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Fluence Energy (FLNC) Financials

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$4.80 +0.02 (+0.31%)
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Annual Income Statements for Fluence Energy

Annual Income Statements for Fluence Energy

This table shows Fluence Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 9/30/2024 9/30/2023 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
23 -70 -104
Consolidated Net Income / (Loss)
30 -105 -289
Net Income / (Loss) Continuing Operations
30 -105 -289
Total Pre-Tax Income
40 -100 -288
Total Operating Income
27 -113 -284
Total Gross Profit
341 141 -62
Total Revenue
2,699 2,218 1,199
Operating Revenue
2,699 2,218 1,199
Total Cost of Revenue
2,357 2,077 1,261
Operating Cost of Revenue
2,357 2,077 1,261
Total Operating Expenses
314 254 221
Selling, General & Admin Expense
173 136 117
Marketing Expense
64 41 37
Research & Development Expense
66 66 60
Depreciation Expense
11 9.84 7.11
Total Other Income / (Expense), net
13 12 -4.30
Interest Expense
-5.68 -5.39 -0.33
Other Income / (Expense), net
7.28 6.95 -4.63
Income Tax Expense
9.21 4.55 1.36
Net Income / (Loss) Attributable to Noncontrolling Interest
7.65 -35 -185
Basic Earnings per Share
$0.18 ($0.60) ($1.50)
Weighted Average Basic Shares Outstanding
126.18M 116.45M 69.71M
Diluted Earnings per Share
$0.13 ($0.60) ($1.50)
Weighted Average Diluted Shares Outstanding
184.03M 116.45M 69.71M
Weighted Average Basic & Diluted Shares Outstanding
181.12M 177.89M 174.45M

Quarterly Income Statements for Fluence Energy

This table shows Fluence Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
-31 -41 48 0.79 -9.17 -17 3.27 -23 -25 -25 -37
Consolidated Net Income / (Loss)
-42 -57 68 1.08 -13 -26 4.82 -35 -37 -37 -56
Net Income / (Loss) Continuing Operations
-42 -57 68 1.08 -13 -26 4.82 -35 -37 -37 -56
Total Pre-Tax Income
-44 -59 76 5.30 -15 -27 11 -36 -38 -38 -54
Total Operating Income
-45 -54 68 4.57 -16 -30 12 -39 -37 -50 -52
Total Gross Profit
43 21 157 83 64 36 76 22 31 12 11
Total Revenue
432 187 1,228 483 623 364 673 536 698 310 442
Operating Revenue
432 187 1,228 483 623 364 673 536 698 310 442
Total Cost of Revenue
389 166 1,071 400 559 328 597 515 667 298 431
Operating Cost of Revenue
389 166 1,071 400 559 328 597 515 667 298 431
Total Operating Expenses
88 75 90 78 80 66 64 60 67 62 63
Selling, General & Admin Expense
41 37 46 45 44 38 35 38 32 31 33
Marketing Expense
21 18 23 15 16 11 12 10 10 8.79 9.56
Research & Development Expense
22 17 18 15 17 15 15 9.92 23 19 18
Depreciation Expense
2.94 2.82 2.84 3.62 2.48 2.48 2.48 2.27 2.67 2.42 2.22
Total Other Income / (Expense), net
1.16 -5.01 7.99 0.74 1.05 3.18 -0.77 2.25 -0.94 12 -2.45
Interest Expense
0.39 -0.74 -1.12 -1.30 -1.26 -1.99 -1.14 -1.52 -2.08 -0.66 -2.26
Other Income / (Expense), net
1.55 -5.75 6.87 -0.56 -0.22 1.19 -1.91 0.73 -3.01 11 -4.70
Income Tax Expense
-1.99 -1.72 7.88 4.23 -1.67 -1.24 6.61 -1.32 -0.13 -0.61 1.85
Net Income / (Loss) Attributable to Noncontrolling Interest
-11 -16 20 0.29 -3.71 -8.81 1.55 -12 -13 -13 -19
Basic Earnings per Share
($0.24) ($0.32) $0.38 $0.01 ($0.07) ($0.14) $0.02 ($0.20) ($0.21) ($0.21) ($0.27)
Weighted Average Basic Shares Outstanding
129.99M 129.48M 126.18M 127.91M 126.84M 121.11M 116.45M 117.46M 116.27M 115.39M 69.71M
Diluted Earnings per Share
($0.24) ($0.32) $0.34 $0.00 ($0.07) ($0.14) $0.02 ($0.20) ($0.21) ($0.21) ($0.27)
Weighted Average Diluted Shares Outstanding
129.99M 129.48M 184.03M 184.22M 126.84M 121.11M 116.45M 117.46M 116.27M 115.39M 69.71M
Weighted Average Basic & Diluted Shares Outstanding
182.22M 181.55M 181.12M 180.49M 179.40M 178.63M 177.89M 177.09M 175.52M 174.77M 174.45M

