Fluence Energy, Inc.
Financial highlights
| Metric | FY 09/30/25 | FY 09/30/24 | FY 09/30/23 | FY 09/30/22 | FY 09/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.3B | $2.7B | $2.2B | $1.2B | $680.8M |
| Cost of revenue | $2.0B | $2.4B | $2.1B | $1.3B | $749.9M |
| Gross profit | $295.8M | $341.1M | $141.0M | -$62.4M | -$69.1M |
| Research and development | $86.2M | $66.2M | $66.3M | $60.1M | $23.4M |
| Interest expense | — | — | — | $2.0M | $1.4M |
| Pretax income | -$45.1M | $39.6M | -$100.3M | -$287.8M | -$160.2M |
| Income tax expense | $22.9M | $9.2M | $4.5M | $1.4M | $1.8M |
| Net income | -$48.3M | $22.7M | -$69.6M | -$104.5M | -$162.0M |
| Balance Sheet | |||||
| Cash and equivalents | $690.8M | $448.7M | $345.9M | $357.3M | $36.8M |
| Current assets | $2.1B | $1.7B | $1.2B | $1.6B | $661.5M |
| Total assets | $2.4B | $1.9B | $1.4B | $1.7B | $717.7M |
| Current liabilities | $1.4B | $1.3B | $745.7M | $1.1B | $771.5M |
| Total liabilities | $1.8B | $1.3B | $795.8M | $1.1B | $773.9M |
| Stockholders' equity | $429.6M | $472.1M | $402.3M | $435.8M | — |
| Cash Flow Statement | |||||
| Cash from operations | -$145.5M | $79.7M | -$111.9M | -$282.4M | -$265.3M |
| Depreciation and amortization | $29.3M | $14.5M | $10.7M | $7.1M | $5.1M |
| Stock-based compensation | $19.5M | $23.9M | $26.9M | $44.1M | $0 |
| Capital expenditure | $14.9M | $8.1M | $3.0M | $7.9M | $4.3M |
| Free cash flow | -$160.4M | $71.6M | -$114.9M | -$290.3M | -$269.6M |
| Share repurchases | — | — | $2.8M | $5.0M | $0 |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 184.3M · Free float 11.4%
Annual filing data through FY ended September 30, 2025; float as of July 16, 2026.