Fluence Energy (FLNC) Research & Development (2020 - 2026)

Fluence Energy's Research & Development history runs 7 years deep, the most recent figure standing at $21.1 million for Q1 2026.

• In Q1 2026, Research & Development fell 4.74% year-over-year to $21.1 million; the TTM figure through Mar 2026 stood at $86.5 million (up 19.1% YoY), while the FY2025 annual figure was $86.2 million, up 30.25% from the prior year.
• Research & Development came in at $21.1 million for Q1 2026 at Fluence Energy, up from $18.5 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $26.0 million in Q2 2025 to a low of $9.9 million in Q2 2023.
• A 5-year average of $18.1 million and a median of $18.1 million in 2022 frame the typical range for Research & Development.
• Across the five-year window, Research & Development jumped 282.47% in 2022 and tumbled 45.29% in 2023, its largest moves.
• Fluence Energy's Research & Development stood at $19.2 million in 2022, then fell by 19.42% to $15.4 million in 2023, then gained by 11.37% to $17.2 million in 2024, then increased by 7.83% to $18.5 million in 2025, then advanced by 13.64% to $21.1 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $21.1 million, $18.5 million, and $20.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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