Annual Cash Flow Statements for Fluence Energy

This table details how cash moves in and out of Fluence Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 9/30/2024 9/30/2023 9/30/2022
Net Change in Cash & Equivalents
56 33 392
Net Cash From Operating Activities
80 -112 -282
Net Cash From Continuing Operating Activities
80 -112 -282
Net Income / (Loss) Continuing Operations
30 -105 -289
Consolidated Net Income / (Loss)
30 -105 -289
Depreciation Expense
14 11 7.11
Amortization Expense
3.09 0.91 0.78
Non-Cash Adjustments To Reconcile Net Income
8.32 -61 -35
Changes in Operating Assets and Liabilities, net
23 42 34
Net Cash From Investing Activities
-19 94 -148
Net Cash From Continuing Investing Activities
-19 94 -148
Purchase of Property, Plant & Equipment
-19 -12 -7.93
Acquisitions
0.00 -5.01 -29
Purchase of Investments
0.00 0.00 -110
Sale and/or Maturity of Investments
0.00 112 0.00
Other Investing Activities, net
0.00 0.00 -1.12
Net Cash From Financing Activities
-8.68 53 817
Net Cash From Continuing Financing Activities
-8.68 53 817
Repayment of Debt
-8.46 0.00 -103
Payment of Dividends
-3.89 0.00 0.00
Issuance of Debt
0.00 48 0.00
Issuance of Common Equity
0.00 0.00 936
Other Financing Activities, net
3.67 4.42 -15
Effect of Exchange Rate Changes
3.94 -2.10 5.40
Cash Interest Paid
3.02 2.34 1.13
Cash Income Taxes Paid
2.66 1.24 2.07

Quarterly Cash Flow Statements for Fluence Energy

This table details how cash moves in and out of Fluence Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-44 136 5.40 -28 65 14 47 104 -39 -78 -332
Net Cash From Operating Activities
-46 -211 11 -21 71 19 49 2.92 -75 -89 -221
Net Cash From Continuing Operating Activities
-46 -211 11 -21 71 19 49 2.92 -75 -89 -221
Net Income / (Loss) Continuing Operations
-42 -57 68 1.08 -13 -26 4.82 -35 -37 -37 -56
Consolidated Net Income / (Loss)
-42 -57 68 1.08 -13 -26 4.82 -35 -37 -37 -56
Depreciation Expense
6.19 4.49 4.09 4.42 3.09 2.88 2.93 2.65 2.67 2.42 2.22
Amortization Expense
1.13 0.82 1.67 0.38 0.36 0.68 0.46 - 0.23 0.23 0.23
Non-Cash Adjustments To Reconcile Net Income
43 13 -76 34 29 21 -56 -7.91 75 -72 -34
Changes in Operating Assets and Liabilities, net
-55 -172 13 -61 51 20 96 43 -115 18 -134
Net Cash From Investing Activities
-7.57 -5.19 -5.53 -5.95 -4.90 -2.60 -3.06 62 42 -6.33 -115
Net Cash From Continuing Investing Activities
-7.57 -5.19 -5.53 -5.95 -4.90 -2.60 -3.06 62 42 -6.33 -115
Purchase of Property, Plant & Equipment
-7.57 -5.19 -5.53 -5.95 -4.90 -2.60 -3.06 -8.07 1.41 -2.50 -5.26
Net Cash From Financing Activities
-1.72 361 -2.91 0.86 -0.27 -6.36 0.01 29 0.56 23 1.59
Net Cash From Continuing Financing Activities
-1.72 361 -2.91 0.86 -0.27 -6.36 0.01 29 0.56 23 1.59
Repayment of Debt
-1.41 -10 -3.45 -0.71 -0.72 -3.58 - - - 0.00 -0.26
Payment of Dividends
-1.04 0.00 - - - -3.89 - - - 0.00 -
Other Financing Activities, net
0.72 -29 0.54 1.48 0.53 1.12 0.01 1.46 0.56 2.40 -10
Effect of Exchange Rate Changes
11 -8.71 3.31 -1.99 -0.79 3.42 1.13 9.82 -7.27 -5.78 2.93
Cash Interest Paid
1.15 0.92 0.84 1.08 0.38 0.72 1.38 0.44 0.24 0.27 1.13
Cash Income Taxes Paid
5.29 5.71 0.94 0.41 0.39 0.92 0.31 0.34 0.30 0.28 0.77

Annual Balance Sheets for Fluence Energy

This table presents Fluence Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 9/30/2024 9/30/2023 9/30/2022
Total Assets
1,902 1,352 1,746
Total Current Assets
1,680 1,195 1,602
Cash & Equivalents
449 346 357
Restricted Cash
46 107 62
Note & Lease Receivable
31 24 0.00
Accounts Receivable
751 354 337
Inventories, net
357 333 708
Other Current Assets
47 31 27
Plant, Property, & Equipment, net
15 13 14
Total Noncurrent Assets
206 144 130
Goodwill
27 26 25
Intangible Assets
60 56 52
Noncurrent Deferred & Refundable Income Taxes
8.88 0.09 3.03
Other Noncurrent Operating Assets
110 32 26
Total Liabilities & Shareholders' Equity
1,902 1,352 1,746
Total Liabilities
1,295 796 1,116
Total Current Liabilities
1,259 746 1,109
Short-Term Debt
30 23 0.00
Accounts Payable
437 65 305
Accrued Expenses
338 176 184
Current Deferred Revenue
313 383 579
Current Deferred & Payable Income Tax Liabilities
58 29 11
Current Employee Benefit Liabilities
59 52 21
Other Current Liabilities
24 17 8.93
Total Noncurrent Liabilities
36 50 6.98
Long-Term Debt
0.00 28 0.00
Noncurrent Deferred & Payable Income Tax Liabilities
7.11 4.79 4.88
Other Noncurrent Operating Liabilities
29 17 2.11
Total Equity & Noncontrolling Interests
607 556 629
Total Preferred & Common Equity
472 402 436
Preferred Stock
0.00 0.00 0.00
Total Common Equity
472 402 436
Common Stock
635 581 543
Retained Earnings
-151 -174 -105
Treasury Stock
-9.46 -7.80 -5.01
Accumulated Other Comprehensive Income / (Loss)
-1.84 3.20 2.78
Noncontrolling Interest
135 154 193

