Quarterly
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 566,926,000 | 264,407,000 | 116,199,000 | 745,438,000 | 328,091,000 | 280,652,000 | 247,382,000 | 521,841,000 | 431,616,000 | 405,110,000 | 209,454,000 | 293,421,000 | 115,999,000 | 115,798,000 | 27,054,000 |
yoy | 72.80% | -5.79% | -53.03% | 42.85% | -23.99% | -30.72% | 18.11% | 77.85% | 272.09% | 249.84% | 674.21% | ||||
qoq | 114.41% | 127.55% | -84.41% | 127.20% | 16.90% | 13.45% | -52.59% | 20.90% | 6.54% | 93.41% | -28.62% | 152.95% | 0.17% | 328.03% | |
revenue from related parties | 35,607,000 | 167,211,000 | 70,589,000 | 482,710,000 | 155,226,000 | 342,489,000 | 116,574,000 | 151,140,000 | 104,735,000 | 293,076,000 | 101,006,000 | 148,561,000 | 123,011,000 | 226,926,000 | 147,833,000 |
total revenue | 602,533,000 | 431,618,000 | 186,788,000 | 1,228,148,000 | 483,317,000 | 623,141,000 | 363,956,000 | 672,981,000 | 536,351,000 | 698,186,000 | 310,460,000 | 441,982,000 | 239,010,000 | 342,724,000 | 174,887,000 |
cost of goods and services | 513,434,000 | 389,036,000 | 165,587,000 | 1,070,679,000 | 400,272,000 | 558,961,000 | 327,570,000 | 596,699,000 | 514,531,000 | 667,373,000 | 298,420,000 | 431,243,000 | 244,207,000 | 357,472,000 | 228,036,000 |
gross profit | 89,099,000 | 42,582,000 | 21,201,000 | 157,469,000 | 83,045,000 | 64,180,000 | 36,386,000 | 76,282,000 | 21,820,000 | 30,813,000 | 12,040,000 | 10,739,000 | -5,197,000 | -14,748,000 | -53,149,000 |
yoy | 7.29% | -33.65% | -41.73% | 106.43% | 280.59% | 108.29% | 202.21% | 610.33% | -519.86% | -308.93% | -122.65% | ||||
qoq | 109.24% | 100.85% | -86.54% | 89.62% | 29.39% | 76.39% | -52.30% | 249.60% | -29.19% | 155.92% | 12.11% | -306.64% | -64.76% | -72.25% | |
gross margin % | 15.72% | 16.10% | 18.25% | 21.12% | 25.31% | 22.87% | 14.71% | 14.62% | 5.06% | 7.61% | 5.75% | 3.66% | -4.48% | -12.74% | -196.46% |
operating expenses: | |||||||||||||||
research and development | 26,011,000 | 22,119,000 | 17,195,000 | 18,352,000 | 14,976,000 | 17,427,000 | 15,440,000 | 14,676,000 | 9,918,000 | 22,551,000 | 19,162,000 | 17,915,000 | 18,129,000 | 13,340,000 | 10,758,000 |
sales and marketing | 19,822,000 | 21,189,000 | 18,202,000 | 22,571,000 | 14,773,000 | 15,792,000 | 10,706,000 | 11,815,000 | 10,106,000 | 10,401,000 | 8,792,000 | 9,560,000 | 8,398,000 | 6,191,000 | 13,059,000 |
general and administrative | 35,603,000 | 41,412,000 | 36,707,000 | 46,095,000 | 45,106,000 | 44,067,000 | 37,728,000 | 35,118,000 | 38,145,000 | 31,778,000 | 31,267,000 | 32,939,000 | 27,334,000 | 25,237,000 | 31,201,000 |
depreciation and amortization | 3,628,000 | 2,943,000 | 2,815,000 | 2,837,000 | 3,624,000 | 2,482,000 | 2,483,000 | 2,475,000 | 2,267,000 | 2,669,000 | 2,424,000 | 2,216,000 | 1,972,000 | 1,493,000 | 1,427,000 |
interest income | 1,083,000 | 391,000 | -741,000 | -1,122,000 | -1,300,000 | -1,261,000 | -1,993,000 | ||||||||
other income | -8,519,000 | -1,547,000 | 5,751,000 | -6,866,000 | 562,000 | 215,000 | -1,187,000 | -23,538,000 | 3,766,000 | 207,000 | 12,614,000 | 20,750 | -205,000 | 1,109,000 | -826,000 |
income before income taxes | 11,471,000 | -43,925,000 | -58,728,000 | 75,602,000 | 5,304,000 | -14,542,000 | -26,791,000 | 11,425,000 | -36,363,000 | -37,523,000 | -37,807,000 | -54,335,000 | -61,808,000 | -60,576,000 | -111,102,000 |
income tax expense | 4,577,000 | 128,000 | 358,000 | ||||||||||||
net income | 6,894,000 | -41,932,000 | -57,013,000 | 67,724,000 | 1,075,000 | -12,876,000 | -25,556,000 | 4,818,000 | -35,045,000 | -37,397,000 | -37,193,000 | -56,185,000 | -60,829,000 | -60,704,000 | -111,460,000 |
yoy | 541.30% | 225.66% | 123.09% | 1305.65% | -103.07% | -65.57% | -31.29% | -108.58% | -42.39% | -38.39% | -66.63% | ||||
qoq | -116.44% | -26.45% | -184.18% | 6199.91% | -108.35% | -49.62% | -630.43% | -113.75% | -6.29% | 0.55% | -33.80% | -7.63% | 0.21% | -45.54% | |
net income margin % | 1.22% | -15.86% | -49.06% | 9.09% | 0.33% | -4.59% | -10.33% | 0.92% | -8.12% | -9.23% | -17.76% | -19.15% | -52.44% | -52.42% | -411.99% |
