Fluence Corporation Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	16.64	8.95	24.64	30.94	41.36
Short-Term Investments	0.01	0.03	3.56	4.04	11.4
Cash & Short-Term Investments	16.65	8.97	28.19	34.97	52.76
Cash Growth	85.55%	-68.18%	-19.39%	-33.71%	13.70%
Accounts Receivable	23.57	36.44	33.7	46.35	33.91
Other Receivables	-	2.47	1.59	2.19	3.08
Receivables	23.57	38.9	35.3	48.54	36.98
Inventory	4.59	5.8	5.69	8.55	13.88
Prepaid Expenses	3.15	-	-	-	10.09
Restricted Cash	-	-	0.09	0.09	0.11
Other Current Assets	0.34	3.15	5.03	8.5	0.98
Total Current Assets	48.3	56.82	74.3	100.66	114.81
Property, Plant & Equipment	9.03	8.01	8.15	8.85	12.58
Long-Term Investments	-	0.31	0.33	0.35	0.55
Other Intangible Assets	2.85	2.5	2.77	2.62	2.88
Long-Term Deferred Tax Assets	1.71	1.89	1.97	-	0.16
Long-Term Deferred Charges	-	0.97	1.14	1.62	3.73
Other Long-Term Assets	4.2	3.62	4.48	9.53	14.42
Total Assets	66.08	74.11	93.13	123.62	149.14
Accounts Payable	32.88	10.8	8.16	17.45	11.74
Accrued Expenses	-	24.65	25.05	33.24	36.91
Short-Term Debt	18.19	-	-	-	-
Current Portion of Long-Term Debt	-	3.17	15.75	1.27	1.94
Current Portion of Leases	0.48	0.48	0.98	0.97	1.53
Current Income Taxes Payable	0.12	0.09	0.71	0.12	0.04
Current Unearned Revenue	7.02	22	22.53	26.73	36.66
Other Current Liabilities	2.51	1.96	4.38	6.17	3.16
Total Current Liabilities	61.2	63.15	77.55	85.94	91.97
Long-Term Debt	-	17.5	2.09	30	30.09
Long-Term Leases	0.65	0.3	0.5	2.13	4.48
Long-Term Unearned Revenue	15.04	0.15	0.23	1.78	4.77
Pension & Post-Retirement Benefits	-	0.47	0.51	0.53	0.91
Long-Term Deferred Tax Liabilities	-	0.03	0.05	0.33	0.9
Other Long-Term Liabilities	0.52	-	-	-	0.04
Total Liabilities	77.4	81.6	80.91	120.7	133.15
Common Stock	234.81	232.61	232.31	207.44	203.73
Retained Earnings	-245.59	-236.28	-214.88	-198.87	-182.67
Comprehensive Income & Other	1.54	-1.61	-3.25	-3.67	-3.17
Total Common Equity	-9.25	-5.27	14.18	4.91	17.89
Minority Interest	-2.08	-2.22	-1.97	-1.99	-1.9
Shareholders' Equity	-11.33	-7.49	12.22	2.92	15.99
Total Liabilities & Equity	66.08	74.11	93.13	123.62	149.14
Total Debt	19.31	21.45	19.31	34.36	38.03
Net Cash (Debt)	-2.67	-12.48	8.88	0.62	14.73
Net Cash Growth	-	-	1344.07%	-95.82%	-17.99%
Net Cash Per Share	-0.00	-0.01	0.01	0.00	0.02
Filing Date Shares Outstanding	1,103	1,081	1,076	650.55	624.85
Total Common Shares Outstanding	1,103	1,081	1,076	650.55	624.85
Working Capital	-12.9	-6.33	-3.26	14.72	22.83
Book Value Per Share	-0.01	-0.00	0.01	0.01	0.03
Tangible Book Value	-12.09	-7.77	11.41	2.29	15
Tangible Book Value Per Share	-0.01	-0.01	0.01	0.00	0.02
Land	-	0.13	0.01	0.01	0.02
Buildings	-	4.88	4.48	4.12	4.49
Machinery	-	8.17	12.28	12.38	12.63
Order Backlog	-	60	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.