Quarterly Balance Sheets for Fluence Energy

This table presents Fluence Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2025 Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 12/31/2024 6/30/2024 3/31/2024 12/31/2023 6/30/2023 3/31/2023 12/31/2022 6/30/2022
Total Assets
2,273 2,214 1,690 1,530 1,815 1,565 1,948 2,152 1,673
Total Current Assets
2,031 1,984 1,504 1,323 1,665 1,389 1,808 2,010 1,551
Cash & Equivalents
569 607 388 412 318 298 194 287 677
Restricted Cash
19 24 102 107 136 108 108 55 75
Note & Lease Receivable
0.00 0.00 55 55 55 - - - -
Accounts Receivable
496 555 290 283 430 373 579 390 244
Inventories, net
879 719 626 420 677 584 829 1,139 516
Other Current Assets
69 78 42 46 50 27 28 30 39
Plant, Property, & Equipment, net
20 19 14 14 13 13 13 15 9.29
Total Noncurrent Assets
222 212 172 194 137 162 126 127 113
Goodwill
27 26 26 26 28 26 26 26 25
Intangible Assets
59 59 59 57 57 55 50 51 53
Noncurrent Deferred & Refundable Income Taxes
7.62 8.08 0.09 0.09 0.09 2.57 2.57 2.57 1.18
Other Noncurrent Operating Assets
128 119 87 110 52 21 21 20 30
Total Liabilities & Shareholders' Equity
2,273 2,214 1,690 1,530 1,815 1,565 1,948 2,152 1,673
Total Liabilities
1,774 1,685 1,152 998 1,276 1,019 1,380 1,553 1,001
Total Current Liabilities
1,345 1,261 1,125 973 1,252 954 1,345 1,526 994
Short-Term Debt
0.00 0.00 54 59 52 - - - 0.00
Accounts Payable
233 102 322 244 319 166 400 506 221
Accrued Expenses
377 477 213 26 172 96 106 160 135
Current Deferred Revenue
683 606 446 558 648 611 584 827 604
Current Deferred & Payable Income Tax Liabilities
13 40 33 22 31 26 17 7.90 12
Current Employee Benefit Liabilities
26 26 41 53 19 40 27 14 17
Other Current Liabilities
14 11 15 11 12 15 210 11 4.37
Total Noncurrent Liabilities
429 423 27 25 24 65 35 27 7.45
Long-Term Debt
390 389 0.00 - 0.00 50 22 21 -
Noncurrent Deferred & Payable Income Tax Liabilities
6.86 6.62 5.14 5.16 5.37 3.54 3.50 3.47 -
Other Noncurrent Operating Liabilities
32 28 22 20 19 12 9.53 1.95 7.45
Total Equity & Noncontrolling Interests
499 529 538 532 539 545 568 599 671
Total Preferred & Common Equity
388 409 421 413 416 393 403 421 459
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
388 409 421 413 416 393 403 421 0.00
Common Stock
616 612 628 618 610 574 563 555 531
Retained Earnings
-224 -193 -199 -200 -191 -177 -154 -129 -67
Treasury Stock
-9.95 -9.86 -9.04 -7.89 -7.80 -6.63 -5.30 -5.30 -4.99
Accumulated Other Comprehensive Income / (Loss)
6.08 0.22 1.57 3.24 4.38 2.82 -0.57 0.41 0.52
Noncontrolling Interest
111 120 117 119 123 153 165 178 212

Annual Metrics And Ratios for Fluence Energy

This table displays calculated financial ratios and metrics derived from Fluence Energy's official financial filings.

