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| Date | Value |
|---|---|
| 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% |