Fluence Energy (FLNC) Minority Interest (2021 - 2026)
Fluence Energy (FLNC) reported Minority Interest of $58.01 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 48.9% from $113.46 million a year earlier and down 35.6% from the prior quarter.
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Analysis
Fluence Energy (FLNC) Minority Interest (2021 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Fluence Energy posted Minority Interest of $119.25 million, down 11.7% from FY2024.
- Minority Interest has declined for three consecutive fiscal years, with a three-year compound annual growth rate of -14.9% (FY2022 to FY2025).
- By fiscal year, Minority Interest came in at $135.04 million in FY2024 (-12.3%), $153.98 million in FY2023 (-20.4%) and $193.38 million in FY2022.
- The fiscal Q3 2026 figure ranks as the lowest quarterly Minority Interest in data going back to fiscal Q1 2022.
- Year over year, Minority Interest has now declined in each of the last 15 quarters, with an average decline of 15.0% over the last eight quarters.
- Over the past five years, the year-over-year decline in Minority Interest ranged from 2.7% (fiscal Q1 2025) to 66.1% (fiscal Q1 2023).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $90.06 million (Q2 2026), $100.24 million (Q1 2026) and $119.25 million (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 | 58.01 Mn |
| Mar 31, 2026 | 90.06 Mn |
| Dec 31, 2025 | 100.24 Mn |
| Sep 30, 2025 | 119.25 Mn |
| Jun 30, 2025 | 113.46 Mn |
| Mar 31, 2025 | 110.89 Mn |
| Dec 31, 2024 | 119.87 Mn |
| Sep 30, 2024 | 135.04 Mn |
| Jun 30, 2024 | 117.01 Mn |
| Mar 31, 2024 | 118.66 Mn |
| Dec 31, 2023 | 123.25 Mn |
| Sep 30, 2023 | 153.98 Mn |
| Jun 30, 2023 | 152.84 Mn |
| Mar 31, 2023 | 164.68 Mn |
| Dec 31, 2022 | 178.17 Mn |
| Sep 30, 2022 | 193.38 Mn |
| Jun 30, 2022 | 212.15 Mn |
| Mar 31, 2022 | 484.02 Mn |
| Dec 31, 2021 | 525.55 Mn |
API Access
Fluence Energy Minority Interest 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=minority-interest&ticker=FLNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=FLNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();