Metric 2024 2023 2022
Period end date 9/30/2024 9/30/2023 9/30/2022
Growth Metrics
- - -
Revenue Growth
21.67% 85.05% 76.07%
EBITDA Growth
154.71% 66.43% -82.43%
EBIT Growth
132.08% 63.33% -81.52%
NOPAT Growth
125.92% 60.28% -78.91%
Net Income Growth
128.97% 63.75% -78.50%
EPS Growth
121.67% 60.00% 0.00%
Operating Cash Flow Growth
171.19% 60.36% -6.45%
Free Cash Flow Firm Growth
123.81% 60.87% -414.89%
Invested Capital Growth
-7.42% 55.51% 322.82%
Revenue Q/Q Growth
25.90% 11.63% 0.00%
EBITDA Q/Q Growth
440.91% 41.89% 0.00%
EBIT Q/Q Growth
211.89% 38.76% 0.00%
NOPAT Q/Q Growth
201.35% 36.27% 0.00%
Net Income Q/Q Growth
193.32% 36.79% 0.00%
EPS Q/Q Growth
168.42% 32.58% 0.00%
Operating Cash Flow Q/Q Growth
-32.31% 70.69% -51.06%
Free Cash Flow Firm Q/Q Growth
-50.73% 0.00% 0.00%
Invested Capital Q/Q Growth
40.39% -17.34% 0.00%
Profitability Metrics
- - -
Gross Margin
12.64% 6.36% -5.20%
EBITDA Margin
1.91% -4.24% -23.38%
Operating Margin
0.99% -5.08% -23.65%
EBIT Margin
1.26% -4.76% -24.04%
Profit (Net Income) Margin
1.13% -4.73% -24.13%
Tax Burden Percent
76.74% 104.54% 100.47%
Interest Burden Percent
116.74% 94.90% 99.89%
Effective Tax Rate
23.26% 0.00% 0.00%
Return on Invested Capital (ROIC)
13.76% -62.24% -726.42%
ROIC Less NNEP Spread (ROIC-NNEP)
11.47% -56.66% -700.19%
Return on Net Nonoperating Assets (RNNOA)
-8.54% 44.56% 648.94%
Return on Equity (ROE)
5.22% -17.68% -77.48%
Cash Return on Invested Capital (CROIC)
21.47% -105.69% -345.08%
Operating Return on Assets (OROA)
2.08% -6.82% -23.39%
Return on Assets (ROA)
1.87% -6.77% -23.48%
Return on Common Equity (ROCE)
3.92% -12.50% -27.24%
Return on Equity Simple (ROE_SIMPLE)
6.43% -26.05% -66.35%
Net Operating Profit after Tax (NOPAT)
20 -79 -198
NOPAT Margin
0.76% -3.55% -16.56%
Net Nonoperating Expense Percent (NNEP)
2.29% -5.58% -26.23%
Cost of Revenue to Revenue
87.36% 93.64% 105.20%
SG&A Expenses to Revenue
6.41% 6.15% 9.74%
R&D to Revenue
2.45% 2.99% 5.02%
Operating Expenses to Revenue
11.65% 11.43% 18.45%
Earnings before Interest and Taxes (EBIT)
34 -106 -288
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
51 -94 -280
Valuation Ratios
- - -
Price to Book Value (P/BV)
8.68 10.12 5.79
Price to Tangible Book Value (P/TBV)
10.66 12.70 7.02
Price to Revenue (P/Rev)
1.52 1.84 2.10
Price to Earnings (P/E)
180.44 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00%
Earnings Yield
0.55% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
26.41 24.80 22.05
Enterprise Value to Revenue (EV/Rev)
1.40 1.72 1.82
Enterprise Value to EBITDA (EV/EBITDA)
73.24 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
111.21 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
184.53 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
47.31 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
118.30 0.00 0.00
Leverage & Solvency
- - -
Debt to Equity
0.05 0.09 0.00
Long-Term Debt to Equity
0.00 0.05 0.00
Financial Leverage
-0.74 -0.79 -0.93
Leverage Ratio
2.80 2.61 3.30
Compound Leverage Factor
3.27 2.48 3.30
Debt to Total Capital
4.76% 8.33% 0.00%
Short-Term Debt to Total Capital
4.76% 3.71% 0.00%
Long-Term Debt to Total Capital
0.00% 4.62% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
21.18% 25.37% 30.73%
Common Equity to Total Capital
74.06% 66.30% 69.27%
Debt to EBITDA
0.59 -0.54 0.00
Net Debt to EBITDA
-9.02 4.27 0.00
Long-Term Debt to EBITDA
0.00 -0.30 0.00
Debt to NOPAT
1.49 -0.64 0.00
Net Debt to NOPAT
-22.73 5.10 0.00
Long-Term Debt to NOPAT
0.00 -0.36 0.00
Altman Z-Score
3.53 4.67 1.75
Noncontrolling Interest Sharing Ratio
24.84% 29.30% 64.85%
Liquidity Ratios
- - -
Current Ratio
1.33 1.60 1.44
Quick Ratio
0.98 0.97 0.73
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
32 -134 -342
Operating Cash Flow to CapEx
419.95% -915.63% -3,559.18%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00
Efficiency Ratios
- - -
Asset Turnover
1.66 1.43 0.97
Accounts Receivable Turnover
4.88 6.42 4.52
Inventory Turnover
6.83 3.99 2.28
Fixed Asset Turnover
191.93 167.23 109.16
Accounts Payable Turnover
9.39 11.22 5.44
Days Sales Outstanding (DSO)
74.73 56.88 80.71
Days Inventory Outstanding (DIO)
53.41 91.41 160.22
Days Payable Outstanding (DPO)
38.87 32.53 67.05
Cash Conversion Cycle (CCC)
89.28 115.76 173.88
Capital & Investment Metrics
- - -
Invested Capital
143 154 99
Invested Capital Turnover
18.18 17.51 43.87
Increase / (Decrease) in Invested Capital
-11 55 144
Enterprise Value (EV)
3,770 3,823 2,186
Market Capitalization
4,099 4,071 2,523
Book Value per Share
$2.62 $2.27 $2.52
Tangible Book Value per Share
$2.13 $1.81 $2.08
Total Capital
637 607 629
Total Debt
30 51 0.00
Total Long-Term Debt
0.00 28 0.00
Net Debt
-464 -402 -530
Capital Expenditures (CapEx)
19 12 7.93
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-43 19 -38
Debt-free Net Working Capital (DFNWC)
452 472 492
Net Working Capital (NWC)
422 449 492
Net Nonoperating Expense (NNE)
-9.94 26 91
Net Nonoperating Obligations (NNO)
-464 -402 -530
Total Depreciation and Amortization (D&A)
18 12 7.89
Debt-free, Cash-free Net Working Capital to Revenue
-1.59% 0.86% -3.17%
Debt-free Net Working Capital to Revenue
16.75% 21.27% 41.05%
Net Working Capital to Revenue
15.62% 20.26% 41.05%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
$0.18 ($0.60) ($1.50)
Adjusted Weighted Average Basic Shares Outstanding
126.18M 116.45M 69.71M
Adjusted Diluted Earnings per Share
$0.13 ($0.60) ($1.50)
Adjusted Weighted Average Diluted Shares Outstanding
184.03M 116.45M 69.71M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
181.12M 177.89M 174.45M
Normalized Net Operating Profit after Tax (NOPAT)
20 -79 -198
Normalized NOPAT Margin
0.76% -3.55% -16.56%
Pre Tax Income Margin
1.47% -4.52% -24.01%
Debt Service Ratios
- - -
EBIT to Interest Expense
0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00
Payout Ratios
- - -
Dividend Payout Ratio
12.82% 0.00% 0.00%
Augmented Payout Ratio
12.82% 0.00% 0.00%

