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Side-by-side financial comparison of Fluence Energy, Inc. (FLNC) and Robinhood Markets, Inc. (HOOD). Click either name above to swap in a different company.

Robinhood Markets, Inc. is the larger business by last-quarter revenue ($927.0M vs $475.2M, roughly 2.0× Fluence Energy, Inc.). Robinhood Markets, Inc. runs the higher net margin — 36.2% vs -9.5%, a 45.7% gap on every dollar of revenue. On growth, Fluence Energy, Inc. posted the faster year-over-year revenue change (154.4% vs -27.7%). Over the past eight quarters, Robinhood Markets, Inc.'s revenue compounded faster (16.6% CAGR vs -12.7%).

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;...

Robinhood Markets, Inc. is an American financial services company based in Menlo Park, California. It provides an electronic trading platform that facilitates trades of stocks, exchange-traded funds, options, index options, futures contracts, event contracts on prediction markets, and cryptocurrency. It also offers cryptocurrency wallets, wealth management, credit cards and other banking services, some in partnership with banks insured by the FDIC, as well as a news website, Sherwood.News.

FLNC vs HOOD — Head-to-Head

Bigger by revenue
HOOD
HOOD
2.0× larger
HOOD
$927.0M
$475.2M
FLNC
Growing faster (revenue YoY)
FLNC
FLNC
+182.2% gap
FLNC
154.4%
-27.7%
HOOD
Higher net margin
HOOD
HOOD
45.7% more per $
HOOD
36.2%
-9.5%
FLNC
Faster 2-yr revenue CAGR
HOOD
HOOD
Annualised
HOOD
16.6%
-12.7%
FLNC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FLNC
FLNC
HOOD
HOOD
Revenue
$475.2M
$927.0M
Net Profit
$-45.1M
$336.0M
Gross Margin
4.9%
Operating Margin
-14.8%
Net Margin
-9.5%
36.2%
Revenue YoY
154.4%
-27.7%
Net Profit YoY
-8.7%
-2.9%
EPS (diluted)
$-0.34
$336.00

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
FLNC
FLNC
HOOD
HOOD
Q1 26
$927.0M
Q4 25
$475.2M
$1.3B
Q3 25
$1.0B
$1.3B
Q2 25
$602.5M
$989.0M
Q1 25
$431.6M
$927.0M
Q4 24
$186.8M
$1.0B
Q3 24
$1.2B
$637.0M
Q2 24
$483.3M
$682.0M
Net Profit
FLNC
FLNC
HOOD
HOOD
Q1 26
$336.0M
Q4 25
$-45.1M
$605.0M
Q3 25
$17.9M
$556.0M
Q2 25
$6.3M
$386.0M
Q1 25
$-31.0M
$336.0M
Q4 24
$-41.5M
$916.0M
Q3 24
$47.8M
$150.0M
Q2 24
$785.0K
$188.0M
Gross Margin
FLNC
FLNC
HOOD
HOOD
Q1 26
Q4 25
4.9%
Q3 25
13.7%
Q2 25
14.8%
Q1 25
9.9%
Q4 24
11.4%
Q3 24
12.8%
Q2 24
17.2%
Operating Margin
FLNC
FLNC
HOOD
HOOD
Q1 26
Q4 25
-14.8%
51.5%
Q3 25
4.4%
49.8%
Q2 25
1.9%
44.7%
Q1 25
-10.2%
40.0%
Q4 24
-31.4%
55.0%
Q3 24
6.2%
24.0%
Q2 24
1.1%
28.0%
Net Margin
FLNC
FLNC
HOOD
HOOD
Q1 26
36.2%
Q4 25
-9.5%
47.2%
Q3 25
1.7%
43.6%
Q2 25
1.0%
39.0%
Q1 25
-7.2%
36.2%
Q4 24
-22.2%
90.3%
Q3 24
3.9%
23.5%
Q2 24
0.2%
27.6%
EPS (diluted)
FLNC
FLNC
HOOD
HOOD
Q1 26
$336.00
Q4 25
$-0.34
$0.65
Q3 25
$0.18
$0.61
Q2 25
$0.01
$0.42
Q1 25
$-0.24
$0.37
Q4 24
$-0.32
$1.00
Q3 24
$0.34
$0.17
Q2 24
$0.00
$0.21

