Fluence Energy (FLNC) Cost of Revenue (2020 - 2026)

Fluence Energy has disclosed Cost of Revenue across 7 years of filings, most recently posting $418.3 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $418.3 million, up 1873.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.4 billion (down 46.02% YoY), and the FY2025 annual result was $2.0 billion, down 16.56% from the prior year.
• Cost of Revenue came in at $418.3 million for Q1 2026 at Fluence Energy, up from $22.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $2.3 billion in Q3 2024 to a low of -$1.4 billion in Q3 2023.
• The 5-year median for Cost of Revenue is $165.6 million (2024), against an average of $269.6 million.
• Peak annual rise in Cost of Revenue reached 3625.77% in 2023, while the deepest fall reached 15154.5% in 2023.
• Fluence Energy's Cost of Revenue stood at $8.8 million in 2022, then jumped by 3625.77% to $327.6 million in 2023, then slumped by 49.45% to $165.6 million in 2024, then slumped by 86.7% to $22.0 million in 2025, then surged by 1798.51% to $418.3 million in 2026.
• The last three Cost of Revenue figures came in at $418.3 million (Q1 2026), $22.0 million (Q4 2025), and $899.0 million (Q3 2025), per Business Quant data.