Fluence Energy, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total revenue $561.3m
$680.8m +21.28%
$1.2b +76.07%
$2.2b +85.05%
$2.7b +21.67%
$2.3b -16.15%
$2.6b +16.31%
Cost of goods and services $553.4m
$749.9m +35.51%
$1.3b +68.15%
$2.1b +64.72%
$2.4b +13.50%
$2.0b -16.56%
$2.4b +21.30%
Gross profit $7.9m
($69.1m) -972.70%
($62.4m) +9.82%
$141.0m +326.06%
$341.1m +141.98%
$295.8m -13.28%
$245.8m -16.89%
Research and development $11.5m $23.4m $60.1m $66.3m $66.2m $86.2m $84.2m
Sales and marketing $16.2m $22.6m $37.2m $41.1m $63.8m $79.5m
General and administrative $17.9m $38.2m $116.7m $136.3m $173.0m $163.1m $166.2m
Interest expense (income), net ($5.4m) ($5.7m) $4.1m
Other income, net $648k ($270k) ($2.3m) ($7.0m) ($7.3m) ($5.4m) $20.5m
(Loss) income before income taxes ($40.3m) ($160.2m) ($287.8m) ($100.3m) $39.6m ($45.1m)
Income tax expense $6.4m $1.8m $1.4m $4.5m $9.2m $22.9m $16.5m
Basic (in shares) $69.7m $116.4m $0 ($0) $133.3m
Diluted (in shares) $69.7m $116.4m $0 ($0) $133.3m
Depreciation and amortization $3.0m $5.1m $7.1m $9.8m $11.4m $13.3m $16.0m
Net (loss) income ($46.7m) ($162.0m) ($289.2m) ($104.8m) $30.4m ($68.0m)
Net (loss) income attributable to non-controlling interest ($46.7m) ($162.0m) ($184.7m) ($35.2m) $7.7m ($19.7m)
Net (loss) income attributable to Fluence Energy, Inc. $0 $0 ($104.5m) ($69.6m) $22.7m ($48.3m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.