Fluence Energy (FLNC) Gross Margin (2020 - 2026)

Fluence Energy (FLNC) posted Gross Margin of 10.03% for Q1 2026, up 106.81% sequentially from 4.85% in Q4 2025, and up 16.0% YoY from 8.65% in Q1 2025.

Fluence Energy (FLNC) Gross Margin (2020 - 2026) Analysis & Trends

Fluence Energy has reported Gross Margin for 7 years, with the latest figure at 10.03% in Q1 2026.

  • Quarterly Gross Margin rose 16.0% year-over-year to 10.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.67% (down 139.0% YoY) and the FY2025 annual result came in at 13.07%, up 43.0% from the prior year.
  • Gross Margin improved to 10.03% in Q1 2026 per FLNC's latest filing, from 4.85% in the prior quarter.
  • Over five years, Gross Margin peaked at 17.18% in Q2 2024 and troughed at 4.3% in Q1 2022.
  • A 5-year average of 7.91% and a median of 10.0% in 2023 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2025: Gross Margin soared 3431 bps in 2022, then plunged 650 bps in 2025.
  • Over 5 years, Gross Margin stood at 3.88% in 2022, then jumped by 158 bps to 10.0% in 2023, then rose by 14 bps to 11.35% in 2024, then sank by 57 bps to 4.85% in 2025, then soared by 107 bps to 10.03% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 10.03%, 4.85%, and 13.72% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Enlight Renewable Energy 11.98 Bn 10.81 Bn 117.49 Mn 70.78%
2 Ormat Technologies 7.10 Bn 6.44 Bn 68.70 Mn 26.55%
3 Brookfield Renewable Partners 4.73 Bn 2.23 Bn 623.00 Mn 57.90%
4 Clearway Energy 3.80 Bn 3.46 Bn 332.00 Mn 69.02%
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn 79.35%
6 Fluence Energy 1.84 Bn 1.28 Bn 33.24 Mn 5.12%
7 XPLR Infrastructure 1.08 Bn 581.62 Mn - -
8 Energy Vault Holdings 686.61 Mn 617.86 Mn 4.79 Mn 21.88%
9 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn 59.62%
10 Eco Wave Power Global AB (publ) 335.24 Mn 335.24 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 5.12%
Mar 31, 2026 10.03%
Dec 31, 2025 4.85%
Sep 30, 2025 13.72%
Jun 30, 2025 14.79%
Mar 31, 2025 9.87%
Dec 31, 2024 11.35%
Sep 30, 2024 12.82%
Jun 30, 2024 17.18%
Mar 31, 2024 10.30%
Dec 31, 2023 10.00%
Sep 30, 2023 11.33%
Jun 30, 2023 4.07%
Mar 31, 2023 4.41%
Dec 31, 2022 3.88%
Sep 30, 2022 2.43%
Jun 30, 2022 -2.17%
Mar 31, 2022 -4.30%
Dec 31, 2021 -30.39%
Sep 30, 2021 -31.88%