Quarterly Metrics And Ratios for Fluence Energy

This table displays calculated financial ratios and metrics derived from Fluence Energy's official financial filings.

Metric Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-30.74% -48.68% 82.49% -9.89% -10.75% 17.23% 52.26% 124.41% 103.72% 77.52% 0.00%
EBITDA Growth
-198.21% -114.79% 486.96% 125.01% 66.32% 29.58% 125.25% 40.33% 36.94% 67.10% 0.00%
EBIT Growth
-179.28% -106.60% 624.02% 110.57% 60.09% 25.16% 118.18% 38.14% 33.89% 65.17% 0.00%
NOPAT Growth
-189.20% -79.23% 1,077.60% 103.42% 57.39% 39.58% 114.16% 36.73% 40.03% 54.74% 0.00%
Net Income Growth
-225.66% -123.09% 1,305.94% 103.07% 65.57% 31.29% 108.57% 42.39% 38.39% 66.63% 0.00%
EPS Growth
-242.86% -128.57% 1,600.00% 100.00% 66.67% 33.33% 107.41% 42.86% 40.00% 60.38% 0.00%
Operating Cash Flow Growth
-165.15% -1,190.91% -78.32% -821.34% 195.13% 121.78% 121.93% -96.35% -247.39% 53.59% -75.76%
Free Cash Flow Firm Growth
-298.57% -2,605.74% 244.34% 128.85% 154.63% 103.72% 0.00% -824.50% -465.43% 0.00% 0.00%
Invested Capital Growth
316.74% 108.78% -7.42% -45.49% -66.28% -17.16% 55.51% 322.67% 116,117.30% 0.00% 0.00%
Revenue Q/Q Growth
131.07% -84.79% 154.11% -22.44% 71.21% -45.92% 25.47% -23.18% 124.89% -29.76% 84.92%
EBITDA Q/Q Growth
33.14% -167.51% 810.66% 171.29% 50.99% -284.48% 138.79% 3.99% -2.49% 33.87% 8.31%
EBIT Q/Q Growth
26.80% -179.85% 1,760.14% 125.34% 45.10% -379.81% 127.15% 4.33% -2.95% 32.03% 7.58%
NOPAT Q/Q Growth
16.08% -162.08% 6,444.93% 108.48% 47.99% -507.90% 119.03% -5.55% 26.25% 4.40% 14.98%
Net Income Q/Q Growth
26.45% -184.18% 6,199.91% 108.35% 49.62% -630.54% 113.75% 6.29% -0.55% 33.80% 7.64%
EPS Q/Q Growth
25.00% -194.12% 0.00% 100.00% 50.00% -800.00% 110.00% 4.76% 0.00% 22.22% 22.86%
Operating Cash Flow Q/Q Growth
78.14% -2,106.19% 149.92% -129.76% 266.08% -60.13% 1,560.74% 103.92% 16.18% 59.86% -376.62%
Free Cash Flow Firm Q/Q Growth
-39.50% -359.65% -16.04% -34.70% 1,660.30% 114.96% 83.22% -23.65% -19.94% 0.00% -100.00%
Invested Capital Q/Q Growth
5.22% 100.85% 40.39% 40.46% -47.28% -10.94% -17.34% -13.11% 29.50% 67.19% 218.36%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
9.87% 11.35% 12.82% 17.18% 10.30% 10.00% 11.33% 4.07% 4.41% 3.88% 2.43%
EBITDA Margin
-8.39% -29.00% 6.53% 1.82% -1.98% -6.93% 2.03% -6.57% -5.26% -11.53% -12.25%
Operating Margin
-10.44% -28.76% 5.51% 0.94% -2.50% -8.23% 1.81% -7.20% -5.24% -15.98% -11.74%
EBIT Margin
-10.09% -31.84% 6.06% 0.83% -2.54% -7.91% 1.53% -7.06% -5.67% -12.39% -12.80%
Profit (Net Income) Margin
-9.72% -30.52% 5.51% 0.22% -2.07% -7.02% 0.72% -6.53% -5.36% -11.98% -12.71%
Tax Burden Percent
95.46% 97.08% 89.58% 20.27% 88.54% 95.39% 42.17% 96.38% 99.66% 98.38% 103.40%
Interest Burden Percent
100.90% 98.75% 101.51% 132.47% 92.02% 93.08% 111.05% 95.99% 94.76% 98.29% 96.01%
Effective Tax Rate
0.00% 0.00% 10.42% 79.73% 0.00% 0.00% 57.83% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-91.09% -239.45% 89.65% 2.85% -26.80% -86.42% 13.38% -194.93% -57.80% -180.07% -99.36%
ROIC Less NNEP Spread (ROIC-NNEP)
-87.93% -233.43% 88.00% 2.81% -26.32% -85.32% 13.45% -193.49% -55.62% -178.93% -95.62%
Return on Net Nonoperating Assets (RNNOA)
56.03% 140.81% -65.55% -2.06% 19.45% 62.60% -10.58% 177.15% 46.40% 129.42% 80.55%
Return on Equity (ROE)
-35.06% -98.65% 24.11% 0.79% -7.35% -23.81% 2.80% -17.78% -11.41% -50.65% -18.81%
Cash Return on Invested Capital (CROIC)
-132.56% -70.65% 21.47% 44.89% 64.02% -24.18% -105.69% 0.00% 0.00% 0.00% -345.08%
Operating Return on Assets (OROA)
-12.36% -39.84% 10.06% 1.09% -3.20% -9.06% 2.19% -8.67% -5.56% -7.68% -12.46%
Return on Assets (ROA)
-11.90% -38.20% 9.15% 0.29% -2.61% -8.04% 1.03% -8.02% -5.25% -7.43% -12.37%
Return on Common Equity (ROCE)
-27.26% -76.20% 18.12% 0.59% -5.46% -17.51% 1.98% -5.74% -3.56% -35.58% -6.61%
Return on Equity Simple (ROE_SIMPLE)
-7.77% -0.27% 0.00% -7.73% -16.62% -22.40% 0.00% -42.24% -47.51% -51.07% 0.00%
Net Operating Profit after Tax (NOPAT)
-32 -38 61 0.93 -11 -21 5.14 -27 -26 -35 -36
NOPAT Margin
