Fluence Energy (FLNC) Gross Margin (2020 - 2026)
Fluence Energy (FLNC) recorded Gross Margin of 5.12% in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 9.67 percentage points from 14.79% a year earlier and down 4.92 percentage points from the prior quarter.
Fluence Energy (FLNC) Gross Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Fluence Energy's Gross Margin came in at 9.34% as of Jun 30, 2026, down 3.33 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 13.07%, up 0.43 percentage points from FY2024.
- Annual Gross Margin has increased for four straight fiscal years, with a five-year change of +11.66 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Gross Margin came in at 12.64% in FY2024 (+6.28 pp), 6.36% in FY2023 (+11.56 pp), -5.20% in FY2022 (+4.95 pp) and -10.16% in FY2021 (-11.57 pp).
- Quarterly Gross Margin has ranged from -31.88% in fiscal Q4 2021 to 17.18% in fiscal Q3 2024 over the past five years.
- On a year-over-year basis, Gross Margin rose in four of the last eight quarters, with an average year-over-year change of -1.89 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 34.31 percentage points in fiscal Q4 2022, against a drop of 34.52 percentage points in fiscal Q1 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 10.03% (Q2 2026), 4.85% (Q1 2026) and 13.72% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.94 Bn | 214.01 Bn | 2.36 Bn | 21.25% |
| 2 | Bloom Energy | 77.11 Bn | 68.94 Bn | 355.57 Mn | 33.38% |
| 3 | First Solar | 18.59 Bn | 9.54 Bn | 605.00 Mn | 57.28% |
| 4 | BWX Technologies | 12.31 Bn | 10.61 Bn | 202.31 Mn | 22.44% |
| 5 | Generac Holdings | 12.11 Bn | 10.94 Bn | 521.81 Mn | 44.47% |
| 6 | Nextpower | 12.00 Bn | 7.89 Bn | 335.85 Mn | 35.91% |
| 7 | EnerSys | 6.46 Bn | 4.66 Bn | 313.36 Mn | 33.49% |
| 8 | Enphase Energy | 4.08 Bn | -774.96 Mn | 175.01 Mn | 59.97% |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 49.89% |
| 10 | Fluence Energy | 1.38 Bn | -427.67 Mn | 33.24 Mn | 5.12% |
Historic 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% |
Fluence Energy Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FLNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FLNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FLNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();