Fluence Energy (FLNC) Price to Sales (2021 - 2026)
Fluence Energy's (FLNC) Price to Sales stood at 1.39 in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 179.0% from 0.50 a year earlier and up 42.1% from the prior quarter.
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Analysis
Fluence Energy (FLNC) Price to Sales (2021 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Fluence Energy's Price to Sales came in at 0.87, down 42.7% from FY2024.
- Annual Price to Sales has declined for three straight fiscal years.
- Across earlier fiscal years, Price to Sales came in at 1.52 in FY2024 (-37.9%), 2.45 in FY2023 (-13.2%) and 2.82 in FY2022.
- Quarterly Price to Sales has ranged from 0.38 in fiscal Q2 2025 to 13.87 in fiscal Q1 2022 over the past five years.
- On a year-over-year basis, Price to Sales has increased for three consecutive quarters, with growth averaging 9.6% over the last eight quarters.
- Peak year-over-year performance for Price to Sales in the last five years was growth of 179.0% in fiscal Q3 2026, against a decline of 79.2% in fiscal Q2 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.98 (Q2 2026), 1.43 (Q1 2026) and 0.87 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Fluence Energy | 1.42 Bn | -394.45 Mn | 33.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.39 |
| Mar 31, 2026 | 0.98 |
| Dec 31, 2025 | 1.43 |
| Sep 30, 2025 | 0.87 |
| Jun 30, 2025 | 0.50 |
| Mar 31, 2025 | 0.38 |
| Dec 31, 2024 | 1.14 |
| Sep 30, 2024 | 1.52 |
| Jun 30, 2024 | 1.88 |
| Mar 31, 2024 | 1.82 |
| Dec 31, 2023 | 2.41 |
| Sep 30, 2023 | 2.45 |
| Jun 30, 2023 | 3.16 |
| Mar 31, 2023 | 2.80 |
| Dec 31, 2022 | 3.00 |
| Sep 30, 2022 | 2.82 |
| Jun 30, 2022 | 2.32 |
| Mar 31, 2022 | 3.84 |
| Dec 31, 2021 | 13.87 |
API Access
Fluence Energy Price to Sales 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=price-to-sales&ticker=FLNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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=price-to-sales&ticker=FLNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();