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Side-by-side financial comparison of FRANKLIN ELECTRIC CO INC (FELE) and Fluence Energy, Inc. (FLNC). Click either name above to swap in a different company.

FRANKLIN ELECTRIC CO INC is the larger business by last-quarter revenue ($500.4M vs $475.2M, roughly 1.1× Fluence Energy, Inc.). FRANKLIN ELECTRIC CO INC runs the higher net margin — 6.9% vs -9.5%, a 16.4% gap on every dollar of revenue. On growth, Fluence Energy, Inc. posted the faster year-over-year revenue change (154.4% vs 9.9%). Over the past eight quarters, FRANKLIN ELECTRIC CO INC's revenue compounded faster (-4.0% CAGR vs -12.7%).

Franklin Electric Co., Inc. is a manufacturer and distributor of products and systems focused on the movement and management of water and energy. The company offers pumps, motors, drives, and controls for use in a variety of residential, commercial, agricultural, industrial, and municipal applications. Headquartered in Fort Wayne, Indiana, the company also operates manufacturing facilities in the United States, Germany, Czech Republic, Italy, Turkey, Mexico, Brazil, Australia, South Africa, C...

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;...

FELE vs FLNC — Head-to-Head

Bigger by revenue
FELE
FELE
1.1× larger
FELE
$500.4M
$475.2M
FLNC
Growing faster (revenue YoY)
FLNC
FLNC
+144.5% gap
FLNC
154.4%
9.9%
FELE
Higher net margin
FELE
FELE
16.4% more per $
FELE
6.9%
-9.5%
FLNC
Faster 2-yr revenue CAGR
FELE
FELE
Annualised
FELE
-4.0%
-12.7%
FLNC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FELE
FELE
FLNC
FLNC
Revenue
$500.4M
$475.2M
Net Profit
$34.7M
$-45.1M
Gross Margin
35.0%
4.9%
Operating Margin
9.6%
-14.8%
Net Margin
6.9%
-9.5%
Revenue YoY
9.9%
154.4%
Net Profit YoY
10.6%
-8.7%
EPS (diluted)
$0.77
$-0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FELE
FELE
FLNC
FLNC
Q1 26
$500.4M
Q4 25
$506.9M
$475.2M
Q3 25
$581.7M
$1.0B
Q2 25
$587.4M
$602.5M
Q1 25
$455.2M
$431.6M
Q4 24
$485.7M
$186.8M
Q3 24
$531.4M
$1.2B
Q2 24
$543.3M
$483.3M
Net Profit
FELE
FELE
FLNC
FLNC
Q1 26
$34.7M
Q4 25
$39.3M
$-45.1M
Q3 25
$16.7M
$17.9M
Q2 25
$60.1M
$6.3M
Q1 25
$31.0M
$-31.0M
Q4 24
$33.7M
$-41.5M
Q3 24
$54.6M
$47.8M
Q2 24
$59.1M
$785.0K
Gross Margin
FELE
FELE
FLNC
FLNC
Q1 26
35.0%
Q4 25
33.8%
4.9%
Q3 25
35.9%
13.7%
Q2 25
36.1%
14.8%
Q1 25
36.0%
9.9%
Q4 24
33.8%
11.4%
Q3 24
35.7%
12.8%
Q2 24
36.8%
17.2%
Operating Margin
FELE
FELE
FLNC
FLNC
Q1 26
9.6%
Q4 25
10.2%
-14.8%
Q3 25
14.6%
4.4%
Q2 25
15.0%
1.9%
Q1 25
9.7%
-10.2%
Q4 24
8.9%
-31.4%
Q3 24
13.8%
6.2%
Q2 24
14.6%
1.1%
Net Margin
FELE
FELE
FLNC
FLNC
Q1 26
6.9%
Q4 25
7.7%
-9.5%
Q3 25
2.9%
1.7%
Q2 25
10.2%
1.0%
Q1 25
6.8%
-7.2%
Q4 24
6.9%
-22.2%
Q3 24
