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Fluence Energy, Inc. Reports Third Quarter 2025 Results; Reaffirms Fiscal Year 2025 Guidance
ARLINGTON, Va., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a global market leader delivering
About this update from Fluence Energy, Inc.
[{"type":"text","content":"ARLINGTON, Va., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced its results for the three and nine months ended June 30, 2025. Financial Highlights for Fiscal Quarter ended June 30, 2025 Revenue of approximately $602.5 million, which represents an increase of approximately 24.7% from the same quarter last year, primarily driven by the significantly weighted second half compared to the revenue distribution seen in full year 2024.GAAP gross profit margin was approximately 14.8%, compared to approximately 17.2% for the same quarter last year. Adjusted gross profit margin1 was approximately 15.4%, compared to approximately 17.5% for the same quarter last year.Net income of approximately $6.9 million, compared to approximately $1.1 million for the same quarter last year.Adjusted EBITDA1 of approximately $27.4 million, compared to approximately $15.6 million for the same quarter last year.Signed approximately $508.8 million of order intake in the third fiscal quarter, bringing backlog as of June 30, 2025 to approximately $4.9 billion. In addition, in July and August to date, the Company has signed approximately $1.1 billion of contracts, including two contracts in Australia. Total Cash2 of approximately $459.9 million as of June 30, 2025, reflecting planned investments in working capital made during the third fiscal quarter. Total liquidity3 was approximately $903 million as of June 30, 2025, including capacity under the Company's revolving credit facility of $342.5 million.4In August, the Company executed a new supply chain financing facility providing incremental liquidity of $150.0 million. Financial Outlook The Company is reaffirming its fiscal year 2025 revenue guidance range of $2.6 billion to $2.8 billion, but now expects to be at the lower end of the range due to a slower than expected production ramp up at its recently commissioned U.S. manufacturing facilities. This delay has shifted some anticipated revenue in fiscal year 2026. These facilities are expected to reach targeted capacity by calendar year-end, ensuring on-time customer deliveries and strengthening Fluence's domestic content position.The Company is reaffirming its fiscal year 2025 ...