NASDAQ$FLNC

Fluence Energy Inc. · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Fluence Energy reported fiscal Q4 and full-year 2025 results with revenue growth and backlog commentary in its earnings release.

The energy-storage integrator discussed project timing, supply chain, and services mix as drivers of quarterly performance, with outlook tied to grid-scale battery deployments and recurring service revenue.

  • Storage project revenue and services mix drive quarterly results.
  • Backlog and pipeline support multi-year growth thesis.
  • Supply chain and execution timing affect margin quarter to quarter.
  • Grid decarbonization tailwinds support long-term demand.

Headline financials

Total Revenue

$728M

Previous: $1.23B-40.7%
EPS (adj)

-$0.52

Previous: $0.34-252.9%
Total Backlog

$5.3B

Previous: $4.5B+17.8%
Annual Recurring Revenue

$148M

No prior period
Energy Storage Products Contracted (GW)

1.5

Previous: 1.4+7.1%
Service Contracts Contracted (GW)

2.4

Previous: 1+140.0%
Digital Contracts Contracted (GW)

1.2

Previous: 4.5-73.3%
Energy Storage Products Deployed (GW)

6.8

Previous: 5+36.0%
Service Contracts Assets Under Management (GW)

5.6

Previous: 4.3+30.2%
Digital Contracts Assets Under Management (GW)

22

Previous: 18.3+20.2%
Pipeline

$35.70

Previous: $25.80+38.4%
Services Pipeline (GW)

29.4

Previous: 25.6+14.8%
Digital Pipeline (GW)

63.7

Previous: 64.5-1.2%
Net Income

-$89M

Previous: $67.7M-231.4%
Operating Income

$6.83M

Previous: $75.6M-91.0%
Gross Profit

$143M

Previous: $157M-9.3%

Revenue & EPS history

Fluence · Revenue · Quarterly

$728M

Q4 2025-40.7%vs Q4 2024
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Forward guidance

The release discusses Fluence Energy's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • Fluence Energy cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • GAAP profitability remained under pressure in Q4 2025.
  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.

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 2025

Historical avgQ4 2025

+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

Earnings price reactions
QuarterReport dateReaction (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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