10.3%
3.9%
Q2 24
10.9%
0.2%
EPS (diluted)
FELE
FELE
FLNC
FLNC
Q1 26
$0.77
Q4 25
$0.87
$-0.34
Q3 25
$0.37
$0.18
Q2 25
$1.31
$0.01
Q1 25
$0.67
$-0.24
Q4 24
$0.73
$-0.32
Q3 24
$1.17
$0.34
Q2 24
$1.26
$0.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FELE
FELE
FLNC
FLNC
Cash + ST InvestmentsLiquidity on hand
$80.4M
$452.6M
Total DebtLower is stronger
$134.4M
Stockholders' EquityBook value
$1.3B
$388.0M
Total Assets
$2.0B
$2.3B
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FELE
FELE
FLNC
FLNC
Q1 26
$80.4M
Q4 25
$99.7M
$452.6M
Q3 25
$102.9M
$690.8M
Q2 25
$104.6M
$436.3M
Q1 25
$84.0M
$568.6M
Q4 24
$220.5M
$607.4M
Q3 24
$106.3M
$448.7M
Q2 24
$58.1M
$388.2M
Total Debt
FELE
FELE
FLNC
FLNC
Q1 26
$134.4M
Q4 25
$135.2M
Q3 25
$135.2M
Q2 25
$14.5M
Q1 25
$14.9M
Q4 24
$11.6M
Q3 24
$11.6M
Q2 24
$87.2M
Stockholders' Equity
FELE
FELE
FLNC
FLNC
Q1 26
$1.3B
Q4 25
$1.3B
$388.0M
Q3 25
$1.3B
$429.6M
Q2 25
$1.3B
$407.4M
Q1 25
$1.3B
$388.2M
Q4 24
$1.3B
$409.4M
Q3 24
$1.3B
$472.1M
Q2 24
$1.2B
$421.2M
Total Assets
FELE
FELE
FLNC
FLNC
Q1 26
$2.0B
Q4 25
$1.9B
$2.3B
Q3 25
$2.0B
$2.4B
Q2 25
$2.0B
$2.1B
Q1 25
$1.9B
$2.3B
Q4 24
$1.8B
$2.2B
Q3 24
$1.8B
$1.9B
Q2 24
$1.8B
$1.7B
Debt / Equity
FELE
FELE
FLNC
FLNC
Q1 26
0.10×
Q4 25
0.10×
Q3 25
0.10×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
Q3 24
0.01×
Q2 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FELE
FELE
FLNC
FLNC
Operating Cash FlowLast quarter
$-226.8M
Free Cash FlowOCF − Capex
$-232.6M
FCF MarginFCF / Revenue
-48.9%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-179.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FELE
FELE
FLNC
FLNC
Q1 26
Q4 25
$104.2M
$-226.8M
Q3 25
$102.7M
$265.7M
Q2 25
$51.5M
$-153.9M
Q1 25
$-19.5M
$-46.2M
Q4 24
$110.3M
$-211.2M
Q3 24
$116.1M
$10.5M
Q2 24
$36.4M
$-21.1M
Free Cash Flow
FELE
FELE
FLNC
FLNC
Q1 26
Q4 25
$88.7M
$-232.6M
Q3 25
$91.3M
$260.9M
Q2 25
$39.9M
$-157.4M
Q1 25
$-26.3M
$-50.5M
Q4 24
$97.5M
$-213.3M
Q3 24
$106.6M
$7.3M
Q2 24
$26.1M
$-23.5M
FCF Margin
FELE
FELE
FLNC
FLNC
Q1 26
Q4 25
17.5%
-48.9%
Q3 25
15.7%
25.0%
Q2 25
6.8%
-26.1%
Q1 25
-5.8%
-11.7%
Q4 24
20.1%
-114.2%
Q3 24
20.1%
0.6%
Q2 24
4.8%
-4.9%
Capex Intensity
FELE
FELE
FLNC
FLNC
Q1 26
Q4 25
3.1%
1.2%
Q3 25
2.0%
0.5%
Q2 25
2.0%
0.6%
Q1 25
1.5%
1.0%
Q4 24
2.6%
1.1%
Q3 24
1.8%
0.3%
Q2 24
1.9%
0.5%
Cash Conversion
FELE
FELE
FLNC
FLNC
Q1 26
Q4 25
2.65×
Q3 25
6.14×
14.81×
Q2 25
0.86×
-24.61×
Q1 25
-0.63×
Q4 24
3.28×
Q3 24
2.13×
0.22×
Q2 24
0.62×
-26.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FELE
FELE

Segment breakdown not available.

FLNC
FLNC

Products$450.9M95%
Services$22.5M5%
Digital Applications And Solutions$1.9M0%

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