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DC Infra·FLNC
Fluence Energy, Inc.
NASDAQ · US
Grid-scale energy storage and digital applications supplier for utility, commercial, and industrial power systems.
AI relevance
Battery storage and grid flexibility exposure for data center power reliability and capacity.
Price
$24.80
Change
+1.38 (+5.89%)
Market cap
$4.6B
52w range
$5–$34
Exchange
NASDAQ
Country
US
Jason's Chips
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Price chart
FLNC market performance
Daily close for Fluence Energy, Inc.
- Latest close
- $24.80
- Range move
- +$19.23 (+345.2%)
- Range high
- $32.23
- Range low
- $5.57
- Latest volume
- 10.0M
- Source
- FMP EOD
Downloads
CSVExports
Download statements, ratios, chart data, and transcript indexes.
Income statement
7 annual rowsRevenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.
Balance sheet
7 annual rowsCash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.
Cash flow
7 annual rowsOperating cash flow, capital expenditures, and free cash flow.
Key metrics
7 annual rowsEnterprise value, valuation multiples, returns, yields, and cash conversion.
Ratios
7 annual rowsMargins, liquidity ratios, valuation ratios, leverage, and per-share metrics.
Chart data
1164 rowsFive years of daily close and volume data powering the company chart.
Transcript list
18 rowsAvailable earnings-call transcript dates by fiscal year and quarter.
StreetHold
Analyst expectations
Rating consensus27 ratings
Strong buy
0
Buy
10
Hold
15
Sell
2
Strong sell
0
Annual estimates
| Period | Revenue avg | Revenue range | EPS avg | EPS range | EBITDA avg | EBIT avg | Net income avg | SG&A avg | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| 2026-09-30 | $3.36B | $3.21B - $3.45B | $-0.12 | $-0.19 - $-0.06 | -$332.0M | -$356.5M | -$15.0M | $330.7M | 13 rev / 5 EPS |
| 2027-09-30 | $4.16B | $3.83B - $4.42B | $0.22 | $0.13 - $0.31 | -$411.4M | -$441.8M | $28.3M | $409.8M | 13 rev / 5 EPS |
| 2028-09-30 | $4.93B | $4.93B - $4.93B | $0.43 | $0.05 - $1.02 | -$487.9M | -$523.9M | $124.0M | $486.0M | 14 rev / 7 EPS |
| 2029-09-30 | $5.66B | $5.05B - $6.03B | $1.00 | $0.86 - $1.08 | -$559.7M | -$601.1M | $130.3M | $557.5M | 7 rev / 2 EPS |
| 2030-09-30 | $6.24B | $5.57B - $6.64B | $1.27 | $1.09 - $1.38 | -$617.1M | -$662.8M | $165.5M | $614.8M | 7 rev / 5 EPS |
Quarterly estimates
| Period | Revenue avg | Revenue range | EPS avg | EPS range | EBITDA avg | EBIT avg | Net income avg | SG&A avg | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $857.7M | $659.0M - $1.21B | $0.01 | $-0.04 - $0.08 | -$84.8M | -$91.1M | $1.9M | $84.5M | 8 rev / 3 EPS |
| 2026-09-30 | $1.55B | $1.27B - $1.71B | $0.36 | $0.14 - $0.75 | -$153.0M | -$164.3M | $48.1M | $152.4M | 8 rev / 3 EPS |
| 2026-12-31 | $575.3M | $467.9M - $676.9M | $-0.21 | $-0.26 - $-0.16 | -$56.9M | -$61.1M | -$28.3M | $56.7M | 7 rev / 1 EPS |
| 2027-03-31 | $638.7M | $519.5M - $751.6M | $-0.16 | $-0.20 - $-0.12 | -$63.2M | -$67.8M | -$21.7M | $62.9M | 4 rev / 1 EPS |
| 2027-06-30 | $1.07B | $867.3M - $1.25B | $0.11 | $0.08 - $0.14 | -$105.5M | -$113.3M | $14.7M | $105.1M | 6 rev / 1 EPS |
| 2027-09-30 | $1.84B | $1.50B - $2.17B | $0.51 | $0.39 - $0.63 | -$182.0M | -$195.5M | $67.7M | $181.3M | 4 rev / 1 EPS |
