Fluence Energy

Fluence Energy, Inc. engages in energy storage products and services, and artificial intelligence-enabled digital applications for renewables, and storage. It also offers delivery and recurring operational services, as well as financing structuring services, such as energy-storage-as-a-service. Its products include Gridstack, Sunstack, and Edgestack. The company was founded on June 21, 2021, and is headquartered in Arlington, VA.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Fluence Energy excels in Q1 2023, eyes international expansion

Fluence Energy's Q1 2023 performance showcased strong revenue, strategic growth initiatives, and supply chain advancements. The company's focus on non-GAAP measures, customer-centric approach, and digital expansion position it well for future growth and profitability.

Fluence Energy reports record revenue and raises guidance for 2023

Fluence Energy's Q2 2023 earnings call showcased impressive financial performance, strong growth in recurrent revenue businesses, and a focus on strategic objectives for sustainable growth. While challenges exist in transitioning to higher margin contracts, the company's increased revenue guidance and margin improvement strategies offer promising opportunities for future profitability.

Fluence Energy reports robust Q3 earnings, eyes market expansion

Fluence Energy's Q3 performance showcased revenue growth, margin challenges, and digital business strength, with raised revenue guidance for '23 and '24.
The company's strategic objectives focus on profitable growth, product development, and financial improvement, supported by strong demand outlook and market dynamics.
While facing challenges in margin maintenance and customer retention, Fluence Energy is well-positioned to capitalize on market opportunities in storage and software solutions.
Overall, Fluence Energy's financial performance, strategic partnerships, and innovation efforts position the company for sustained growth and profitability in the energy sector.

Fluence Energy reports robust Q4 earnings and eyes growth opportunities

Fluence Energy's Q4 2023 performance showcased strong revenue, gross profit, and EBITDA, with a positive outlook for fiscal '24.
The company's strengths lie in margin confidence, EBITDA growth prospects, and growth in storage and renewable energy projects.
Challenges include pipeline composition, backlog concentration, and deposit financing, while opportunities exist in product development and market expansion.

Fluence Energy reports record revenue and backlog growth in Q1

Fluence Energy's Q1 2024 performance showcased strong revenue, order intake, and backlog growth, with a focus on cost management and supply chain resilience.
The company faces challenges in managing negative adjusted EBITDA, potential margin risks, and project timing concerns, requiring proactive strategies.
Opportunities in domestic content batteries, EU policy support, and AI data center power needs present avenues for growth and diversification.
Overall, Fluence Energy's strategic progress, resilient supply chain, and readiness to capitalize on incentives position it well for future growth and success.

Fluence Energy achieves first full-year profit, anticipates strong growth

Fluence Energy delivered a strong financial performance, marking its first full-year profit and demonstrating solid revenue growth. While facing challenges related to market dynamics and operational factors, the company's strategic focus on innovation and supply chain resilience opens up promising opportunities for future growth and success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Fluence Energy, Inc. engages in energy storage products and services, and artificial intelligence-enabled digital applications for renewables and storage. The company was founded on June 21, 2021, and is headquartered in Arlington, VA.

Clearway Energy

Gevo

Ormat Technologies

First-quarter earnings of the Zacks Oil-Energy sector, which houses renewable energy stocks, are expected to improve a solid 6.7%. Revenues are likely to decline 6.6%.

4 Renewable Energy Stocks Set to Beat Q1 Earnings Estimates

MANILA, Philippines, April 04, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and cloud-based software for renewables and storage, announced the completion of a 570 MW battery-based energy storage portfolio supplied to SMC Global Power Holdings Corp. (SMCGP). The announcement was made during an inauguration ceremony held by SMCGP for its 1,000 MW / 1,000 MWh battery-based energy storage fleet in the Philippines.

Fluence completes 570 MW battery-based energy storage portfolio contributing to SMC Global Power's 1,000 MW Battery Storage Fleet Inauguration in the Philippines

MELBOURNE, Australia, April 03, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and cloud-based software for renewables and storage, today announced that Fluence has been selected by Macquarie Asset Management's Green Investment Group (GIG) and Shell Energy Operations (Shell Energy) to deliver the 200 MW / 400 MWh Rangebank Battery-based Energy Storage System (BESS) in Cranbourne, Melbourne, Australia.