-7.31% -20.13% 4.93% 0.19% -1.75% -5.76% 0.76% -5.04% -3.67% -11.18% -8.22%
Net Nonoperating Expense Percent (NNEP)
-3.16% -6.02% 1.65% 0.04% -0.48% -1.10% -0.07% -1.44% -2.18% -1.14% -3.75%
Return On Investment Capital (ROIC_SIMPLE)
-3.55% -4.09% - - - -3.55% - - - - -
Cost of Revenue to Revenue
90.13% 88.65% 87.18% 82.82% 89.70% 90.00% 88.67% 95.93% 95.59% 96.12% 97.57%
SG&A Expenses to Revenue
9.59% 19.65% 3.75% 9.33% 7.07% 10.37% 5.22% 7.11% 4.55% 10.07% 7.45%
R&D to Revenue
5.12% 9.21% 1.49% 3.10% 2.80% 4.24% 2.18% 1.85% 3.23% 6.17% 4.05%
Operating Expenses to Revenue
20.31% 40.11% 7.32% 16.24% 12.80% 18.23% 9.52% 11.27% 9.65% 19.86% 14.17%
Earnings before Interest and Taxes (EBIT)
-44 -59 74 4.00 -16 -29 10 -38 -40 -38 -57
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-36 -54 80 8.81 -12 -25 14 -35 -37 -36 -54
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
2.27 7.02 8.68 7.39 7.50 10.16 10.12 11.91 8.78 7.11 5.79
Price to Tangible Book Value (P/TBV)
2.91 8.86 10.66 9.25 9.40 12.74 12.70 15.04 10.80 8.71 7.02
Price to Revenue (P/Rev)
0.38 1.14 1.52 1.45 1.41 1.86 1.84 2.35 2.09 2.24 2.10
Price to Earnings (P/E)
0.00 0.00 180.44 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.55% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
2.63 9.61 26.41 27.46 38.09 28.73 24.80 23.98 15.62 16.53 22.05
Enterprise Value to Revenue (EV/Rev)
0.34 1.09 1.40 1.30 1.26 1.74 1.72 2.25 1.98 2.05 1.82
Enterprise Value to EBITDA (EV/EBITDA)
0.00 122.25 73.24 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 857.23 111.21 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 184.53 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 47.31 23.71 19.45 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 118.30 43.15 30.01 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.78 0.74 0.05 0.10 0.11 0.10 0.09 0.09 0.04 0.04 0.00
Long-Term Debt to Equity
0.78 0.74 0.00 0.00 0.00 0.00 0.05 0.09 0.04 0.04 0.00
Financial Leverage
-0.64 -0.60 -0.74 -0.73 -0.74 -0.73 -0.79 -0.92 -0.83 -0.72 -0.84
Leverage Ratio
3.69 3.77 2.80 3.00 3.16 3.49 2.61 2.66 2.67 3.59 3.30
Compound Leverage Factor
3.72 3.72 2.84 3.98 2.91 3.24 2.90 2.55 2.53 3.53 3.17
Debt to Total Capital
43.86% 42.37% 4.76% 9.08% 9.99% 8.74% 8.33% 8.32% 3.66% 3.41% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 4.76% 9.08% 9.99% 8.74% 3.71% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
43.86% 42.37% 0.00% 0.00% 0.00% 0.00% 4.62% 8.32% 3.66% 3.41% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
12.47% 13.05% 21.18% 19.77% 20.09% 20.86% 25.37% 25.69% 27.93% 28.73% 30.73%
Common Equity to Total Capital
43.66% 44.58% 74.06% 71.16% 69.92% 70.40% 66.30% 65.99% 68.41% 67.86% 69.27%
Debt to EBITDA
-251.39 17.28 0.59 -3.56 -1.00 -0.62 -0.54 -0.31 -0.12 -0.10 0.00
Net Debt to EBITDA
127.29 -10.77 -9.02 28.91 7.77 4.81 4.27 2.20 1.89 2.08 0.00
Long-Term Debt to EBITDA
-251.39 17.28 0.00 0.00 0.00 0.00 -0.30 -0.31 -0.12 -0.10 0.00
Debt to NOPAT
-20.93 -948.44 1.49 -2.66 -1.17 -0.79 -0.64 -0.40 -0.16 -0.14 0.00
Net Debt to NOPAT
10.60 591.46 -22.73 21.66 9.12 6.17 5.10 2.88 2.52 2.75 0.00
Long-Term Debt to NOPAT
-20.93 -948.44 0.00 0.00 0.00 0.00 -0.36 -0.40 -0.16 -0.14 0.00
Altman Z-Score
1.48 2.34 3.60 3.00 3.35 3.31 4.95 4.12 2.51 1.90 2.19
Noncontrolling Interest Sharing Ratio
22.27% 22.75% 24.84% 24.90% 25.76% 26.48% 29.30% 67.73% 68.82% 29.74% 64.85%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.51 1.57 1.33 1.34 1.36 1.33 1.60 1.46 1.34 1.32 1.44
Quick Ratio
0.79 0.92 0.98 0.65 0.77 0.64 0.97 0.70 0.63 0.52 0.73
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-261 -187 72 86 131 7.46 -50 -297 -240 -200 0.00
Operating Cash Flow to CapEx
-609.77% -4,073.12% 190.36% -354.31% 1,448.11% 745.88% 1,585.37% 36.22% 0.00% -3,561.62% -4,210.72%
Free Cash Flow to Firm to Interest Expense
-667.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
-118.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
-137.49 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
