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
Download Data| Date | Value |
|---|---|
| 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 |