FLNC
$5.93+1.19%
Fluence Energy Inc.Stock · UtilitiesRussell 2000 · 0.05% of IWMNasdaq Composite · 0.006% of ONEQRussell 3000 · 0.003% of IWVUS Stock Market · 0.002% of VTI
FLNC financial statements
The full income statement, balance sheet, and cash-flow statement for Fluence Energy Inc. (FLNC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 184.2M2024-09 360.3M2024-12 129.5M2025-03 130.0M2025-06 183.6M2025-09 51.5M2025-12 131.5M2026-03 132.5M2026-06 138.1M-25.0% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| Revenue | 2.26B-16.1% | 2.70B+21.7% | 2.22B+85.0% | 1.20B+76.1% | 681M+21.3% | |
| 296M-13.3% | 341M+142.0% | 141M+326.1% | -62.4M+9.8% | -69.1M-972.7% | ||
| Cost of revenue | 1.97B-16.6% | 2.36B+13.5% | 2.08B+64.7% | 1.26B+68.1% | 750M+35.5% | |
| Research & development | 86.2M+30.2% | 66.2M-0.2% | 66.3M+10.3% | 60.1M+156.7% | 23.4M+103.1% | |
| Selling, general & administrative | 163M-5.7% | 173M+26.9% | 136M+16.8% | 117M+205.8% | 38.2M+112.7% | |
| General & administrative | 163M-5.7% | 173M+26.9% | 136M+16.8% | 117M+205.8% | 38.2M+112.7% | |
| Selling & marketing | 79.5M+24.5% | 63.8M+55.3% | 41.1M+10.5% | 37.2M+64.5% | 22.6M+39.3% | |
| Amortization of intangibles | 12.7M+39.6% | 9.10M+37.9% | 6.60M+43.5% | 4.60M+27.8% | 3.60M+44.0% | |
| Interest expense | 500K-87.8% | 4.10M+70.8% | 2.40M+18.9% | 2.02M+40.6% | 1.44M+1021.1% | |
| Interest & investment income | 500K-88.6% | 4.40M+29.4% | 3.40M | — | — | |
| Net interest income | — | 5.68M+5.3% | 5.39M+1552.8% | 326K+122.7% | -1.44M | |
| Other non-operating income | 5.38M-26.1% | 7.28M+4.7% | 6.95M+250.3% | -4.63M-1613.0% | -270K-141.7% | |
| Pre-tax income | -45.1M-213.9% | 39.6M+139.5% | -100M+65.2% | -288M-79.7% | -160M-297.6% | |
| Income tax | 22.9M+148.9% | 9.21M+102.4% | 4.55M+235.2% | 1.36M-25.8% | 1.83M-71.5% | |
| -48.3M-312.7% | 22.7M+132.6% | -69.6M+33.4% | -104M+35.5% | -162M-246.8% | ||
| Net income to non-controlling interest | -19.7M-357.2% | 7.65M+121.7% | -35.2M+80.9% | -185M-14.0% | -162M-246.8% | |
| Net income to common | -48.3M-312.7% | 22.7M+132.6% | -69.6M+33.4% | -104M | — | |
| -$0.37-384.6% | $0.13+121.7% | -$0.60+60.0% | -$1.50 | — | ||
| EPS (basic) | -$0.37-305.6% | $0.18+130.0% | -$0.60+60.0% | -$1.50 | — | |
| Weighted-avg shares (basic) | 130M+3.3% | 126M+8.4% | 116M+67.0% | 69.7M | — | |
| Weighted-avg shares (diluted) | 130M-29.2% | 184M+58.0% | 116M+67.0% | 69.7M | — | |
| Balance Sheet | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| 2.06B+22.8% | 1.68B+40.6% | 1.19B-25.4% | 1.60B+142.1% | 662M | ||
| Cash & equivalents | 691M+54.0% | 449M+29.7% | 346M-3.2% | 357M+870.1% | 36.8M-61.3% | |
| Short-term investments | — | 0.00 | 0.00-100.0% | 110M | 0.00 | |
| Accounts receivable | 273M+26.0% | 216M+109.3% | 103M+19.2% | 86.8M+51.1% | 57.4M | |