net income attributable to non-controlling interest | 642,000 | -10,886,000 | -15,547,000 | 19,881,000 | 290,000 | -3,707,000 | -8,813,000 | 1,550,000 | -11,655,000 | -12,542,000 | -12,551,000 | -19,036,000 | -41,482,000 | -41,519,000 | |
net income attributable to fluence energy, inc. | 6,252,000 | -31,046,000 | -41,466,000 | 47,843,000 | 785,000 | -9,169,000 | -16,743,000 | 3,268,000 | -23,390,000 | -24,855,000 | -24,642,000 | -37,149,000 | -19,347,000 | -19,185,000 | -28,805,000 |
weighted-average number of class a common shares outstanding: | |||||||||||||||
basic | 130,723,258,000 | 129,985,932,000 | 129,482,668,000 | 126,180,011,000 | 127,910,081,000 | ||||||||||
diluted | 183,645,493,000 | 129,985,932,000 | 129,482,668,000 | 184,034,832,000 | 184,219,065,000 | ||||||||||
income per share of class a common stock: | |||||||||||||||
basic | 0.05 | 0.38 | 0.01 | ||||||||||||
diluted | 0.01 | 0.33 | |||||||||||||
income tax benefit | -1,993,000 | -1,715,000 | 332,000 | 4,229,000 | -1,666,000 | -1,235,000 | -514,500 | -1,318,000 | -126,000 | -614,000 | -123,250 | -979,000 | |||
loss per share of class a common stock: | |||||||||||||||
basic | -0.24 | -0.32 | |||||||||||||
diluted | -0.24 | -0.32 | |||||||||||||
impact of foreign currency translation and cash flow hedges, net of tax | -577.75 | -2,343 | |||||||||||||
total other comprehensive income | -577.75 | -2,343 | -1,603 | 1,635 | 576 | 5,079 | -1,469 | -3,585 | 3,432 | 1,631 | -20 | 299 | |||
total comprehensive loss | -9,917 | -1,268 | -14,479 | -23,921 | 5,394 | -29,966 | -38,866 | -40,778 | -52,753 | -59,198 | -60,724 | -111,161 | |||
comprehensive loss attributable to non-controlling interest | -3,227.75 | -384 | -4,170 | -8,358 | 1,746 | -9,963 | -13,036 | -13,761 | -17,875 | -40,367 | -41,533 | -82,570 | |||
total comprehensive loss attributable to fluence energy, inc. | -6,689.25 | -884 | -10,309 | -15,563 | 3,648 | -20,003 | -25,830 | -27,017 | -34,879 | -18,831 | -19,191 | -28,591 | |||
weighted-average number of class a common shares outstanding | |||||||||||||||
basic and diluted | 126,843,301,000 | 121,113,282,000 | 116,448,602,000 | 117,456,282,000 | 116,266,838,000 | 115,393,437,000 | 69,714,054,000 | 55,625,566,000 | 54,143,275,000 | 54,143,275,000 | |||||
loss per share of class a common stock | |||||||||||||||
basic and diluted | -0.07 | -0.14 | 0.03 | -0.2 | -0.21 | -0.21 | -0.27 | -0.35 | -0.35 | -0.53 | |||||
foreign currency translation gain, net of income tax benefit of (0.2) million in the three months ended march 31, 2024, 0.1 million in the six months ended march 31, 2024, and 0.1 million in the three months ended march 31, 2023, and 0.4 million six months ended march 31, 2023 | -1,603 | ||||||||||||||
foreign currency translation gain, net of income tax expense of 0.3 million in 2023 and 2022, respectively | 1,635 | ||||||||||||||
interest expense | 868,250 | 1,513,000 | 1,144,000 | 816,000 | 80,000 | 573,000 | 676,000 | 682,000 | |||||||
foreign currency translation gain, net of income tax expense of 0.0 million in the three months ended june 30, 2023, 0.4 million in the nine months ended june 30, 2023, and 0 in the three months and nine months ended june 30, 2022 | 6.25 | 5,079 | |||||||||||||
foreign currency translation gain, net of income tax expense of 0.1 million in the three months ended march 31, 2023, 0.4 million in the six months ended march 31, 2023, and 0 in the three months and six months ended march 31, 2022 | -1,469 | ||||||||||||||
foreign currency translation gain, net of income tax expense of 0.3 million in 2022, and 0 in 2021 | -3,585 | ||||||||||||||
foreign currency translation gain, net of income tax benefit of 0 in each period | 477.5 | 1,631 | -20 | 299 | |||||||||||
net income attributable to non-controlling interests | -82,655,000 | ||||||||||||||
weighted-average number of class a common shares outstanding: | |||||||||||||||
basic and diluted | 126,843,301,000 | 121,113,282,000 | 116,448,602,000 | 117,456,282,000 | 116,266,838,000 | 115,393,437,000 | 69,714,054,000 | 55,625,566,000 | 54,143,275,000 | 54,143,275,000 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
