Fluence Energy (FLNC) Market Capitalization (2021 - 2026)
Fluence Energy (FLNC) posted Market Capitalization of $3.67 billion for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 199.9% from $1.22 billion a year earlier and up 44.7% from the prior quarter.
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Analysis
Fluence Energy (FLNC) Market Capitalization (2021 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Fluence Energy's Market Capitalization came in at $1.97 billion, down 51.9% from FY2024.
- Annual Market Capitalization shows a three-year compound annual growth rate of -16.4% (FY2022 to FY2025).
- In prior fiscal years, Fluence Energy's Market Capitalization was $4.11 billion in FY2024 (-24.4%), $5.44 billion in FY2023 (+60.6%) and $3.39 billion in FY2022.
- The fiscal Q3 2026 figure stands as the highest quarterly Market Capitalization since fiscal Q4 2024.
- On a year-over-year basis, Market Capitalization has increased in each of the last three quarters, with growth averaging 17.8% over the last eight quarters.
- The strongest year-over-year quarter for Market Capitalization in the past five years was fiscal Q3 2026, with growth of 199.9%; the weakest was fiscal Q2 2025, with a decline of 77.9%.
- According to Business Quant data, Market Capitalization for the three prior fiscal quarters was $2.54 billion (Q2 2026), $3.64 billion (Q1 2026) and $1.97 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.94 Bn | 214.01 Bn | 2.36 Bn |
| 2 | Bloom Energy | 77.11 Bn | 68.94 Bn | 355.57 Mn |
| 3 | First Solar | 18.59 Bn | 9.54 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.31 Bn | 10.61 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.11 Bn | 10.94 Bn | 521.81 Mn |
| 6 | Nextpower | 12.00 Bn | 7.89 Bn | 335.85 Mn |
| 7 | EnerSys | 6.46 Bn | 4.66 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.08 Bn | -774.96 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn |
| 10 | Fluence Energy | 1.38 Bn | -427.67 Mn | 33.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.67 Bn |
| Mar 31, 2026 | 2.54 Bn |
| Dec 31, 2025 | 3.64 Bn |
| Sep 30, 2025 | 1.97 Bn |
| Jun 30, 2025 | 1.22 Bn |
| Mar 31, 2025 | 882.46 Mn |
| Dec 31, 2024 | 2.88 Bn |
| Sep 30, 2024 | 4.11 Bn |
| Jun 30, 2024 | 4.02 Bn |
| Mar 31, 2024 | 3.99 Bn |
| Dec 31, 2023 | 5.48 Bn |
| Sep 30, 2023 | 5.44 Bn |
| Jun 30, 2023 | 6.27 Bn |
| Mar 31, 2023 | 4.73 Bn |
| Dec 31, 2022 | 4.00 Bn |
| Sep 30, 2022 | 3.39 Bn |
| Jun 30, 2022 | 2.19 Bn |
| Mar 31, 2022 | 3.78 Bn |
| Dec 31, 2021 | 10.26 Bn |
API Access
Fluence Energy Market Capitalization 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=market-capitalization&ticker=FLNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=FLNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();