Fluence Energy (FLNC) Operating Expenses (2020 - 2026)
Fluence Energy (FLNC) posted Operating Expenses of $58.3 million for Q1 2026, down 8.74% sequentially from $63.9 million in Q4 2025, and down 8.24% YoY from $63.5 million in Q1 2025.
Fluence Energy (FLNC) Operating Expenses (2020 - 2026) Analysis & Trends
Fluence Energy has reported Operating Expenses for 7 years, with the latest figure at $58.3 million in Q1 2026.
- Quarterly Operating Expenses fell 8.24% year-over-year to $58.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $260.1 million (up 8.21% YoY) and the FY2025 annual result came in at $249.3 million, up 5.26% from the prior year.
- Operating Expenses retreated to $58.3 million in Q1 2026 per FLNC's latest filing, from $63.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $76.4 million in Q3 2025 and troughed at $24.6 million in Q3 2023.
- A 5-year average of $52.6 million and a median of $54.9 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 225.25% in 2022, then sank 42.11% in 2023.
- Over 5 years, Operating Expenses stood at $40.1 million in 2022, then soared by 32.72% to $53.2 million in 2023, then grew by 3.27% to $54.9 million in 2024, then rose by 16.34% to $63.9 million in 2025, then dropped by 8.74% to $58.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $58.3 million, $63.9 million, and $76.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.92 Bn | 10.76 Bn | 117.49 Mn | 118.69 Mn |
| 2 | Ormat Technologies | 7.15 Bn | 6.49 Bn | 68.70 Mn | 27.07 Mn |
| 3 | Brookfield Renewable Partners | 4.70 Bn | 2.20 Bn | 623.00 Mn | 783.00 Mn |
| 4 | Clearway Energy | 3.84 Bn | 3.50 Bn | 332.00 Mn | 365.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 408.00 Mn |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn | 63.04 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 577.85 Mn | - | 304.00 Mn |
| 8 | Energy Vault Holdings | 708.95 Mn | 640.20 Mn | 4.79 Mn | 28.99 Mn |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | -424.56 Mn |
| 10 | Eco Wave Power Global AB (publ) | 335.24 Mn | 335.24 Mn | - | -682,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 63.04 Mn |
| Mar 31, 2026 | 58.30 Mn |
| Dec 31, 2025 | 63.88 Mn |
| Sep 30, 2025 | 76.35 Mn |
| Jun 30, 2025 | 61.61 Mn |
| Mar 31, 2025 | 63.53 Mn |
| Dec 31, 2024 | 54.91 Mn |
| Sep 30, 2024 | 62.09 Mn |
| Jun 30, 2024 | 59.88 Mn |
| Mar 31, 2024 | 59.86 Mn |
| Dec 31, 2023 | 53.17 Mn |
| Sep 30, 2023 | 24.60 Mn |
| Jun 30, 2023 | 48.06 Mn |
| Mar 31, 2023 | 42.18 Mn |
| Dec 31, 2022 | 40.06 Mn |
| Sep 30, 2022 | 42.50 Mn |
| Jun 30, 2022 | 45.46 Mn |
| Mar 31, 2022 | 38.58 Mn |
| Dec 31, 2021 | 44.26 Mn |
| Sep 30, 2021 | 19.80 Mn |