NASDAQ$FLNC
Fluence Energy Inc. · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Fluence reported record performance driven by dedication, operational efficiency, and commitment to delivering value.
Fluence Energy, Inc. reported record revenue for fiscal year 2024 of approximately $2.7 billion and revenue for the fourth quarter of approximately $1.2 billion, representing an increase of approximately 22% from fiscal year 2023 and an increase of approximately 82% from the same quarter last year, respectively. Net income for the fourth quarter improved to $67.7 million. Quarterly order intake was approximately $1.2 billion, and backlog increased to approximately $4.5 billion.
- Record revenue for fiscal year 2024 of approximately $2.7 billion and revenue for the fourth quarter of approximately $1.2 billion, representing an increase of approximately 22% from fiscal year 2023 and an increase of approximately 82% from the same quarter last year, respectively.
- GAAP gross profit margin improved to approximately 12.8% for the fourth quarter compared to approximately 11.3% for the same quarter last year.
- Net income of approximately $67.7 million for the fourth quarter, improved from net income of approximately $4.8 million, for the same quarter last year.
- Quarterly order intake of approximately $1.2 billion, compared to approximately $737 million for the same quarter last year.
Headline financials
Revenue & EPS history
Fluence · Revenue · Quarterly
$1.23B
Forward guidance
The Company is initiating fiscal year 2025 guidance as follows:
Tailwinds
- Revenue of approximately $3.6 billion to $4.4 billion with a midpoint of $4.0 billion.
- Approximately 65% of the midpoint of the Company's revenue guidance is covered by the Company's current backlog, in line with our fiscal 2024 revenue coverage at the same time period last year.
- Adjusted EBITDA of approximately $160 million to $200 million with a midpoint of $180 million.
- Annual recurring revenue ("ARR") of about $145 million by the end of fiscal year 2025.
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 Q4 2024
+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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