Fluence Energy Q1 2026 Earnings Call Highlights: Record Backlog, Strong Order Intake, and Reaffirmed Guidance

Fluence Energy reported Q1 2026 revenue of $475 million, a record backlog of $5.5 billion, and over $750 million in new orders globally. The company reaffirmed its fiscal 2026 guidance and ended the quarter with $1.1 billion in total liquidity. However, adjusted gross profit margin was below expectations, and adjusted EBITDA was negative $52 million. Challenges include ongoing supply chain issues and intense competition in the energy storage market.