Fluence Energy Inc. · Q4 2021 earnings

Briefing

Fluence reported Q4 2021 results, including revenue of $188 million and a net loss of $87 million.

Fluence Energy, Inc. reported a decrease in revenue to $188 million for the fourth quarter, compared to $239 million for the same quarter last year. The company delivered a gross loss of $59 million and a net loss of $87 million. Despite these losses, the company achieved record order intake for energy storage product, energy services, and Fluence IQ digital contracts during the fiscal year.

• Delivered total revenues of $188 million for the fourth fiscal quarter, compared to $239 million for the same quarter last year.
• Delivered a gross loss of $59 million for the fourth fiscal quarter, compared to a gross profit of $12 million for the same quarter last year.
• Delivered a net loss of $87 million for the fourth fiscal quarter, compared to a net loss of $1 million for the same quarter last year.
• Adjusted EBITDA for the fourth fiscal quarter was $(15) million, compared to $1 million for the same quarter last year.

Headline financials

Revenue & EPS history

The Company expects its fiscal year 2022 total revenue to be approximately $1.1 billion to approximately $1.3 billion.