Fluence Energy (FLNC) Tax Rate (2023 - 2025)
Fluence Energy's Tax Rate came in at -1.84% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 41.94 percentage points from 40.10% a year earlier but up 3.73 percentage points from the prior quarter.
Fluence Energy (FLNC) Tax Rate (2023 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Fluence Energy reported Tax Rate of -17.22%, up 39.02 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at -50.85%, down 74.11 percentage points from FY2024.
- Tax Rate carries a five-year change of -34.91 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Tax Rate was 23.26% in FY2024 (+27.80 pp), -4.54% in FY2023 (-4.07 pp), -0.47% in FY2022 (+0.67 pp) and -1.14% in FY2021 (+14.80 pp).
- The five-year range for quarterly Tax Rate is -5.57% (fiscal Q2 2026) to 79.73% (fiscal Q3 2024).
- Year-over-year, Tax Rate increased in two of the last eight quarters, with an average year-over-year change of -12.84 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q3 2024 (a gain of 76.11 percentage points), and the weakest in fiscal Q4 2024 (a drop of 47.78 percentage points).
- Business Quant data shows FLNC's Tax Rate at -5.57% (Q2 2026), 11.21% (Q1 2026) and 47.75% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.94 Bn | 214.01 Bn | 2.36 Bn | 29.84% |
| 2 | Bloom Energy | 77.11 Bn | 68.94 Bn | 355.57 Mn | 0.75% |
| 3 | First Solar | 18.59 Bn | 9.54 Bn | 605.00 Mn | 8.01% |
| 4 | BWX Technologies | 12.31 Bn | 10.61 Bn | 202.31 Mn | 21.56% |
| 5 | Generac Holdings | 12.11 Bn | 10.94 Bn | 521.81 Mn | 24.61% |
| 6 | Nextpower | 12.00 Bn | 7.89 Bn | 335.85 Mn | 16.88% |
| 7 | EnerSys | 6.46 Bn | 4.66 Bn | 313.36 Mn | 13.75% |
| 8 | Enphase Energy | 4.08 Bn | -774.96 Mn | 175.01 Mn | 41.71% |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 28.32% |
| 10 | Fluence Energy | 1.38 Bn | -427.67 Mn | 33.24 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 47.75% |
| Jun 30, 2025 | 40.10% |
| Sep 30, 2024 | 10.42% |
| Jun 30, 2024 | 79.73% |
| Sep 30, 2023 | 58.20% |
Fluence Energy Tax Rate 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=tax-rate&ticker=FLNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=FLNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();