1.23 1.25 1.66 1.32 1.26 1.15 1.43 1.23 0.98 0.62 0.97
Accounts Receivable Turnover
5.98 5.12 4.88 6.46 5.10 5.54 6.42 6.45 4.10 3.42 4.52
Inventory Turnover
3.12 3.15 6.83 3.11 3.20 2.32 3.99 3.48 2.67 1.17 2.28
Fixed Asset Turnover
139.40 156.26 191.93 162.58 163.21 158.88 167.23 180.04 154.31 87.97 109.16
Accounts Payable Turnover
8.49 10.44 9.39 7.72 6.20 5.11 11.22 9.89 6.29 2.63 5.44
Days Sales Outstanding (DSO)
61.03 71.30 74.73 56.47 71.63 65.84 56.88 56.61 88.92 106.63 80.71
Days Inventory Outstanding (DIO)
117.06 116.04 53.41 117.21 114.10 157.34 91.41 105.02 136.82 312.21 160.22
Days Payable Outstanding (DPO)
42.99 34.95 38.87 47.27 58.85 71.41 32.53 36.91 58.00 138.62 67.05
Cash Conversion Cycle (CCC)
135.11 152.39 89.28 126.40 126.88 151.76 115.76 124.72 167.74 280.22 173.88
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
302 287 143 102 72 137 154 186 215 166 99
Invested Capital Turnover
12.46 11.89 18.18 14.88 15.31 14.99 17.51 38.68 15.76 16.10 12.09
Increase / (Decrease) in Invested Capital
229 149 -11 -85 -142 -28 55 270 215 166 0.00
Enterprise Value (EV)
794 2,753 3,770 2,791 2,757 3,945 3,823 4,472 3,353 2,739 2,186
Market Capitalization
881 2,876 4,099 3,111 3,097 4,224 4,071 4,676 3,539 2,992 2,523
Book Value per Share
$2.14 $2.26 $2.62 $2.35 $2.31 $3.43 $2.27 $2.24 $2.31 $2.41 $2.52
Tangible Book Value per Share
$1.66 $1.79 $2.13 $1.87 $1.85 $2.74 $1.81 $1.77 $1.88 $1.97 $2.08
Total Capital
889 918 637 592 591 591 607 595 590 620 629
Total Debt
390 389 30 54 59 52 51 50 22 21 0.00
Total Long-Term Debt
390 389 0.00 0.00 0.00 0.00 28 50 22 21 0.00
Net Debt
-197 -243 -464 -437 -459 -402 -402 -357 -351 -431 -530
Capital Expenditures (CapEx)
7.57 5.19 5.53 5.95 4.90 2.60 3.06 8.07 -1.41 2.50 5.26
Debt-free, Cash-free Net Working Capital (DFCFNWC)
98 91 -43 -57 -110 12 19 29 91 32 -38
Debt-free Net Working Capital (DFNWC)
686 722 452 433 409 465 472 435 463 484 492
Net Working Capital (NWC)
686 722 422 379 350 414 449 435 463 484 492
Net Nonoperating Expense (NNE)
10 19 -7.16 -0.15 1.96 4.58 0.33 8.01 12 2.47 20
Net Nonoperating Obligations (NNO)
-197 -243 -464 -437 -459 -402 -402 -359 -353 -433 -530
Total Depreciation and Amortization (D&A)
7.32 5.30 5.76 4.81 3.44 3.57 3.38 2.65 2.90 2.65 2.44
Debt-free, Cash-free Net Working Capital to Revenue
4.23% 3.59% -1.59% -2.67% -5.00% 0.52% 0.86% 1.47% 5.38% 2.39% -3.17%
Debt-free Net Working Capital to Revenue
29.44% 28.65% 16.75% 20.20% 18.61% 20.48% 21.27% 21.91% 27.43% 36.26% 41.05%
Net Working Capital to Revenue
29.44% 28.65% 15.62% 17.69% 15.92% 18.21% 20.26% 21.91% 27.43% 36.26% 41.05%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.24) ($0.32) $0.38 $0.01 ($0.07) ($0.14) $0.02 ($0.20) ($0.21) ($0.21) ($0.27)
Adjusted Weighted Average Basic Shares Outstanding
129.99M 129.48M 126.18M 127.91M 126.84M 121.11M 116.45M 117.46M 116.27M 115.39M 69.71M
Adjusted Diluted Earnings per Share
($0.24) ($0.32) $0.34 $0.00 ($0.07) ($0.14) $0.02 ($0.20) ($0.21) ($0.21) ($0.27)
Adjusted Weighted Average Diluted Shares Outstanding
129.99M 129.48M 184.03M 184.22M 126.84M 121.11M 116.45M 117.46M 116.27M 115.39M 69.71M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
182.22M 181.55M 181.12M 180.49M 179.40M 178.63M 177.89M 177.09M 175.52M 174.77M 174.45M
Normalized Net Operating Profit after Tax (NOPAT)
-32 -38 61 3.20 -11 -21 8.54 -27 -26 -35 -36
Normalized NOPAT Margin
-7.31% -20.13% 4.93% 0.66% -1.75% -5.76% 1.27% -5.04% -3.67% -11.18% -8.22%
Pre Tax Income Margin
-10.18% -31.44% 6.16% 1.10% -2.33% -7.36% 1.70% -6.78% -5.37% -12.18% -12.29%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
-111.34 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
-80.71 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
-130.71 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
-100.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
-3.43% 0.00% 12.82% 0.00% 0.00% -4.18% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-3.43% 0.00% 12.82% 0.00% -3.76% -4.18% 0.00% 0.00% -2.77% -2.47% 0.00%