| 2027-12-31 | $678.3M | $551.7M - $798.2M | $-0.17 | $-0.21 - $-0.13 | -$67.1M | -$72.1M | -$22.9M | $66.8M | 7 rev / 1 EPS |
| 2028-03-31 | $800.7M | $651.2M - $942.2M | $-0.14 | $-0.17 - $-0.10 | -$79.2M | -$85.0M | -$18.1M | $78.9M | 3 rev / 1 EPS |
Price target history
| Window | Targets | Average target |
|---|---|---|
| Last month | 0 | $0.00 |
| Last quarter | 9 | $18.78 |
| Last year | 37 | $17.70 |
| All time | 66 | $19.65 |
Sources: TheFly, StreetInsider, Benzinga, Pulse 2.0
Latest grade actions
| Date | Firm | Action | Previous | New |
|---|---|---|---|---|
| 2026-05-13 | Citigroup | Maintain | Neutral | Neutral |
| 2026-05-11 | RBC Capital | Maintain | Sector Perform | Sector Perform |
| 2026-05-11 | UBS | Maintain | Sell | Sell |
| 2026-05-08 | JP Morgan | Maintain | Neutral | Neutral |
| 2026-05-08 | Susquehanna | Maintain | Positive | Positive |
| 2026-05-08 | HSBC | Upgrade | Reduce | Hold |
| 2026-04-21 | Citigroup | Maintain | Neutral | Neutral |
| 2026-04-17 | UBS | Downgrade | Neutral | Sell |
Historical rating snapshots
| Date | Strong buy | Buy | Hold | Sell | Strong sell |
|---|---|---|---|---|---|
| 2026-06-01 | 0 | 5 | 12 | 2 | 1 |
| 2026-05-01 | 0 | 5 | 12 | 3 | 1 |
| 2026-04-01 | 0 | 4 | 14 | 3 | 1 |
| 2026-03-01 | 0 | 4 | 14 | 3 | 1 |
| 2026-02-01 | 0 | 4 | 13 | 3 | 1 |
| 2026-01-01 | 0 | 3 | 14 | 3 | 1 |
| 2025-12-01 | 0 | 4 | 14 | 3 | 1 |
| 2025-11-01 | 0 | 4 | 14 | 3 | 1 |
FinancialsFY 2025
Financials
Income statement annual
| Period | Revenue | Gross profit | Gross margin | R&D | Operating income | EBITDA | Net income | EPS |
|---|---|---|---|---|---|---|---|---|
| FY 2025 | $2.26B | $295.8M | 13.1% | $86.2M | -$46.3M | -$17.0M | -$48.3M | $-0.37 |
| FY 2024 | $2.70B | $341.1M | 12.6% | $66.2M | $26.6M | $41.1M | $22.7M | $0.18 |
| FY 2023 | $2.22B | $141.0M | 6.4% | $66.3M | -$112.6M | -$101.9M | -$69.6M | $-0.60 |
| FY 2022 | $1.20B | -$62.4M | -5.2% | $60.1M | -$283.5M | -$276.4M | -$289.2M | $-4.15 |
| FY 2021 | $680.8M | -$69.1M | -10.2% | $23.4M | -$158.5M | -$153.6M | -$162.0M | $-2.99 |
| FY 2020 | $561.3M | $7.9M | 1.4% | $11.5M | $0 | -$37.1M | -$46.7M | $-0.94 |
| FY 2019 | $92.2M | -$7.9M | -8.6% | $9.9M | -$49.6M | -$44.9M | -$47.0M | $-0.95 |
Cash flow annual
| Period | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|
| FY 2025 | -$145.5M | $14.9M | -$175.3M |
| FY 2024 | $79.7M | $8.1M | $60.7M |
| FY 2023 | -$111.9M | $3.0M | -$124.2M |
| FY 2022 | -$282.4M | $7.9M | -$290.3M |
| FY 2021 | -$265.3M | $4.3M | -$269.6M |
| FY 2020 | -$14.0M | $1.8M | -$15.8M |
| FY 2019 | $27.7M | $2.7M | $24.9M |
Balance sheet annual
| Period | Cash + ST inv. | Receivables | Inventory | PP&E | Assets | Debt | Net debt | Liabilities | Equity |
|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | $690.8M | $736.9M | $455.0M | $50.3M | $2.36B | $390.8M | -$300.0M | $1.81B | $429.6M |
| FY 2024 | $448.7M | $780.1M | $182.6M | $15.3M | $1.90B | $30.4M | -$418.3M | $1.30B | $472.1M |
| FY 2023 | $345.9M | $374.4M | $224.9M | $12.8M | $1.35B | $50.6M | -$295.3M | $795.8M | $402.3M |
| FY 2022 | $467.7M | $357.3M | $652.7M | $13.8M | $1.75B | $2.7M | -$354.6M | $1.12B | $435.8M |
