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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.

Last Updated: October 21, 2026

FLNC

$6.00

+$0.07 (+1.18%)

Oct 21, 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 Oct 21, 2026
Trading
Open
$6.09
Previous Close
$5.93
Day's Range
5.93–6.16
52-Week Range
5.66–33.51
Volume
3.72M
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.
2.77
Valuation
Market Cap
$1.17B
P/E Ratio
unprofitable
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.
0.44
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.60
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
−63.10%
Dividend and dates
Earnings Date
November 23, 2026estimated
Avg Volume
7.48M

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

Key facts

As of October 21, 2026, FLNC closed at $6.00, −63.10% over 1 year.

Fluence Energy, Inc. (FLNC) has a market capitalization of $1.17B.

In fiscal 2025, FLNC reported revenue of $2.26B.

FLNC Stock Return by Calendar Year

Fluence Energy, Inc. (FLNC) return since Oct 2021: what $10,000 became

1 year
$10,000 $3,690
−63.10%
5 years
$10,000 $1,714
−82.86%

If you had invested $10,000 in Fluence Energy, Inc. (FLNC) at the close on October 28, 2021, the earliest close on record here, it would have been worth $1,714 at the close on October 21, 2026: −82.86% in total, −29.72% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

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

YearReturn
2026 (partial year)−69.67%
2025+24.56%
2024−33.42%
2023+39.07%
2022−51.77%
2021 (partial year)+1.60%

As of October 21, 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 26 stocks
MetricFLNCUtilities - Renewable medianvs median
P/S ratio0.441.950.2x the median
Profit margin−3.07%−1.26%1.8 pts below

Medians across 26 Utilities - Renewable stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

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

Analysis

Data-derived

Company Overview

The market values Fluence Energy, Inc. (FLNC) at $1.17B. 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 $6.00, dated October 21, 2026. That is +$0.07 (+1.18%) against the previous close. Over the past 52 weeks the price has ranged from $5.66 to $33.51. The latest close sits 6.01% 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 1.8 percentage points below the Utilities - Renewable median of −1.26%. Earnings per share on a trailing basis come to −0.6.

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 PEG ratio, which sets the P/E against expected earnings growth, reads 3.18. Measured against sales, the shares trade at 0.44 times revenue. On price-to-sales that is 0.2 times the Utilities - Renewable median of 1.95. 26 Utilities - Renewable companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the total return is −63.10%. Across 5 years the annualized return works out at −29.72%. The reported beta is 2.77. Annualized volatility over the trailing 5 years is 97.62%.

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 total return is −69.67%.

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 $1.17B —
Brookfield Renewable Partners L.P. BEP $13.73B —
Enlight Renewable Energy Ltd ENLT $10.05B 117.8
Clearway Energy, Inc. CWEN $7.80B 41.1

The Utilities - Renewable industry average P/E ratio is 42.5x. 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 daily rebuild. Informational only, not financial advice. As of October 21, 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; Fluence Mosaic, a conventional bidding software; and Fluence Nispera, an asset performance management (APM) software. 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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