Fluence Energy (FLNC) Operating Margin (2020 - 2026)
Fluence Energy (FLNC) posted Operating Margin of -4.34% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 8.91 percentage points from 4.56% a year earlier and down 1.84 percentage points from the prior quarter.
Fluence Energy (FLNC) Operating Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Fluence Energy was -0.17%, down 2.90 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 1.56%, down 2.01 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of +5.48 percentage points (FY2020 to FY2025).
- In prior fiscal years, Fluence Energy's Operating Margin was 3.57% in FY2024 (+6.54 pp), -2.97% in FY2023 (+17.18 pp), -20.16% in FY2022 (-0.75 pp) and -19.41% in FY2021 (-15.48 pp).
- Quarterly Operating Margin has run from a low of -54.38% in fiscal Q1 2022 to a high of 7.57% in fiscal Q4 2024 over five years.
- On a year-over-year basis, Operating Margin increased in three of the last eight quarters, with an average year-over-year change of -1.53 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was fiscal Q1 2023, with a gain of 42.02 percentage points; the weakest was fiscal Q1 2022, with a drop of 49.16 percentage points.
- According to Business Quant data, Operating Margin for the three prior fiscal quarters was -2.51% (Q2 2026), -7.86% (Q1 2026) and 6.97% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.94 Bn | 214.01 Bn | 2.36 Bn | 5.88% |
| 2 | Bloom Energy | 77.11 Bn | 68.94 Bn | 355.57 Mn | 17.11% |
| 3 | First Solar | 18.59 Bn | 9.54 Bn | 605.00 Mn | 42.64% |
| 4 | BWX Technologies | 12.31 Bn | 10.61 Bn | 202.31 Mn | 12.66% |
| 5 | Generac Holdings | 12.11 Bn | 10.94 Bn | 521.81 Mn | 17.93% |
| 6 | Nextpower | 12.00 Bn | 7.89 Bn | 335.85 Mn | 20.41% |
| 7 | EnerSys | 6.46 Bn | 4.66 Bn | 313.36 Mn | 16.18% |
| 8 | Enphase Energy | 4.08 Bn | -774.96 Mn | 175.01 Mn | 17.65% |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 6.71% |
| 10 | Fluence Energy | 1.38 Bn | -427.67 Mn | 33.24 Mn | -4.34% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.34% |
| Mar 31, 2026 | -2.51% |
| Dec 31, 2025 | -7.86% |
| Sep 30, 2025 | 6.97% |
| Jun 30, 2025 | 4.56% |
| Mar 31, 2025 | -4.85% |
| Dec 31, 2024 | -17.51% |
| 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 | -4.89% |
| 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 | -54.38% |
| Sep 30, 2021 | -42.56% |
Fluence Energy Operating 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=operating-margin&ticker=FLNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=FLNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();