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;...
Revenue
$1.0B
Gross Profit
$142.9M
Operating Profit
$46.1M
Net Profit
$17.9M
Gross Margin
13.7%
Operating Margin
4.4%
Net Margin
1.7%
YoY Growth
-15.2%
EPS
$0.18
Financial Flow
Fluence Energy, Inc. Q4 2025 Financial Summary
Fluence Energy, Inc. reported revenue of $1.0B (down 15.2% YoY) for Q4 2025, with a net profit of $17.9M (down 62.5% YoY) (1.7% margin). Cost of goods sold was $899.0M, operating expenses totaled $96.8M.
Key Financial Metrics
| Total Revenue | $1.0B |
|---|---|
| Net Profit | $17.9M |
| Gross Margin | 13.7% |
| Operating Margin | 4.4% |
| Report Period | Q4 2025 |
Revenue Breakdown
Fluence Energy, Inc. Q4 2025 revenue of $1.0B breaks down across 2 segments, led by Products at $1.0B (98.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $1.0B | 98.0% |
| Services | $19.0M | 1.8% |
Fluence Energy, Inc. Revenue by Segment — Quarterly Trend
Fluence Energy, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Services) has evolved quarter over quarter.
| Segment | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|
| Products | $450.9M | $1.0B | — | $397.3M |
| Services | $22.5M | $19.0M | — | $32.9M |
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 |
Fluence Energy, Inc. Quarterly Revenue & Net Profit History
Fluence Energy, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 2026 | $475.2M | +154.4% | $-45.1M | -9.5% |
| Q4 2025 | $1.0B | -15.2% | $17.9M | 1.7% |
| Q3 2025 | $602.5M | +24.7% | $6.3M | 1.0% |
| Q2 2025 | $431.6M | -30.7% | $-31.0M | -7.2% |
| Q1 2025 | $186.8M | -48.7% | $-41.5M | -22.2% |
| Q4 2024 | $1.2B | +82.5% | $47.8M | 3.9% |
| Q3 2024 | $483.3M | -9.9% | $785.0K | 0.2% |
| Q2 2024 | $623.1M | -10.7% | $-9.2M | -1.5% |
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 |