Q4 25 EPS
$0.13
MISS 43.28%
Est. $0.23
Q4 25 Revenue
$1.04B
MISS 24.93%
Est. $1.39B
vs S&P Since Q4 25
-4.3%
TRAILING MARKET
FLNC +5.4% vs S&P +9.8%
Full Year 2025 Results
FY 25 EPS
$-0.37
MISS 93.11%
Est. $-0.19
FY 25 Revenue
$2.26B
MISS 13.14%
Est. $2.61B
Market Reaction
Did FLNC Beat Earnings? Q4 2025 Results
Fluence Energy delivered a sharply disappointing fiscal fourth quarter, missing on both top and bottom lines as revenue of $1.04 billion fell 15.2% year over year and came in 24.74% below the $1.38 billion consensus estimate, while adjusted earnings … Read more Fluence Energy delivered a sharply disappointing fiscal fourth quarter, missing on both top and bottom lines as revenue of $1.04 billion fell 15.2% year over year and came in 24.74% below the $1.38 billion consensus estimate, while adjusted earnings per share of $0.13 trailed the $0.21 Wall Street forecast by 38.10%. The shortfall was driven in part by U.S. Production delays that pressured revenue recognition, a headwind that weighed on results despite gross margin improvement to 13.7% from 12.8% a year earlier. For the full fiscal year, revenue declined to $2.26 billion from $2.70 billion, and the company swung to a net loss of $68.0 million from net income of $30.37 million in fiscal 2024, as R&D and sales spending climbed aggressively. Still, investors found reasons for optimism: record quarterly order intake of over $1.40 billion pushed backlog to $5.30 billion, and management initiated fiscal 2026 revenue guidance of $3.20 billion to $3.60 billion, roughly 50% growth at the midpoint, with approximately 85% already covered by existing backlog, sending shares up more than 8% following the report.
Key Takeaways
- • Improved GAAP gross profit margin to 13.7% in Q4 and 13.1% for FY2025
- • Record quarterly order intake of over $1.4 billion in Q4
- • Backlog increased to approximately $5.3 billion from $4.5 billion year-over-year
- • Deployed 6.8 GW in FY2025, up 36% from 5.0 GW in FY2024
- • Annual recurring revenue grew to approximately $148.0 million
- • Adjusted EBITDA of $72.2 million in Q4 at top end of guidance range
FLNC YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
“We believe we are well positioned to capitalize on the accelerating demand for energy storage. We achieved $1.4 billion of new orders for the quarter and 13.7% adjusted gross profit margin for the year, both record results for the Company.”
— Julian Nebreda, Q4 2025 Earnings Press Release
FLNC Earnings Trends
FLNC vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
FLNC EPS Trend
Earnings per share: estimate vs actual
FLNC Revenue Trend
Quarterly revenue: estimate vs actual
FLNC Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $-0.18 | $-0.16 | +11.41% | $464.9M | -25.30% |
| Q1 26 MISS | $-0.17 | $-0.34 | -96.65% | $475.2M | +2.13% |
| Q4 25 MISS FY | $0.23 | $0.13 | -43.28% | $1.04B | -24.93% |
| FY Full Year | $-0.19 | $-0.37 | -93.11% | $2.26B | -13.14% |
| Q3 25 MISS | $0.01 | $0.01 | -28.57% | $602.5M | -20.77% |
| Q2 25 MISS | $-0.21 | $-0.24 | -12.83% | $431.6M | +32.69% |