Companies /Utilities
Fluence Energy Inc - Class A
NASDAQ: FLNC Utilities - Renewable
$5.93
▲ $0.07 (+1.19%) today
Markets closed · 8:45pm ET

Fluence Energy (FLNC) Q4 2025 Earnings

Reported Nov 24, 2025, 4:12pm ET · SEC source
$0.13
Miss −43.28%
EPS · est. $0.23
$1.0B
Miss −24.93%
Revenue · est. $1.4B
+24.7%
Beating market
FLNC vs S&P since report
1 quarter
Consecutive EPS misses

How Did FLNC Stock React to Q4 2025 Earnings?

% change · around the report
−10%−5%0+5%Nov 24Nov 25report 4:12pm ETearnings+1.0%−2.3%
−10%−5%0+5%Nov 24Nov 25earnings+1.0%−2.3%
FLNC −2.3%S&P 500 +1.0%
−12%−6%0+6%Nov 24Nov 25report 4:12pm ETearnings+0.6%−2.3%
−12%−6%0+6%Nov 24Nov 25earnings+0.6%−2.3%
FLNC −2.3%NASDAQ +0.6%
−16%−8%0+8%Nov 24Dec 2report 4:12pm ETearnings+1.9%+11.3%
−16%−8%0+8%Nov 24Dec 2earnings+1.9%+11.3%
FLNC +11.3%S&P 500 +1.9%
−16%−8%0+8%Nov 24Dec 2report 4:12pm ETearnings+2.7%+11.3%
−16%−8%0+8%Nov 24Dec 2earnings+2.7%+11.3%
FLNC +11.3%NASDAQ +2.7%
+2.60%
Day of report
+6.14%
Next session
+26.33%
One week
+27.91%
30 days

S&P 500 over the same 30 days: +3.23%.

Did FLNC Beat Earnings? Q4 2025 Results

No. Fluence Energy reported Q4 2025 earnings of $0.13 a share on Nov 24, 2025, missing the $0.23 consensus estimate by 43.3%. Revenue was $1.0B against a $1.4B estimate.

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

“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.”

Fluence Energy CEO, on the earnings call

What Was Fluence Energy's Outlook in Q4 2025?

Fluence initiated fiscal year 2026 guidance with revenue of approximately $3.2 billion to $3.6 billion (midpoint $3.4 billion), representing approximately 50% revenue growth. Approximately 85% of the midpoint revenue guidance is covered by backlog as of September 30, 2025. Adjusted EBITDA is expected to be $40.0 million to $60.0 million (midpoint $50.0 million). Annual recurring revenue is expected to reach approximately $180.0 million by the end of fiscal year 2026.

FLNC YoY Financials

Q4 2025 vs Q4 2024 · SEC filings Q4 2024 Q4 2025
$0$400.0M$800.0M$1.2B$1.2B$1.0BRevenue$157.5M$142.9MGross Profit$47.8M$24.1MNet Income
$0$400.0M$800.0M$1.2BRevenueGross ProfitNet Income
FLNC income statement, Q4 2025 versus Q4 2024
Metric Q4 2025 Q4 2024 Year over year
Revenue $1.0B $1.2B −15.2%
Gross Profit $142.9M $157.5M −9.3%
Net Income $24.1M $47.8M −49.7%

Figures from SEC filings and company reports. Not investment advice.