Fluence Energy (FLNC) Operating Margin (2020 - 2026)
Fluence Energy (FLNC) posted Operating Margin of 2.51% for Q1 2026, up 70.79% sequentially from 8.59% in Q4 2025, and up 234.0% YoY from 0.75% in Q1 2025.
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Analysis
Fluence Energy (FLNC) Operating Margin (2020 - 2026) Analysis & Trends
Fluence Energy has reported Operating Margin for 7 years, with the latest figure at 2.51% in Q1 2026.
- Quarterly Operating Margin rose 234.0% year-over-year to 2.51% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.61% (down 113.0% YoY) and the FY2025 annual result came in at 2.05%, down 181.0% from the prior year.
- Operating Margin improved to 2.51% in Q1 2026 per FLNC's latest filing, from 8.59% in the prior quarter.
- Over five years, Operating Margin peaked at 7.77% in Q3 2024 and troughed at 21.2% in Q2 2022.
- A 5-year average of 3.9% and a median of 4.61% in 2023 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2024: Operating Margin soared 4667 bps in 2022, then tumbled 1344 bps in 2024.
- Over 5 years, Operating Margin stood at 9.02% in 2022, then surged by 49 bps to 4.61% in 2023, then sank by 291 bps to 18.05% in 2024, then jumped by 52 bps to 8.59% in 2025, then surged by 71 bps to 2.51% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 2.51%, 8.59%, and 6.39% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | 41.22% |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | 54.78% |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | 13.22% |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | 24.62% |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | 24.12% |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | 18.68% |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | -4.58% |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | 16.53% |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | -141.97% |
| 10 | Eco Wave Power Global AB (publ) | 283.14 Mn | 283.14 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.58% |
| Mar 31, 2026 | -2.98% |
| Dec 31, 2025 | -8.59% |
| Sep 30, 2025 | 6.97% |
| Jun 30, 2025 | 4.56% |
| Mar 31, 2025 | -4.85% |
| Dec 31, 2024 | -18.05% |
| Sep 30, 2024 | 7.57% |
| Jun 30, 2024 | 4.75% |
| Mar 31, 2024 | 0.43% |
| Dec 31, 2023 | -4.61% |
| Sep 30, 2023 | 3.94% |
| Jun 30, 2023 | -4.93% |
| Mar 31, 2023 | -3.37% |
| Dec 31, 2022 | -12.37% |
| Sep 30, 2022 | -9.08% |
| Jun 30, 2022 | -21.20% |
| Mar 31, 2022 | -15.56% |
| Dec 31, 2021 | -55.70% |
| Sep 30, 2021 | -42.56% |