profit from every $100 of sales.
$0$100
Fluence Energy
$5.08+3.46% today
-71.6% in 1 year
1-year low $4.911-year high $32.23
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Fluence Energy sold, what it kept, and what it did with the cash.
Sales went from $1.20 billion in 2022 to $2.26 billion in 2025, with -$48.3 million of profit last year.
SalesProfit
Fluence Energy vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Fluence Energy | No profit yet | ||
 AXIA Energia | 3.6× · Cheap | ||
 Brookfield Renewable Partners L.P. | No profit yet | ||
 Algonquin Power & Utilities | 23.7× · Fair price | ||
 NuScale Power | No profit yet |
AI analysis
An AI analyst reads Fluence Energy's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,199 | 2,218 | 2,699 | 2,263 | |
| -62 | 141 | 341 | 296 | |
| -284 | -113 | 27 | -46 | |
| -276 | -102 | 41 | -17 | |
| -104 | -70 | 23 | -48 | |
| -1.50 | -0.60 | 0.13 | -0.37 | |
| -5.2% | 6.4% | 12.6% | 13.1% | |
| -23.7% | -5.1% | 1.0% | -2.0% | |
| -8.7% | -3.1% | 0.8% | -2.1% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,746 | 1,352 | 1,902 | 2,357 |
| Cash | 357 | 346 | 449 | 691 |
| Total debt | 3 | 51 | 30 | 391 |
| Total liabilities | 1,116 | 796 | 1,295 | 1,808 |
| 436 | 402 | 472 | 430 | |
| 70 | 116 | 184 | 130 | |
| -51.1% | -19.6% | 4.2% | -4.5% | |
| -24.0% | -17.3% | 4.8% | -11.2% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -282 | -112 | 80 | -146 | |
| 8 | 12 | 19 | 30 | |
| -290 | -124 | 61 | -175 | |
| Dividends paid | – | – | – | – |
| 5 | 3 | 2 | 1 | |
| 44 | 27 | 24 | 20 |
Valuation
- –
- –
- –
- 7.0×
- 0.4×
- –
- –
- -17.7%
- -4.9%
- 0.0%
Profitability
- 13.1%
- -2.0%
- -2.1%
- -0.4%
- -5.4%
- -90.5%
- -10.5%
- -1.8%
- -5.5%
- 3.3%
Growth
- +23.6%
- –
- −388.8%
- –
- +24.6%
Financial health
- -17.7×
- 1.09
- 17.1%
- -11.9×
- 1.43
- 0.77
- 1.10
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 2%of 399
Bottom 2%of 394
Top 9%of 399
Bottom 5%of 398
What analysts expect
- Average price target
- $19.15
- Range
- $8.00 – $32.00
- 7 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | -0.16 | -0.18 | +11.1% |
| Feb 4, 2026 | -0.34 | -0.18 | −88.9% |
| Nov 24, 2025 | 0.13 | 0.19 | −32.7% |
| Aug 11, 2025 | 0.01 | -0.02 | +150.0% |
| May 7, 2025 | -0.24 | -0.21 | −14.3% |
| Feb 10, 2025 | -0.32 | -0.17 | −88.2% |
| Nov 25, 2024 | 0.34 | 0.29 | +17.2% |
| Aug 7, 2024 | 0.00 | -0.13 | +103.3% |
News
Fluence Energy falls again as Jefferies downgrades on weaker outlookSeeking Alpha · Sep 18, 2026Fluence Energy upgraded at UBS after hitting trough in near-term earnings expectationsSeeking Alpha · Aug 25, 2026The newest story we have is from Sep 18, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
25No pass
Benjamin Graham
20No pass
Philip Fisher
34No pass
Peter Lynch
62Pass
Joel Greenblatt
0No pass
Charlie Munger
24No pass
Terry Smith
36No pass
Questions about Fluence Energy
Is Fluence Energy a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Fluence Energy AI analysis
What does Fluence Energy do?
Fluence Energy, Inc. provides energy storage products and services, and artificial intelligence enabled digital applications for renewables and storage applications worldwide. It is in Renewable Utilities, based in Arlington, VA, United States, with 1,670 employees.
Does Fluence Energy pay a dividend?
No. Fluence Energy does not pay a dividend at the moment; in 2025 it returned $753,000 to shareholders by buying back its own shares.
Is Fluence Energy stock halal?
No. Fluence Energy does not pass our halal screen: its debt is 40% of its market value, at or above the 33% limit. How we check
How has Fluence Energy stock done over the past year?
Down 71.6% over the past twelve months, to $5.08. It traded between $4.91 and $32.23 and is 84.2% below its high.
Who are Fluence Energy's competitors?
The largest listed companies in the same industry are AXIA Energia, Brookfield Renewable Partners L.P., Algonquin Power & Utilities and NuScale Power. The peers table on this page compares their profit, growth and price with Fluence Energy's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.