Fluence Energy (FLNC) Net Margin (2020 - 2026)
Fluence Energy's Net Margin was -5.05% in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 6.09 percentage points from 1.04% a year earlier and down 0.55 percentage points from the prior quarter.
Fluence Energy (FLNC) Net Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Fluence Energy's Net Margin was -3.07% through Jun 30, 2026, down 2.32 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at -2.14%, down 2.98 percentage points from FY2024.
- Net Margin shows a three-year change of +6.58 percentage points (FY2022 to FY2025).
- In earlier fiscal years, Net Margin was 0.84% in FY2024 (+3.98 pp), -3.14% in FY2023 (+5.58 pp) and -8.72% in FY2022.
- Quarterly Net Margin has moved between -46.33% (fiscal Q4 2021) and 3.90% (fiscal Q4 2024) over five years.
- Compared with a year earlier, Net Margin was higher in four of the last eight quarters, with an average year-over-year change of -1.49 percentage points.
- The best year-over-year quarter for Net Margin over five years was fiscal Q4 2022 (a gain of 37.93 percentage points); the worst was fiscal Q1 2025 (a drop of 17.60 percentage points).
- Per Business Quant data, FLNC's Net Margin in the three fiscal quarters before Q3 2026 was -4.50% (Q2 2026), -9.48% (Q1 2026) and 1.72% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.94 Bn | 214.01 Bn | 2.36 Bn | 6.02% |
| 2 | Bloom Energy | 77.11 Bn | 68.94 Bn | 355.57 Mn | 18.42% |
| 3 | First Solar | 18.59 Bn | 9.54 Bn | 605.00 Mn | 40.01% |
| 4 | BWX Technologies | 12.31 Bn | 10.61 Bn | 202.31 Mn | 9.87% |
| 5 | Generac Holdings | 12.11 Bn | 10.94 Bn | 521.81 Mn | 12.21% |
| 6 | Nextpower | 12.00 Bn | 7.89 Bn | 335.85 Mn | 17.68% |
| 7 | EnerSys | 6.46 Bn | 4.66 Bn | 313.36 Mn | 12.45% |
| 8 | Enphase Energy | 4.08 Bn | -774.96 Mn | 175.01 Mn | 12.36% |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 2.89% |
| 10 | Fluence Energy | 1.38 Bn | -427.67 Mn | 33.24 Mn | -5.05% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.05% |
| Mar 31, 2026 | -4.50% |
| Dec 31, 2025 | -9.48% |
| Sep 30, 2025 | 1.72% |
| Jun 30, 2025 | 1.04% |
| Mar 31, 2025 | -7.19% |
| Dec 31, 2024 | -22.20% |
| Sep 30, 2024 | 3.90% |
| Jun 30, 2024 | 0.16% |
| Mar 31, 2024 | -1.47% |
| Dec 31, 2023 | -4.60% |
| Sep 30, 2023 | 0.49% |
| Jun 30, 2023 | -4.36% |
| Mar 31, 2023 | -3.56% |
| Dec 31, 2022 | -7.94% |
| Sep 30, 2022 | -8.41% |
| Jun 30, 2022 | -8.09% |
| Mar 31, 2022 | -5.60% |
| Dec 31, 2021 | -16.47% |
| Sep 30, 2021 | -46.33% |
Fluence Energy Net 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=net-margin&ticker=FLNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=FLNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();