| Inventory | 455M+149.2% | 183M-18.8% | 225M-65.5% | 653M+67.5% | 390M | |
| Prepaid expenses | 21.7M+108.9% | 10.4M+198.8% | 3.47M+65.6% | 2.10M-15.5% | 2.48M | |
| Other current assets | 54.7M+17.5% | 46.5M+49.7% | 31.1M+16.7% | 26.6M-14.5% | 31.2M | |
| 2.36B+23.9% | 1.90B+40.7% | 1.35B-22.5% | 1.75B+143.2% | 718M | ||
| Property, plant & equipment | 50.3M+227.8% | 15.3M+20.2% | 12.8M-7.2% | 13.8M+67.6% | 8.21M | |
| Operating lease right-of-use | 11.3M+37.5% | 8.19M+186.5% | 2.86M+18.9% | 2.40M | 0.00 | |
| Goodwill | 28.6M+4.0% | 27.5M+5.6% | 26.0M+4.7% | 24.9M+170.8% | 9.18M+94.0% | |
| Intangible assets | 63.4M+5.7% | 60.0M+7.6% | 55.8M+7.8% | 51.7M+43.4% | 36.1M | |
| Deferred tax assets | 4.05M-54.4% | 8.88M+10225.6% | 86.0K-97.2% | 3.03M+155.7% | 1.18M | |
| Other non-current assets | 146M+33.0% | 110M+247.8% | 31.6M+19.6% | 26.5M+1912.2% | 1.31M | |
| Total non-current assets | 293M+32.0% | 222M+41.1% | 157M+9.1% | 144M+156.6% | 56.2M | |
| 1.37B+8.9% | 1.26B+68.8% | 746M-32.8% | 1.11B+43.8% | 771M | ||
| Accounts payable | 321M-26.5% | 437M+568.0% | 65.4M-78.6% | 305M+92.5% | 158M | |
| Accrued liabilities | 246M-27.2% | 338M+92.3% | 176M-4.3% | 184M-1.3% | 186M | |
| Short-term & current debt | 0.00-100.0% | 30.4M+34.7% | 22.5M | 0.00 | — | |
| Current lease liability | 6.79M+121.6% | 3.06M+95.3% | 1.57M-9.4% | 1.73M | 0.00 | |
| Other current liabilities | 20.6M-15.1% | 24.2M+45.1% | 16.7M+87.1% | 8.93M+360.1% | 1.94M | |
| Finance lease liability (current) | 3.49M | 0.00 | — | — | — | |
| 1.81B+39.6% | 1.30B+62.7% | 796M-28.7% | 1.12B+44.3% | 774M | ||
| Long-term debt | — | 0.00-100.0% | 28.0M | 0.00 | — | |
| Non-current lease liability | 5.04M-8.2% | 5.49M+311.7% | 1.33M+31.9% | 1.01M | 0.00 | |
| Operating lease liability (total) | 11.8M+38.3% | 8.56M+194.7% | 2.90M+5.8% | 2.74M | — | |
| Finance lease liability (total) | 3.49M | — | — | — | — | |
| Finance lease liability | 0.00 | 0.00 | — | — | — | |
| Deferred tax liabilities | 9.53M+34.0% | 7.11M+48.4% | 4.79M-1.7% | 4.88M | 0.00 | |
| Other non-current liabilities | 37.4M+28.7% | 29.1M+67.8% | 17.3M+722.9% | 2.11M-11.5% | 2.38M | |
| Total non-current liabilities | 438M+1108.9% | 36.2M-27.8% | 50.2M+618.3% | 6.98M+193.3% | 2.38M | |
| 430M-9.0% | 472M+17.3% | 402M-7.7% | 436M+351.3% | -173M | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | — | |
| Additional paid-in capital | 628M-1.1% | 635M+9.2% | 581M+7.1% | 543M | — | |
| Retained earnings | -200M-31.9% | -151M+13.0% | -174M-66.6% | -105M+62.6% | -279M | |
| Treasury stock | 10.2M+8.0% | 9.46M+21.3% | 7.80M+55.5% | 5.01M | — | |
| Accumulated other comprehensive income | 11.6M+731.1% | -1.84M-157.5% | 3.20M+15.0% | 2.78M+1076.8% | -285K | |
