FLNC
Fluence Energy, Inc.21.31
-0.21-0.98%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q1 '26
Data centers detailed, bookings pending
Q&A clarified data center pursuits—36 GWh in discussions, largely outside the $30B pipeline, with no Q1 bookings and conversions eyed for H2 calendar '26—expanding beyond prepared remarks. AESC eyes PFE fix without Fluence ownership, preserving off-take role amid EV-to-storage cell surge. No competitive intensification per management, despite Tesla's margin flags; $20M non-US project costs recoverable. Long-duration now 34 GWh in active leads/pipeline, not prior TAM. Guidance locked in. Data centers tantalize, yet unproven.
Key Stats
Market Cap
3.90BP/E (TTM)
-Basic EPS (TTM)
-0.37Dividend Yield
0%Recent Filings
10-Q
Q1 FY2026 results
Fluence Energy blasted total revenue to $475M in Q1 FY2026 ended December 31, 2025, up 154% y/y from $187M, driven by energy storage products while related-party sales hit $182M. Gross profit edged up 9% y/y to $23M (4.9% margin, down from 11.4%) amid U.S. production cost hikes and contract revisions from delays; operating expenses climbed 15% y/y on headcount and legal fees, yielding a $45M net loss to Fluence (diluted EPS $(0.34), matching basic on 132M shares—no anti-dilution). Cash dropped to $453M with $227M operating outflow; $400M 2030 convertible notes (net $391M) and $378M revolver availability provide buffer. Backlog swelled to $5.5B. Customer concentration risks loom large.
8-K
Q1 revenue triples; backlog peaks
Fluence Energy reported Q1 FY2026 revenue of $475.2 million, up 154.4% year-over-year, yet net loss widened to $62.6 million amid project cost pressures. Backlog hit record $5.5 billion after $750 million order intake; pipeline surged 30% to $30 billion. Guidance reaffirmed: $3.2-3.6 billion revenue, $40-60 million Adjusted EBITDA. Cash burn reflects working capital investments.
10-K
FY2025 results
Fluence Energy ended FY2025 with 6.8 GW deployed, up 36% y/y, and 9.1 GW contracted backlog, up 21%—yet revenue fell 16% to undisclosed levels amid Q4 delays from Arizona manufacturing ramp hiccups and tariff uncertainty. Q4 saw sequential margin gains on Gridstack Pro amid falling lithium costs, but order intake dropped 35% annually as U.S. projects stalled. Liquidity stayed solid at $690M cash with $306M revolver availability; no buybacks or dividends. No FY2026 guidance disclosed. Tariff hikes threaten supply costs.
8-K
FLNC FY25 results, record backlog
8-K
Director resigns cleanly
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