Frequently Asked Questions About Fluence Energy's Financials

When does Fluence Energy's fiscal year end?

According to the most recent income statement we have on file, Fluence Energy's financial year ends in September. Their financial year 2024 ended on September 30, 2024.

How has Fluence Energy's net income changed over the last 2 years?

Fluence Energy's net income appears to be on a downward trend, with a most recent value of $30.37 million in 2024, falling from -$289.18 million in 2022. The previous period was -$104.82 million in 2023. Check out Fluence Energy's forecast to explore projected trends and price targets.

What is Fluence Energy's operating income?
Fluence Energy's total operating income in 2024 was $26.62 million, based on the following breakdown:
  • Total Gross Profit: $341.08 million
  • Total Operating Expenses: $314.46 million
How has Fluence Energy revenue changed over the last 2 years?

Over the last 2 years, Fluence Energy's total revenue changed from $1.20 billion in 2022 to $2.70 billion in 2024, a change of 125.1%.

How much debt does Fluence Energy have?

Fluence Energy's total liabilities were at $1.30 billion at the end of 2024, a 62.7% increase from 2023, and a 16.0% increase since 2022.

How much cash does Fluence Energy have?

In the past 2 years, Fluence Energy's cash and equivalents has ranged from $345.90 million in 2023 to $448.69 million in 2024, and is currently $448.69 million as of their latest financial filing in 2024.

How has Fluence Energy's book value per share changed over the last 2 years?

Over the last 2 years, Fluence Energy's book value per share changed from 2.52 in 2022 to 2.62 in 2024, a change of 3.8%.



This page (NASDAQ:FLNC) was last updated on 5/29/2025 by MarketBeat.com Staff
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