Fluence Energy, Inc.FLNC
What Fluence Energy, Inc. does.
Fluence Energy, Inc., a Delaware corporation (the “Company”), was initially formed on June 21, 2021 and completed its initial public offering (the “IPO”) on November 1, 2021. We conduct our business operations through Fluence Energy, LLC and its direct and indirect subsidiaries. Fluence Energy, LLC was formed on June 30, 2017 as a joint venture between Siemens Industry, Inc. (“Siemens Industry”), an indirect subsidiary of Siemens AG (“Siemens”), and AES Grid Stability, LLC (“AES Grid Stability”), an indirect subsidiary of The AES Corporation (“AES”), and commenced operations on January 1, 2018. We refer to Siemens Industry and AES Grid Stability as the “Founders” in this Annual Report and together with Qatar Holding LLC (“QHL”), an affiliate of the Qatar Investment Authority (“QIA”), they are collectively referred to as the “Continuing Equity Owners.” As the sole managing member of Fluence Energy, LLC, Fluence Energy, Inc. operates and controls all the business and affairs of Fluence Energy, LLC and its direct and indirect subsidiaries. As a result, Fluence Energy, Inc. consolidates Fluence Energy, LLC and records a non-controlling interest in its consolidated financial statements for the economic interest in Fluence Energy, LLC held by the Founders. Except where the content clearly indicates otherwise, any reference in this Annual Report to “Fluence,” “we,” “us,” “our” or “the Company” refers to Fluence Energy, Inc. and all of its direct and indirect subsidiaries, including Fluence Energy, LLC.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $561.3M | $680.8M | $1.2B | $2.2B | $2.7B | $2.3B |
| Net income | $0 | $0 | -$104.5M | -$69.6M | $22.7M | -$48.3M |
| Free cash flow | -$15.8M | -$269.6M | -$290.3M | -$114.9M | $71.6M | -$160.4M |
More on FLNC.
- Fluence Energy, Inc. summary
- Fluence Energy, Inc. financial statements
- Fluence Energy, Inc. key metrics
- Fluence Energy, Inc. health scores and style box
- Fluence Energy, Inc. earnings
- Fluence Energy, Inc. dividends
- Fluence Energy, Inc. valuation
- Fluence Energy, Inc. ownership and insiders
- Fluence Energy, Inc. peers
Figures from Fluence Energy, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.