Fluence Energy, Inc. (FLNC)

Fluence Energy Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	2,330	2,699	2,218	1,199	680.77	561.32
Revenue Growth (YoY)	6.08%	21.67%	85.05%	76.07%	21.28%	509.13%
Cost of Revenue	2,025	2,357	2,076	1,261	749.91	553.4
Gross Profit	304.6	341.08	141.9	-62.35	-69.14	7.92
Selling, General & Admin	246.06	236.84	177.42	153.92	60.79	34.18
Research & Development	72.64	66.2	66.31	60.14	23.43	11.54
Operating Expenses	330.92	314.46	253.56	221.17	89.33	48.73
Operating Income	-26.32	26.62	-111.66	-283.52	-158.47	-40.81
Interest Expense	-	-	-	-	-	-0.13
Interest & Investment Income	2.77	5.68	5.39	0.33	-	-
Other Non Operating Income (Expenses)	2.1	7.28	5.63	-4.63	-1.71	0.65
EBT Excluding Unusual Items	-21.45	39.57	-100.64	-287.82	-160.17	-40.29
Merger & Restructuring Charges	-0.3	-	-0.95	-	-	-
Gain (Loss) on Sale of Investments	-	-	1.32	-	-	-
Pretax Income	-21.75	39.57	-100.27	-287.82	-160.17	-40.29
Income Tax Expense	8.4	9.21	4.55	1.36	1.83	6.42
Earnings From Continuing Operations	-30.15	30.37	-104.82	-289.18	-162	-46.71
Minority Interest in Earnings	6.26	-7.65	35.2	184.69	162	46.71
Net Income	-23.88	22.72	-69.62	-104.49	-	-
Net Income to Common	-23.88	22.72	-69.62	-104.49	-	-
Shares Outstanding (Basic)	129	126	116	70	117	117
Shares Outstanding (Diluted)	129	184	116	70	117	117
Shares Change (YoY)	7.09%	58.04%	67.04%	-40.50%	-	-
EPS (Basic)	-0.19	0.18	-0.60	-1.50	-	-
EPS (Diluted)	-0.19	0.13	-0.60	-1.50	-	-
Free Cash Flow	-280.08	71.57	-114.92	-290.32	-269.56	-15.8
Free Cash Flow Per Share	-2.17	0.39	-0.99	-4.16	-2.30	-0.14
Gross Margin	13.07%	12.64%	6.40%	-5.20%	-10.16%	1.41%
Operating Margin	-1.13%	0.99%	-5.03%	-23.65%	-23.28%	-7.27%
Profit Margin	-1.03%	0.84%	-3.14%	-8.72%	-	-
Free Cash Flow Margin	-12.02%	2.65%	-5.18%	-24.22%	-39.60%	-2.81%
EBITDA	-11.64	38.2	-101.8	-276.41	-153.36	-37.79
EBITDA Margin	-0.50%	1.42%	-4.59%	-23.06%	-22.53%	-6.73%
D&A For EBITDA	14.69	11.58	9.87	7.11	5.11	3.02
EBIT	-26.32	26.62	-111.66	-283.52	-158.47	-40.81
EBIT Margin	-1.13%	0.99%	-5.03%	-23.65%	-23.28%	-7.27%
Effective Tax Rate	-	23.26%	-	-	-	-
Revenue as Reported	2,330	2,699	2,218	1,199	680.77	561.32
Advertising Expenses	-	3.3	1.4	1.4	-	-

Updated Feb 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q