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NASDAQ · Utilities - Renewable · USD

Fluence Energy, Inc. (FLNC) Stock Analysis

Fluence Energy, Inc. (FLNC) is a Utilities - Renewable stock listed on NASDAQ and quoted in US Dollar.

FLNC

$10.35

+$0.15 (+1.47%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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FLNC Key Statistics

As of Sep 4, 2026
Trading
Open
$10.11
Previous Close
$10.20
Day's Range
10.05–10.37
52-Week Range
6.60–33.51
Volume
3.30M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
2.74
Valuation
Market Cap
$1.92B
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
75.21
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
3.18
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.73
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.61
Financials (FY)
Revenue (FY)
$2.26B−16.15%
Net Income (FY)
−$48.31M−312.69%
Profit marginThe share of revenue left as profit after all costs and taxes.
−3.07%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
143.16M
1-Year Return
+53.33%
Dividend and dates
Earnings Date
November 23, 2026estimated
Avg Volume
8.49M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

FLNC Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−47.67%
2025+24.56%
2024−33.42%
2023+39.07%
2022−51.77%
2021 (partial year)+1.60%

As of September 4, 2026.

FLNC Revenue and Earnings by Fiscal Year

FY ends September
Fiscal yearRevenueNet incomeNet margin
2025$2.26B−$48.31M−2.1%
2024$2.70B$22.72M0.8%
2023$2.22B−$69.62M−3.1%
2022$1.20B−$104.49M−8.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$2.26B$295.79M−$46.34M−$48.31M−2.1%
2024$2.70B$341.08M$26.62M$22.72M0.8%
2023$2.22B$140.96M−$112.61M−$69.62M−3.1%
2022$1.20B−$62.35M−$283.52M−$104.49M−8.7%

Annual figures as reported, in the company's reporting currency. As of September 30, 2025.

FLNC Valuation vs Utilities - Renewable Median

Median of 28 stocks
MetricFLNCUtilities - Renewable medianvs median
P/S ratio0.732.570.3x the median
Profit margin−3.07%0.00%3.1 pts below

Medians across 28 Utilities - Renewable stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 19 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Fluence Energy, Inc. (FLNC) at $1.92B. The company sits in the Utilities sector, in the Utilities - Renewable industry. The company reports 1,670 employees.

The most recent close on file for FLNC is $10.35, dated September 4, 2026. That is +$0.15 (+1.47%) against the previous close. Over the past 52 weeks the price has ranged from $6.60 to $33.51. The latest close sits 56.77% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $2.26B. Against the prior fiscal year total of $2.70B, that is a change of −16.15%. The same year closed with a net loss of $48.31M. The reported profit margin is −3.07%. That is 3.1 percentage points below the Utilities - Renewable median of 0%. Earnings per share on a trailing basis come to −0.61.

Across the 4 fiscal years on file, revenue moves from $1.20B in 2022 to $2.26B in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. The forward P/E on file is 75.21. The PEG ratio, which sets the P/E against expected earnings growth, reads 3.18. Measured against sales, the shares trade at 0.73 times revenue. On price-to-sales that is 0.3 times the Utilities - Renewable median of 2.57. 28 Utilities - Renewable companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the price has returned +53.33%. Across 3 years the annualized return works out at −27.84%. The reported beta is 2.74. Annualized volatility over the trailing 4 years is 97.42%.

Growth & Income

No dividend is on file for FLNC.

Across the complete calendar years on file, 2023 returned +39.07% and 2022 returned −51.77%. Of the 4 complete calendar years on file, 2 finished higher. So far in 2026 the price is −47.67%.

Peer Comparison

Fluence Energy, Inc. (FLNC) operates in the Utilities - Renewable industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Fluence Energy, Inc. FLNC $1.92B —
AXIA Energia SA AXIA $23.29B 10.0
Brookfield Renewable Partners L.P. BEP $15.28B —
Enlight Renewable Energy Ltd ENLT $11.04B 129.4

The Utilities - Renewable industry average P/E ratio is 29.2x. Fluence Energy, Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Fluence Energy, Inc.

Fluence Energy, Inc., through its subsidiaries, provides energy storage and optimization software for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It sells energy storage products with integrated hardware, software, and digital intelligence. The company's energy storage products include Gridstack Pro, a large-scale front-of-the-meter application; Gridstack, a front-of-the-meter application; Ultrastack for critical system requirements of distribution and transmission networks; Smartstack, a split architecture design, incorporating embedded intelligence and higher energy density compared to traditional AC systems. The company also provides operational and maintenance services; and digital applications. It serves independent power producers, developers, conglomerates, utilities/load-serving entities, and commercial and industrial customers. Fluence Energy, Inc. was founded in 2018 and is headquartered in Arlington, Virginia.

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