Balance Sheet & Financial Strength

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

Metric
FLNC
FLNC
HOOD
HOOD
Cash + ST InvestmentsLiquidity on hand
$452.6M
$4.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$388.0M
$9.2B
Total Assets
$2.3B
$38.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLNC
FLNC
HOOD
HOOD
Q1 26
$4.3B
Q4 25
$452.6M
$4.3B
Q3 25
$690.8M
$4.3B
Q2 25
$436.3M
$4.2B
Q1 25
$568.6M
$4.4B
Q4 24
$607.4M
$4.3B
Q3 24
$448.7M
$4.6B
Q2 24
$388.2M
$4.5B
Stockholders' Equity
FLNC
FLNC
HOOD
HOOD
Q1 26
$9.2B
Q4 25
$388.0M
$9.2B
Q3 25
$429.6M
$8.6B
Q2 25
$407.4M
$8.1B
Q1 25
$388.2M
$8.0B
Q4 24
$409.4M
$8.0B
Q3 24
$472.1M
$7.2B
Q2 24
$421.2M
$7.1B
Total Assets
FLNC
FLNC
HOOD
HOOD
Q1 26
$38.1B
Q4 25
$2.3B
$38.1B
Q3 25
$2.4B
$41.5B
Q2 25
$2.1B
$35.3B
Q1 25
$2.3B
$27.5B
Q4 24
$2.2B
$26.2B
Q3 24
$1.9B
$43.2B
Q2 24
$1.7B
$41.3B

Cash Flow & Capital Efficiency

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

Metric
FLNC
FLNC
HOOD
HOOD
Operating Cash FlowLast quarter
$-226.8M
$642.0M
Free Cash FlowOCF − Capex
$-232.6M
FCF MarginFCF / Revenue
-48.9%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
1.91×
TTM Free Cash FlowTrailing 4 quarters
$-179.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLNC
FLNC
HOOD
HOOD
Q1 26
$642.0M
Q4 25
$-226.8M
$-937.0M
Q3 25
$265.7M
$-1.6B
Q2 25
$-153.9M
$3.5B
Q1 25
$-46.2M
$642.0M
Q4 24
$-211.2M
$-1.4B
Q3 24
$10.5M
$1.8B
Q2 24
$-21.1M
$54.0M
Free Cash Flow
FLNC
FLNC
HOOD
HOOD
Q1 26
Q4 25
$-232.6M
Q3 25
$260.9M
Q2 25
$-157.4M
Q1 25
$-50.5M
Q4 24
$-213.3M
Q3 24
$7.3M
Q2 24
$-23.5M
FCF Margin
FLNC
FLNC
HOOD
HOOD
Q1 26
Q4 25
-48.9%
Q3 25
25.0%
Q2 25
-26.1%
Q1 25
-11.7%
Q4 24
-114.2%
Q3 24
0.6%
Q2 24
-4.9%
Capex Intensity
FLNC
FLNC
HOOD
HOOD
Q1 26
Q4 25
1.2%
Q3 25
0.5%
Q2 25
0.6%
Q1 25
1.0%
Q4 24
1.1%
Q3 24
0.3%
Q2 24
0.5%
Cash Conversion
FLNC
FLNC
HOOD
HOOD
Q1 26
1.91×
Q4 25
-1.55×
Q3 25
14.81×
-2.83×
Q2 25
-24.61×
9.09×
Q1 25
1.91×
Q4 24
-1.53×
Q3 24
0.22×
12.08×
Q2 24
-26.87×
0.29×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLNC
FLNC

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

HOOD
HOOD

Transaction-based revenues$583.0M63%
Other$290.0M31%
Other revenues$54.0M6%

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