NASDAQ$FLNC
Fluence Energy Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Fluence reported robust top-line performance and order intake, highlighting strong demand for energy storage.
Fluence Energy, Inc. reported a record revenue of $343 million for the second fiscal quarter, a 249% increase year-over-year. The company experienced a net loss of $(61) million, compared to a net loss of $(24) million in the same quarter last year. Strong order intake and backlog conversion were key highlights, with a total backlog of $2.2 billion as of March 31, 2022.
- Entered into 582 MW of energy storage product contracts, demonstrating strong demand.
- Entered into 343 MW of energy service contracts.
- Entered into a record 2,791 MW of Fluence IQ digital contracts.
- Achieved substantial completion on four Gen 6 products totaling 191 MW.
Headline financials
Revenue & EPS history
Fluence · Revenue · Quarterly
$343M
Forward guidance
The Company reaffirms previously provided fiscal year 2022 total revenue guidance between $1.1 billion to $1.3 billion. Based on the ongoing COVID-19 related lockdowns in China resulting in energy storage product shipping delays, we see an increased risk that some of our anticipated project-related revenue will shift into the next fiscal year. As a result, we anticipate that our fiscal year 2022 total revenue will trend near the lower end of our previously announced guidance range.
Headwinds
- Ongoing COVID-19 related lockdowns in China are resulting in energy storage product shipping delays.
- There is an increased risk that some of the anticipated project-related revenue will shift into the next fiscal year.
- Fiscal year 2022 total revenue is expected to trend near the lower end of the previously announced guidance range.
- New supply chain environment has elongated expectations for project completion and revenue recognition
- COVID-19 driven lockdown in China, delaying production of certain components scheduled for the near term
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 17 quarterly earnings reports · overlaid with Q2 2022
+0.7%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+1.8%
Avg return
30 days after
50%
9 / 18 earnings
Positive
+39.4%
Q2 2026
Best reaction
-46.4%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +39.4% | +56.9% | +68.8% | |
| Q1 2026 | -34.6% | -34.5% | -49.0% | |
| Q4 2025 | +6.5% | +24.3% | +25.5% | |
| Q2 2025 | +7.6% | +28.2% | +4.7% | |
| Q1 2025 | -46.4% | -50.8% | -60.1% | |
| Q4 2024 | -17.5% | -18.3% | -29.9% | |
| Q3 2024 | +10.9% | +9.8% | +27.8% | |
| Q2 2024 | -9.9% | -16.4% | +7.4% | |
| Q1 2024 | +10.1% | +13.1% | -21.4% | |
| Q4 2023 | +31.4% | +3.9% | +41.7% | |
| Q3 2023 | -5.8% | -12.7% | -4.1% | |
| Q2 2023 | +8.2% | +25.3% | +30.3% | |
| Q1 2023 | +8.7% | -2.2% | -19.0% | |
| Q4 2022 | +36.7% | +25.3% | +34.3% | |
| Q3 2022 | -4.4% | -9.5% | +6.2% | |
| Q2 2022 | -23.4% | -7.0% | +13.3% | |
| Q1 2022 | -2.6% | -18.4% | -30.3% | |
| Q4 2021 | -1.7% | +2.7% | -14.0% | |
| Q3 2021 | — | — | — | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — | |
| Q4 2020 | — | — | — |
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