Fluence Energy (FLNC) Gross Margin (2020 - 2026)
Fluence Energy recorded quarterly Gross Margin of 10.03% in Q1 2026, up 106.81% quarter-over-quarter from 4.85% in Q4 2025, and up 16.0% year-over-year from 8.65% in Q1 2025.
Fluence Energy's Gross Margin history runs 7 years deep, the most recent figure standing at 10.03% for Q1 2026.
- In Q1 2026, Gross Margin rose 16.0% year-over-year to 10.03%; the TTM figure through Mar 2026 stood at 11.67% (down 139.0% YoY), while the FY2025 annual figure was 13.07%, up 43.0% from the prior year.
- Gross Margin came in at 10.03% for Q1 2026 at Fluence Energy, up from 4.85% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 17.18% in Q2 2024 to a low of 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.
- Across the five-year window, Gross Margin surged 3431 bps in 2022 and tumbled 650 bps in 2025, its largest moves.
- Fluence Energy's Gross Margin stood at 3.88% in 2022, then soared by 158 bps to 10.0% in 2023, then increased by 14 bps to 11.35% in 2024, then plunged by 57 bps to 4.85% in 2025, then surged 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 | AXIA Energia | 193.97 Bn | 191.26 Bn | 1.44 Bn | 59.62% |
| 2 | Enlight Renewable Energy | 13.10 Bn | 12.57 Bn | 85.64 Mn | 68.96% |
| 3 | Ormat Technologies | 8.30 Bn | 8.16 Bn | 78.83 Mn | 28.56% |
| 4 | Fluence Energy | 3.60 Bn | 3.28 Bn | 46.63 Mn | 10.03% |
| 5 | Clearway Energy | 1.42 Bn | 4.77 Bn | 220.00 Mn | 62.15% |
| 6 | XPLR Infrastructure | 1.16 Bn | 8.69 Bn | 141.00 Mn | 51.27% |
| 7 | Energy Vault Holdings | 916.05 Mn | 870.62 Mn | 4.79 Mn | 21.88% |
| 8 | Ellomay Capital | 782.29 Mn | 671.00 Mn | 1.49 Mn | 12.89% |
| 9 | ReNew Energy Global | 342.92 Mn | 58.95 Mn | 269.00 Mn | 79.35% |
| 10 | Nextnrg | 90.54 Mn | 87.86 Mn | 1.71 Mn | 8.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -5.38% |
| Mar 31, 2021 | 1.03% |
| Dec 31, 2020 | 4.13% |