Fluence Energy has set a $2.6B revenue target for 2025, driven by a $4.9B backlog and resumed activity in the US market. The company has signed two contracts in Australia worth $700M and announced its largest contract in history.
Arlington, Va., Aug. 11, 2025 (GLOBE NEWSWIRE) — Fluence Energy, Inc. (Nasdaq: FLNC), a global leader in intelligent energy storage and optimization software, has reported strong financial results for the three months ended June 30, 2025. The company reported revenue of approximately $602.5 million, an increase of 24.7% from the same quarter last year, driven by a significant increase in the second half of the year [1].
Key financial highlights include:
- Gross Profit Margin: Approximately 14.8%, down from 17.2% in the same quarter last year.
- Adjusted Gross Profit Margin: Approximately 15.4%, down from 17.5% in the same quarter last year.
- Net Income: Approximately $6.9 million, up from $1.1 million in the same quarter last year.
- Adjusted EBITDA: Approximately $27.4 million, up from $15.6 million in the same quarter last year.
- Order Intake: Approximately $508.8 million in the third fiscal quarter, bringing the backlog as of June 30, 2025, to approximately $4.9 billion.
Fluence also announced two contracts in Australia worth $700 million and its largest contract in history. The company's Chief Executive Officer, Julian Nebreda, commented on the results, stating, "We delivered strong margins this quarter, underscoring the strength of our operating model and improved execution. We also began ramping production and delivered our first domestic content products from U.S.-based manufacturing facilities to customer sites."
The company reaffirmed 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. These facilities are expected to reach targeted capacity by calendar year-end, ensuring on-time customer deliveries and strengthening Fluence's domestic content position.
Fluence's Chief Financial Officer, Ahmed Pasha, added, "We are on track to hit key gross margin and Adjusted EBITDA targets in line with our fiscal 2025 guidance—even as some revenue shifts into 2026."
The company also secured a new supply chain financing facility providing incremental liquidity of $150.0 million, reflecting market confidence in Fluence and its energy storage business.
References:
[1] https://ir.fluenceenergy.com/news-releases/news-release-details/fluence-energy-inc-reports-third-quarter-2025-results-reaffirms
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