Fluence Energy (FLNC) Q4 2025 Earnings
How Did FLNC Stock React to Q4 2025 Earnings?
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.
- 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
| 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.