| Non-controlling interest | 119M-11.7% | 135M-12.3% | 154M-20.4% | 193M | — | |
| Total equity incl. non-controlling | 549M-9.6% | 607M+9.1% | 556M-11.6% | 629M+462.8% | -173M | |
| Total liabilities & equity | 2.36B+23.9% | 1.90B+40.7% | 1.35B-22.5% | 1.75B+143.2% | 718M | |
| Common shares issued | 51.5M | — | — | — | — | |
| Common shares outstanding | 51.5M | — | — | — | — | |
| Cash Flow | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| -146M-282.6% | 79.7M+171.2% | -112M+60.4% | -282M-6.5% | -265M-1792.6% | ||
| Depreciation & amortization | 29.3M+102.6% | 14.5M+35.8% | 10.7M+50.0% | 7.11M+39.0% | 5.11M+69.4% | |
| Intangible amortization | 12.7M+39.6% | 9.10M+37.9% | 6.60M+43.5% | 4.60M+27.8% | 3.60M+44.0% | |
| Share-based compensation | 19.5M-18.1% | 23.9M-11.4% | 26.9M-39.0% | 44.1M | 0.00 | |
| Deferred income taxes | 6.35M+194.5% | -6.72M-364.3% | 2.54M+392.6% | 516K+138.3% | -1.35M-170.8% | |
| Change in receivables | 56.7M-50.5% | 115M+755.2% | 13.4M-54.1% | 29.2M+15.2% | 25.3M+0.7% | |
| Change in inventory | 279M+1382.6% | -21.7M+95.0% | -433M-263.0% | 265M-27.6% | 367M+1277.1% | |
| Change in payables | -119M-132.2% | 370M+252.8% | -242M-261.0% | 151M+103.6% | 73.9M+17.2% | |
| -29.8M-57.0% | -19.0M-120.1% | 94.4M+163.6% | -148M-565.8% | -22.3M-222.3% | ||
| Capital expenditure | 14.9M+83.4% | 8.12M+171.5% | 2.99M-62.3% | 7.93M+84.9% | 4.29M+141.1% | |
| Free cash flow | -160M-324.1% | 71.6M+162.3% | -115M+60.4% | -290M-7.7% | -270M-1606.5% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 29.2M+62.3% | 18.0M | |
| 357M+4213.4% | -8.68M-116.5% | 52.6M-93.6% | 817M+253.5% | 231M+9145.0% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00-100.0% | 2.78M-44.5% | 5.01M | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | — | — | 0.00 | 0.00-100.0% | 3.19M | |
| FX effect on cash | 14.4M+264.9% | 3.94M+288.1% | -2.10M-138.8% | 5.40M+1087.4% | -547K-141.2% | |
| Net change in cash | 196M+250.0% | 56.0M+69.6% | 33.0M-91.6% | 392M+787.3% | -57.0M-809.5% | |
| Interest paid | 9.30M+207.6% | 3.02M+29.4% | 2.34M+107.3% | 1.13M-8.3% | 1.23M | |
| Income taxes paid | 19.0M+615.6% | 2.66M+114.6% | 1.24M-40.0% | 2.07M-67.8% | 6.42M+192.0% | |
| Valuation Ratios | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| Market cap | 556M-93.2% | 8.18B+203.0% | 2.70B+61.0% | 1.68B | — | |
| P/E | — | 360.2× | — | — | — | |
| P/S | 0.2×-91.9% | 3.0×+123.1% | 1.4×-2.9% | 1.4× | — | |
| P/B | 1.3×-92.5% | 17.3×+152.0% | 6.9×+78.7% | 3.8× | — | |
| P/FCF | — | 114.3× | — | — | — | |
| Earnings yield | — | 0.28% | — | — | — | |
| FCF yield | — | 0.87% | — | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: FLNC’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FLNC filings on SEC EDGAR → Not investment advice.