Fluence to Deliver 200 MW / 400 MWh Energy Storage System for Macquarie Asset Management's Green Investment Group and Shell Energy's Rangebank BESS in Cranbourne

Fluence Energy, Inc. (FLNC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Fluence Energy, Inc. (FLNC) Surges 14.7%: Is This an Indication of Further Gains?

Amid a modestly positive session on Wall Street, energy storage solution provider Fluence Energy (NASDAQ: FLNC ) managed to soar above the clouds, initially gaining 15% before moving to 17% up in the late-afternoon hours. Earlier this week, Fluence announced the introduction of a new transmission asset.

Why Is Fluence Energy (FLNC) Stock Up 15% Today?

Shoals Technologies Group

SunPower

With a 10-year federal investment budget of $385 billion, the clean energy sector would seem to have few worries except how to spend all that cash.

Goldman Sachs Puts Aside Worries, Upgrades 3 Solar Stocks

ARLINGTON, Va., March 29, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and cloud-based software for renewables and storage, announced today the release of Fluence Ultrastack™. Ultrastack is an advanced energy storage product designed to transform the way transmission and distribution networks operate around the world by addressing some of the main challenges created by the energy transition, such as weakening system stability, network infrastructure congestion, and low visibility into distributed assets. To support this energy transition, Bloomberg NEF estimates that the annual global investments into power grids will increase from $274 billion in 2022 to nearly $871 billion in the 2040s, reaching $21.4 trillion by 2050.

Fluence Launches Ultrastack, its Highest-Performance Energy Storage Product to Date, to Transform Transmission and Distribution Grids

The new Fluence Energy, Inc. management team has shown strong execution capabilities as they addressed each of their objectives set for the company. In the Q1 FY2023, Fluence Energy achieved a record order intake of $856 million, bringing the contracted backlog to $2.7 billion.

Fluence Energy: Differentiating Itself As A Leader In Battery Energy Storage

A recent mixed quarter along with bearish technical developments lead me to downgrade shares of Fluence. The stock neared a prior profit-taking level, but the bulls could not keep the upward trend going.

Fluence Energy: Negative Earnings This Year As Shares Probe Support

Fluence Mosaic AI-powered bidding software has launched in ERCOT, starting with over 350 MW / 350 MWh of energy storage projects anticipated to come online and use Mosaic bid recommendations in 2023 Fluence Mosaic AI-powered bidding software has launched in ERCOT, starting with over 350 MW / 350 MWh of energy storage projects anticipated to come online and use Mosaic bid recommendations in 2023

Fluence Mosaic Intelligent Bidding Software for Energy Storage Systems Expands into Electric Reliability Council of Texas Wholesale Power Market

Altus Power

Array Technologies

Atlantica Sustainable Infrastructure

NextEra Energy

NuScale Power Corp

There are many reasons why someone might consider investing in green stocks. Investing in green stocks allows individuals to align their investments with their personal values, as they are investing in companies that prioritize ESG (environmental, social, and governance) factors.

7 Green Stocks to Buy for a More Sustainable Future

The cloud-based asset performance management software is now operational for energy storage and all categories of renewables including solar, wind, and hydro The cloud-based asset performance management software is now operational for energy storage and all categories of renewables including solar, wind, and hydro

Fluence Nispera Becomes Leader in Asset Performance Management Software for Energy Storage and Renewables, with 267 MW / 948 MWh Storage Assets Under Management Globally

Enphase Energy

Eos Energy Enterprises

QuantumScape

Stem, Inc

The energy storage industry is well-positioned for success in 2023, as a wave of positive changes in the energy landscape means more investment, innovation, and growth. Clean energy transition and decarbonization initiatives are driving increases in renewable energy investments, leading to groundbreaking research and development into new efficient storage capabilities.

7 Stocks to Buy for the Future of Clean Energy Storage

Fluence Energy, Inc. (NASDAQ:FLNC ) Q1 2023 Earnings Conference Call February 9, 2023 8:30 AM ET Company Participants Lexington May - Vice President, Investor Relations Julian Nebreda - President and CEO Manu Sial - Chief Financial Officer Rebecca Boll - Chief Product Officer Conference Call Participants James West - Evercore ISI George Gianarikas - Canaccord Genuity Maheep Mandloi - Credit Suisse Brian Lee - Goldman Sachs David Peters - Wolfe Research Ryan Levine - Citi Ben Kallo - Baird Alex Guevara - Bank of America Operator Good day and thank you for standing by. Welcome to the Fluence Energy Incorporated First Quarter 2023 Earnings Conference Call.