| FY 2021 | $36.8M | $206.1M | $389.8M | $8.2M | $717.7M | $100.0M | $63.2M | $773.9M | -$56.2M |
| FY 2020 | $93.8M | $186.8M | $37.3M | $5.2M | $364.0M | $0 | -$93.8M | $381.3M | $0 |
| FY 2019 | $104.1M | $24.8M | $10.7M | $4.0M | $188.8M | $0 | -$84.1M | $163.3M | $0 |
Annual ratios and key metrics
| Period | Gross margin | Op margin | Net margin | Current | Quick | ROE | ROIC | EV / sales | EV / EBITDA | FCF yield | R&D / rev. | Cash cycle |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | 13.1% | -2.0% | -2.1% | 1.5x | 1.2x | -11.2% | -4.7% | 0.7x | -98.6x | -12.5% | 3.8% | 144d |
| FY 2024 | 12.6% | 1.0% | 0.8% | 1.3x | 1.2x | 4.8% | 3.0% | 1.3x | 87.7x | 2.1% | 2.5% | 66d |
| FY 2023 | 6.4% | -5.1% | -3.1% | 1.6x | 1.3x | -17.3% | -17.9% | 1.6x | -34.0x | -4.6% | 3.0% | 90d |
| FY 2022 | -5.2% | -23.7% | -24.1% | 1.4x | 0.9x | -66.4% | -44.4% | 0.9x | -3.9x | -28.5% | 5.0% | 209d |
| FY 2021 | -10.2% | -23.3% | -23.8% | 0.9x | 0.4x | 288.3% | -343.1% | 4.0x | -17.7x | -14.2% | 3.4% | 223d |
| FY 2020 | 1.4% | 0.0% | -8.3% | 0.9x | 0.8x | 0.0% | 0.0% | 4.2x | -62.9x | -0.9% | 2.1% | 95d |
| FY 2019 | -8.6% | -53.8% | -51.0% | 0.9x | 0.9x | 0.0% | -173.7% | 25.5x | -52.3x | 1.4% | 10.7% | 82d |
Annual growth
| Period | Revenue | Gross profit | R&D | Op income | Net income | EPS | FCF | Capex | Cash + ST inv. | Inventory | Assets | Debt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | -16.1% | -13.3% | +30.2% | -274.1% | -312.7% | -305.6% | -388.8% | -57.0% | +54.0% | +149.2% | +23.9% | +1187.2% |
| FY 2024 | +21.7% | +142.0% | -0.2% | +123.6% | +132.6% | +130.0% | +148.9% | -55.2% | +29.7% | -18.8% | +40.7% | -40.0% |
| FY 2023 | +85.0% | +326.1% | +10.3% | +60.3% | +75.9% | +85.5% | +57.2% | -54.1% | -26.0% | -65.5% | -22.5% | +1743.3% |
| FY 2022 | +76.1% | +9.8% | +156.7% | -78.9% | -78.5% | -38.8% | -7.7% | -84.9% | +1169.8% | +67.5% | +143.2% | -97.3% |
| FY 2021 | +21.3% | -972.7% | +103.1% | 0.0% | -246.8% | -218.1% | -1606.5% | -141.1% | -60.7% | +944.7% | +97.1% | 0.0% |
| FY 2020 | +509.1% | +200.1% | +16.9% | +100.0% | +0.6% | +1.1% | -163.3% | +34.9% | -9.9% | +249.2% | +92.8% | 0.0% |
| FY 2019 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
SegmentsFY 2025
Revenue Mix
Latest product mixFY 2025 · $2.26B
Product$2.17B · 96.3%
Service$84.4M · 3.7%
Latest geography mixFY 2025 · $3.14B
Americas$1.31B · 41.6%
UNITED STATES$877.3M · 27.9%
EMEA$608.3M · 19.4%
Asia Pacific$348.6M · 11.1%
Product revenue annual
| Period | Total | Product | Service | Service, Other | Product and Service, Other |
|---|---|---|---|---|---|
| FY 2025 | $2.26B | $2.17B | $84.4M | -- | -- |
| FY 2024 | $2.69B | $2.65B | $45.4M | -- | -- |
| FY 2023 | $2.21B | $2.20B | $16.0M | -- | -- |
| FY 2022 | $1.20B | $1.18B | -- | $15.9M | $126,000 |
Geography revenue annual
| Period | Total | Americas | EMEA | Asia Pacific | UNITED STATES |
|---|---|---|---|---|---|
| FY 2025 | $3.14B | $1.31B | $608.3M | $348.6M | $877.3M |
| FY 2024 | $2.70B | $1.59B | $526.3M | $579.3M | -- |
| FY 2023 | $2.22B | $1.65B | $306.8M | $266.1M | -- |
| FY 2022 | $1.20B | $837.9M | $182.4M | $178.2M | -- |
Transcripts18 on file
Transcripts
Events
Events
Next earnings
2026-08-10EPS est $0.03
Latest news
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