Revenue From Sale Of Energy Storage Products & Solutions was the largest of Fluence Energy, Inc.’s 3 reported lines in fiscal 2024, at $2.65B — 98% of $2.70B.
| Product and Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|
| Revenue From Sale Of Energy Storage Products & Solutions | $673.75M | $1.18B | $2.20B | $2.65B | |
| Revenue From Sale Of Energy Storage Products | — | — | — | — | |
| Revenue From Services | $6.06M | $16.04M | $15.99M | $45.35M | |
| Revenue From Digital Applications | $952.00K | $2.47M | $4.35M | $5.20M | |
| Other | — | — | — | — | |
| Total | $680.77M | $1.20B | $2.22B | $2.70B |
In fiscal 2024, which ended September 30, 2024, the 3 revenue lines Fluence Energy, Inc. reported in this breakdown added up to $2.70B. That was up 21.7% from $2.22B in fiscal 2023. Revenue From Sale Of Energy Storage Products & Solutions was the largest revenue line, at $2.65B or 98.1% of the total, followed by Revenue From Services ($45.35M, 1.7%) and Revenue From Digital Applications ($5.20M, 0.2%). Together, the two largest revenue lines made up 99.8% of this total.
Over fiscal 2021 to 2024, revenue across these revenue lines went from $680.77M to $2.70B, a compound annual growth rate of 58.3%. Revenue From Sale Of Energy Storage Products & Solutions' share of the total fell from 99.0% to 98.1% over the same years.
The table also keeps 2 revenue lines that Fluence Energy, Inc. no longer reports, so earlier years can still be read on their original basis; use "Show 2 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2020 to 2024, as reported in Fluence Energy, Inc.'s annual filings.
Americas (North, Central & South America) was the largest of Fluence Energy, Inc.’s 3 reported lines in fiscal 2024, at $1.59B — 59% of $2.70B.
| Geography | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|
| Americas (North, Central & South America) | $487.57M | $837.94M | $1.65B | $1.59B | |
| Apac (Asia Pacific) | $134.87M | $178.23M | $266.08M | $579.26M | |
| Emea (Europe, Middle-East & Africa) | $58.32M | $182.44M | $306.79M | $526.30M | |
| Total | $680.77M | $1.20B | $2.22B | $2.70B |
In fiscal 2024, which ended September 30, 2024, the 3 regions Fluence Energy, Inc. reported in this breakdown added up to $2.70B. That was up 21.7% from $2.22B in fiscal 2023. Americas (North, Central & South America) was the largest region, at $1.59B or 59.0% of the total, followed by Apac (Asia Pacific) ($579.26M, 21.5%) and Emea (Europe, Middle-East & Africa) ($526.30M, 19.5%). Together, the two largest regions made up 80.5% of this total.
Compared with fiscal 2023, Apac (Asia Pacific) grew the fastest, rising 117.7% to $579.26M. Americas (North, Central & South America) fell the most, down 3.2% to $1.59B. Over fiscal 2021 to 2024, revenue across these regions went from $680.77M to $2.70B, a compound annual growth rate of 58.3%. Americas (North, Central & South America)'s share of the total fell from 71.6% to 59.0% over the same years.
This breakdown covers every fiscal year from 2020 to 2024, as reported in Fluence Energy, Inc.'s annual filings.
Nonrelated Party was the largest of Fluence Energy, Inc.’s 2 reported lines in fiscal 2024, at $1.60B — 60% of $2.68B.
| Related and Nonrelated Parties | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|
| Nonrelated Party | $594.06M | $552.27M | $1.56B | $1.60B |
| Related Party | $86.71M | $646.33M | $642.70M | $1.08B |
| Total | $680.77M | $1.20B | $2.21B | $2.68B |
In fiscal 2024, which ended September 30, 2024, the 2 revenue lines Fluence Energy, Inc. reported in this breakdown added up to $2.68B. That was up 21.6% from $2.21B in fiscal 2023. Nonrelated Party was the largest revenue line, at $1.60B or 59.7% of the total, followed by Related Party ($1.08B, 40.3%).
Compared with fiscal 2023, Related Party grew the fastest, rising 68.4% to $1.08B. Over fiscal 2021 to 2024, revenue across these revenue lines went from $680.77M to $2.68B, a compound annual growth rate of 58.0%. Nonrelated Party's share of the total fell from 87.3% to 59.7% over the same years.
This breakdown covers every fiscal year from 2021 to 2024, as reported in Fluence Energy, Inc.'s annual filings.
Fluence Energy, Inc. (FLNC) breaks its revenue down by revenue line and region. In fiscal 2024, its largest revenue line was Revenue From Sale Of Energy Storage Products & Solutions, with $2.65B or 98.1% of the total, followed by Revenue From Services at $45.35M (1.7%).
Revenue From Sale Of Energy Storage Products & Solutions was Fluence Energy, Inc.'s largest revenue line in fiscal 2024, with $2.65B in revenue, 98.1% of the $2.70B reported across its 3 revenue lines.
Americas (North, Central & South America) was Fluence Energy, Inc.'s largest region in fiscal 2024, with $1.59B in revenue, 59.0% of the $2.70B reported across its 3 regions.
Of the Fluence Energy, Inc. regions reported in both fiscal 2023 and fiscal 2024, and making up at least 2% of the total, Apac (Asia Pacific) grew the fastest, rising 117.7% from $266.08M to $579.26M.
Every figure is taken from Fluence Energy, Inc.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by revenue line covers fiscal 2020 to 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.