Fluence Energy, Inc.FLNCEarnings & Financial Report
Progress Energy was a power generation and distribution company. Prior to its merger with Duke Energy, it was a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. Headquartered in Raleigh, North Carolina, Progress Energy includes two major electric utilities that serve approximately 3.1 million customers in the Carolinas and Florida. As an independent company, the last chairman and CEO of Progress Energy was William D. Johnson;...
FLNC Q1 2026 Key Financial Metrics
Revenue
$475.2M
Gross Profit
$23.0M
Operating Profit
$-70.5M
Net Profit
$-45.1M
Gross Margin
4.9%
Operating Margin
-14.8%
Net Margin
-9.5%
YoY Growth
154.4%
EPS
$-0.34
Financial Flow
Fluence Energy, Inc. Q1 2026 Financial Summary
Fluence Energy, Inc. reported revenue of $475.2M for Q1 2026, with a net profit of $-45.1M (-9.5% margin). Cost of goods sold was $452.2M, operating expenses totaled $93.5M.
Key Financial Metrics
| Total Revenue | $475.2M |
|---|---|
| Net Profit | $-45.1M |
| Gross Margin | 4.9% |
| Operating Margin | -14.8% |
| Report Period | Q1 2026 |
Fluence Energy, Inc. Annual Revenue by Year
Fluence Energy, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.3B |
| 2024 | $2.7B |
| 2023 | $2.2B |
| 2022 | $1.2B |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $623.1M | $483.3M | $1.23B | $186.8M | $431.6M | $602.5M | $1.04B | $475.2M |
| YoY Growth | -10.7% | -9.9% | 82.5% | -48.7% | -30.7% | 24.7% | -15.2% | 154.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.53B | $1.69B | $1.90B | $2.21B | $2.27B | $2.08B | $2.36B | $2.27B |
| Liabilities | $998.1M | $1.15B | $1.30B | $1.68B | $1.77B | $1.55B | $1.81B | $1.78B |
| Equity | $413.1M | $421.2M | $472.1M | $409.4M | $388.2M | $407.4M | $429.6M | $388.0M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $70.9M | $-21.1M | $10.5M | $-211.2M | $-46.2M | $-153.9M | $265.7M | $-226.8M |
