Fluence Energy, Inc. delivered strong third-quarter results, with revenue reaching $602.5 million, a 24.7% increase from the prior year, and net income rising to $6.9 million. The company's gross profit margin was 14.8%. Despite a robust backlog of $4.9 billion, the company adjusted its fiscal year 2025 revenue guidance to the lower end of the range due to delays in U.S. manufacturing ramp-up, with anticipated revenue shifting to fiscal year 2026.
Fluence Energy reported a significant decrease in revenue and an increased net loss for the second quarter of fiscal year 2025 compared to the same period last year. The company also lowered its full year 2025 guidance, citing uncertainty in the U.S. market due to tariff policy.
Fluence Energy, Inc. announced its first fiscal quarter 2025 results with revenue of $186.8 million, a 49% decrease year-over-year, primarily due to the backend-loaded nature of expected revenue for fiscal year 2025. Despite the revenue decline, GAAP gross profit margin improved to 11.4% from 10.0% in the prior year. The company reported a net loss of $57.0 million and a record backlog of $5.1 billion.
Fluence Energy, Inc. reported record revenue for fiscal year 2024 of approximately $2.7 billion and revenue for the fourth quarter of approximately $1.2 billion, representing an increase of approximately 22% from fiscal year 2023 and an increase of approximately 82% from the same quarter last year, respectively. Net income for the fourth quarter improved to $67.7 million. Quarterly order intake was approximately $1.2 billion, and backlog increased to approximately $4.5 billion.
Fluence Energy, Inc. announced its Q3 2024 results, featuring a record $1.3 billion in quarterly order intake and a record $4.5 billion backlog. The company reported revenue of $483.3 million, a net income of $1.1 million, and an adjusted EBITDA of $15.6 million. The fiscal year 2024 revenue guidance was narrowed to $2.7 billion to $2.8 billion, and the adjusted EBITDA range was narrowed to $55 million to $65 million.
Fluence reported Q2 revenue of $623.1 million and increased its total cash position to more than $540 million. The company achieved its third consecutive quarter of double-digit gross margins.
Fluence Energy, Inc. reported a 17% increase in quarterly revenue to $364.0 million, with GAAP gross profit margin improving to 10.0%. The company's contracted backlog reached approximately $3.7 billion. They are reaffirming fiscal year 2024 guidance.
Fluence Energy, Inc. reported a successful fourth quarter and fiscal year 2023, marked by record annual revenue of $2.2 billion and achieving profitability for the first time. The company's strong order intake and total cash position indicate a positive outlook for fiscal year 2024.
Fluence Energy, Inc. reported a strong third quarter for fiscal year 2023, marked by a 124% year-over-year increase in revenue to $536.4 million. The company's GAAP gross profit margin improved to 4.1%, and it reduced its net loss to $35.0 million. Fluence also raised its full fiscal year 2023 revenue guidance to $2.0-$2.1 billion and adjusted gross profit guidance to $117-$132 million.
Fluence Energy, Inc. announced record quarterly revenue of approximately $698 million, a 104% increase year-over-year. The company's GAAP gross profit margin improved to approximately 4.4%, and the net loss decreased to $37.4 million. Due to this strong performance, Fluence is raising its Fiscal Year 2023 guidance.
Fluence Energy, Inc. announced its results for the three months ended December 31, 2022, with a revenue of $310.5 million, representing a 78% increase year-over-year. The company's GAAP gross profit margin improved to approximately 3.9%, and the adjusted gross profit margin improved to approximately 4.7%. The company is raising its fiscal year 2023 total revenue guidance to approximately $1.6 billion to $1.8 billion.
Fluence Energy, Inc. reported a strong fourth quarter with record revenue of $442 million and positive gross profit. The company also highlighted a strong order intake of $560 million and a total backlog of $2.2 billion.
Fluence Energy, Inc. reported its third quarter 2022 results, with revenue of $239 million, a gross profit margin of approximately negative 2%, and a net loss of $61 million. The company's total cash and cash equivalents were approximately $762 million as of June 30, 2022. Despite a revenue decrease, the company is focused on improving gross profit and maintaining a strong liquidity position.
Fluence Energy, Inc. reported a record revenue of $343 million for the second fiscal quarter, a 249% increase year-over-year. The company experienced a net loss of $(61) million, compared to a net loss of $(24) million in the same quarter last year. Strong order intake and backlog conversion were key highlights, with a total backlog of $2.2 billion as of March 31, 2022.
Fluence Energy, Inc. reported a 50% increase in total revenues compared to the same quarter last year, driven by strong order intake. However, the company experienced a significant net loss and adjusted EBITDA loss due to delayed revenue recognition and supply chain disruptions. The company reaffirmed its fiscal year 2022 total revenue guidance of $1.1 to $1.3 billion.
Fluence Energy, Inc. reported a decrease in revenue to $188 million for the fourth quarter, compared to $239 million for the same quarter last year. The company delivered a gross loss of $59 million and a net loss of $87 million. Despite these losses, the company achieved record order intake for energy storage product, energy services, and Fluence IQ digital contracts during the fiscal year.