Fluence Energy (FLNC) Operating Expenses (2020 - 2026)

Fluence Energy recorded quarterly Operating Expenses of $58.3 million in Q1 2026, down 3.47% quarter-over-quarter from $60.4 million in Q4 2025, and down 8.24% year-over-year from $63.5 million in Q1 2025.

Fluence Energy's Operating Expenses history runs 7 years deep, the most recent figure standing at $58.3 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 8.24% year-over-year to $58.3 million; the TTM figure through Mar 2026 stood at $250.5 million (up 3.54% YoY), while the FY2025 annual figure was $260.6 million, up 6.45% from the prior year.
  • Operating Expenses came in at $58.3 million for Q1 2026 at Fluence Energy, down from $60.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $70.2 million in Q3 2025 to a low of $38.6 million in Q1 2022.
  • A 5-year average of $55.6 million and a median of $54.3 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 225.25% in 2022 and fell 8.24% in 2026, its largest moves.
  • Fluence Energy's Operating Expenses stood at $50.4 million in 2022, then climbed by 5.43% to $53.2 million in 2023, then rose by 1.38% to $53.9 million in 2024, then grew by 12.03% to $60.4 million in 2025, then fell by 3.47% to $58.3 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $58.3 million, $60.4 million, and $70.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn -424.56 Mn
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn -101.11 Mn
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 22.76 Mn
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn 58.30 Mn
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn 334.00 Mn
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn 292.00 Mn
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn 28.99 Mn
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn -5,926.00
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn 408.00 Mn
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn 11.81 Mn

Historic Data

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DateValue
Mar 31, 2026 58.30 Mn
Dec 31, 2025 60.39 Mn
Sep 30, 2025 70.24 Mn
Jun 30, 2025 61.61 Mn
Mar 31, 2025 63.53 Mn
Dec 31, 2024 53.90 Mn
Sep 30, 2024 64.45 Mn
Jun 30, 2024 60.08 Mn
Mar 31, 2024 61.49 Mn
Dec 31, 2023 53.17 Mn
Sep 30, 2023 49.79 Mn
Jun 30, 2023 48.06 Mn
Mar 31, 2023 54.33 Mn
Dec 31, 2022 50.43 Mn
Sep 30, 2022 50.85 Mn
Jun 30, 2022 45.46 Mn
Mar 31, 2022 38.58 Mn
Dec 31, 2021 41.96 Mn
Sep 30, 2021 20.10 Mn
Jun 30, 2021 13.98 Mn
Mar 31, 2021 16.64 Mn
Dec 31, 2020 10.87 Mn