How did Fluence Energy's revenue and expenses trend in Q4 2024?

Fluence Energy's revenue and expenses in Q4 2024 showed a notable increase in revenue alongside a rise in cost of goods sold and operating expenses:

1. **Revenue Trend**: The company's revenue reached $2.65 billion, up from the previous quarter's $1.44 billion, indicating a significant surge in sales.
2. **Cost of Goods Sold (COGS) Trend**: The COGS remained at $165.59 million, which is consistent with the previous quarter, suggesting that the cost of producing and delivering the company's products did not increase.
3. **Operating Expenses Trend**: The operating expenses also remained stable at $165.59 million, indicating that the company's operational costs did not change significantly.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|FLNC|FLNC.O|Fluence Energy|20240101-2024|Digital applications and solutions|5196000|185|
|FLNC|FLNC.O|Fluence Energy|20240101-2024|Digital applications and solutions|3810000|185|
|FLNC|FLNC.O|Fluence Energy|20240101-2024|Digital applications and solutions|2607000|185|
|FLNC|FLNC.O|Fluence Energy|20240101-2024|Digital applications and solutions|2607000|185|
|FLNC|FLNC.O|Fluence Energy|20240101-2024|Services|1.3812E7|185|
|FLNC|FLNC.O|Fluence Energy|20240101-2024|Battery-Based Energy Storage Products|9.70678E8|185|
|FLNC|FLNC.O|Fluence Energy|20240101-2024|Battery-Based Energy Storage Products|3.56941E8|185|
|FLNC|FLNC.O|Fluence Energy|20240101-2024|Battery-Based Energy Storage Products|3.56941E8|185|
|FLNC|FLNC.O|Fluence Energy|20240101-2024|Services|5747000|185|
|FLNC|FLNC.O|Fluence Energy|20240101-2024|Digital applications and solutions|1268000|185|

|code|Ticker|Name|Date|Total Revenue|Operating Expenses|market_code|
|---|---|---|---|---|---|---|
|FLNC|FLNC.O|Fluence Energy|2024 Q1|3.63956E8||185|
|FLNC|FLNC.O|Fluence Energy|2024 Q2|6.23141E8||185|
|FLNC|FLNC.O|Fluence Energy|2024 Q3|4.83317E8||185|
|FLNC|FLNC.O|Fluence Energy|2024 Q4|1.228148E9||185|

In summary, Fluence Energy experienced a substantial increase in revenue, while the cost of goods sold and operating expenses remained relatively stable, which could suggest improvements in operational efficiency or market conditions favorable to revenue growth.