Fluence Energy, Inc. (FLNC) Q1 2023 Earnings Call Transcript

The energy storage company impressed investors.

Why Fluence Energy Stock Is Flying Higher Today

Fluence Energy, Inc. (FLNC) delivered earnings and revenue surprises of 22.22% and 2.60%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Fluence Energy, Inc. (FLNC) Reports Q1 Loss, Lags Revenue Estimates

Stronger Demand and Increased Supply Chain Assurance Drives Higher Fiscal Year 2023 Guidance Stronger Demand and Increased Supply Chain Assurance Drives Higher Fiscal Year 2023 Guidance

Fluence Energy, Inc. Reports First Quarter Fiscal 2023 Results

Brookfield Renewable Partners

Constellation Energy Corp

Dominion Energy

Con Ed

New Fortress Energy

ONE Gas

Otter Tail

Income investors like utility stocks for their stability and generous dividends. Here are nine to watch in an uncertain market.

The 9 Best Utility Stocks to Buy Now

Fluence's AI-powered bidding software maximises the value of the ACT Battery and delivers streamlined market operations Fluence's AI-powered bidding software maximises the value of the ACT Battery and delivers streamlined market operations

Fluence Mosaic Optimises Global Power Generation (GPG)'s ACT Battery

ARLINGTON, Va., Jan. 27, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), announced today that it will report earnings for the first quarter ended December 31, 2022 on Wednesday, February 8th, 2023, after market close.

Fluence Energy, Inc. Announces First Quarter 2023 Earnings Release Date, Conference Call and Webcast

ARLINGTON, Va., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and cloud-based software for renewables and storage, today announced that effective January 1, 2023, Roman Loosen has joined Fluence as Senior Vice President and Chief Business Operations and Transformation Officer to lead the strategic transformation and accelerated growth of Fluence's business operations. Mr. Loosen joins Fluence from Siemens, where he spent more than 20 years as a change agent, implementing proven business transformation strategies in various roles and countries across the Siemens organization.

Roman Loosen Joins Fluence as Senior Vice President, Chief Business Operations and Transformation Officer to Oversee Operational Excellence

MANILA, Philippines, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and cloud-based software for renewables and storage, and SMC Global Power Holdings Corp. (SMCGPH), won a Silver Award at the Asian Power Awards 2022 in the Battery Storage Project of the Year category. The award was given for the Kabankalan battery-based energy storage system deployed by SMCGPH in the Philippines and supplied with Fluence's Gridstack™ grid-scale energy storage product.

Fluence and SMC Global Power Holdings Win Silver Award at Asian Power Awards 2022

Clean tech has held up decently this year, despite higher interest rates. A long-term bullish case exists for many energy storage stocks as renewable power grows as a share of the generation mix.

Fluence Energy: A Bullish Technical Move On This Non-Profitable Energy Storage Stock

BANGKOK, Thailand, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and cloud-based software for renewables and storage, and the Electricity Generating Authority of Thailand (EGAT), today announced a memorandum of understanding to develop the battery-based energy storage market in Thailand. Fluence and EGAT aim to increase the deployment of energy storage to support the increased integration of renewables into the power grid and achieve Thailand's clean energy targets.

Fluence Signed an MOU with EGAT to Develop Thailand Energy Storage Market, Expand Footprint in Southeast Asia

Fluence Energy, Inc. (NASDAQ:FLNC ) Q4 2022 Earnings Conference Call December 13, 2022 8:30 AM ET Company Participants Lexington May - VP, IR Julian Nebreda - President & CEO Manavendra Sial - CFO Rebecca Boll - Chief Product Officer Conference Call Participants James West - Evercore ISI Brian Lee - Goldman Sachs George Gianarikas - Canaccord Genuity Maheep Mandloi - Credit Suisse Ben Kallo - Baird Sean McLoughlin - HSBC Pavel Molchanov - Raymond James Ryan Levine - Citi Tom Curran - Seaport Research Partners Craig Shere - Tuohy Brothers Operator Good day, and thank you for standing by. Welcome to the Fluence Energy Fourth Quarter 2022 Earnings Conference Call.

News for Fluence Energy Stock (FLNC)