To the full analysis
Fluence Energy stock: growth
FLNCFluence Energy reported $2.26B in revenue for fiscal 2025, down 16.1% on the prior year, up 32.2% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
70.5%
per year from 2019 to 2025, per share 45.1%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2019 | |
|---|---|---|
| Revenue | 32.2% | 70.5% |
| Revenue per share | 8.9% | 45.1% |
| Earnings | no data | no data |
| Earnings per share | no data | no data |
| Free cash flow | no data | no data |
| Free cash flow per share | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2019 | $92.15M | −$46.98M | $24.95M |
| 2020 | $561.32M | −$46.71M | −$15.8M |
| 2021 | $680.77M | −$162M | −$269.56M |
| 2022 | $1.2B | −$104.49M | −$290.32M |
| 2023 | $2.22B | −$69.62M | −$124.15M |
| 2024 | $2.7B | $22.72M | $60.71M |
| 2025 | $2.26B | −$48.31M | −$175.34M |
Revenue by segment
How Fluence Energy, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Product96%
- Service4%
- Other< 1%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|
| Product | $1.18B | $2.2B | $2.65B | $2.17B | 96% |
| Service | no data | $15.99M | $45.35M | $84.44M | 3.7% |
| Other | $18.51M | $0 | $0 | $0 | 0% |
| Total revenue | $1.2B | $2.22B | $2.7B | $2.26B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 30 Sep 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 31 Oct 2022)
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.