income Growth % | 22.51% | -17.5% | -28.38% | -11.63% | -189.2% | -79.23% | 282.02% | 112.37% | 57.39% | 39.58% | 134.11% | 39.51% | 40.03% | 54.74% | 40.76% | -64.85% | - | - | - | - |
| Interest Expense | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80K | 573K | 676K | 682K | 0 | 424K |
| Interest Coverage | -8.45x | - | - | - | - | - | - | - | - | - | - | - | - | - | -678.19x | -106.87x | -88.61x | -161.91x | - | -86.49x |
| Interest / Revenue % | 0.22% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.02% | 0.24% | 0.2% | 0.39% | 0% | 0.15% |
| Non-Operating Income | 1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 738K | 1000K | 1000K | -1000K | 553K | -937K | 1000K | -1000K | -778K | 433K | -1000K | -644K | -75K |
| Pretax Income | -27.7M | -70.48M | 46.11M | 11.47M | -43.92M | -58.73M | 75.6M | 5.3M | -14.54M | -26.79M | 11.42M | -36.36M | -37.52M | -37.81M | -54.34M | -61.81M | -60.58M | -111.1M | -88.24M | -37.1M |
| Pretax Margin % | -5.96% | -14.83% | 4.43% | 1.9% | -10.18% | -31.44% | 6.16% | 1.1% | -2.33% | -7.36% | 1.7% | -6.78% | -5.37% | -12.18% | -12.29% | -25.86% | -17.67% | -63.53% | -46.89% | -13.33% |
| Income Tax | 1.54M | -7.89M | 22.05M | 4.58M | -1.99M | -1.72M | 7.88M | 4.23M | -1.67M | -1.24M | 6.61M | -1.32M | -126K | -614K | 1.85M | -979K | 128K | 358K | -1.04M | 1.68M |
| Effective Tax Rate % | -5.57% | 11.19% | 47.82% | 39.9% | 4.54% | 2.92% | 10.42% | 79.73% | 11.46% | 4.61% | 57.83% | 3.62% | 0.34% | 1.62% | -3.4% | 1.58% | -0.21% | -0.32% | 1.18% | -4.53% |
| Net Income | -20.93M | -45.07M | 17.95M | 6.25M | -31.05M | -41.47M | 47.84M | 785K | -9.17M | -16.74M | 3.27M | -23.39M | -24.86M | -37.19M | -56.19M | -19.35M | -60.7M | -28.8M | -87.2M | -38.78M |
| Net Margin % | -4.5% | -9.48% | 1.72% | 1.04% | -7.19% | -22.2% | 3.9% | 0.16% | -1.47% | -4.6% | 0.49% | -4.36% | -3.56% | -11.98% | -12.71% | -8.09% | -17.71% | -16.47% | -46.33% | -13.94% |
| Net Income Growth % | 32.59% | -8.69% | -62.49% | 696.43% | -238.6% | -147.66% | 1363.98% | 103.36% | 63.11% | 54.98% | 105.82% | -20.9% | 59.06% | -29.12% | 35.57% | 50.11% | - | - | - | - |
| EPS (Diluted) | -0.16 | -0.34 | 0.10 | 0.03 | -0.24 | -0.32 | 0.26 | 0.00 | -0.07 | -0.14 | 0.02 | -0.20 | -0.21 | -0.32 | -0.49 | -0.35 | -1.12 | -0.53 | -1.76 | -0.78 |
| EPS Growth % | 33.33% | -6.25% | -62.65% | - | -231.95% | -128.57% | 1377.27% | 102.15% | 65.57% | 56.25% | 103.59% | 42.86% | 81.25% | 39.62% | 72.16% | 55.13% | - | - | - | - |
| EPS (Basic) | -0.16 | -0.34 | 0.14 | 0.05 | -0.24 | -0.32 | 0.37 | 0.01 | -0.07 | -0.14 | 0.03 | -0.20 | -0.21 | -0.32 | -0.49 | -0.35 | -1.12 | -0.53 | -1.76 | -0.78 |
| Diluted Shares Outstanding | 132.03M | 131.52M | 184.83M | 183.65M | 129.99M | 129.48M | 184.03M | 184.22M | 126.84M | 121.11M | 183.69M | 117.46M | 116.27M | 115.39M | 114.45M | 55.63M | 54.14M | 54.14M | 49.49M | 49.49M |