Revenue From Sale Of Energy Storage Products & Solutions was Fluence Energy’s largest product and service line in fiscal 2025, bringing in $2.17B of $2.26B (96%).
| Product and Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Revenue From Sale Of Energy Storage Products & Solutions | $1.18B | $2.20B | $2.65B | $2.17B | ||
| Revenue From Sale Of Energy Storage Products | — | — | — | — | ||
| Revenue From Services | $16.04M | $15.99M | $45.35M | $84.44M | ||
| Revenue From Digital Applications | $2.47M | $4.35M | $5.20M | $6.03M | ||
| Other | — | — | — | — | ||
| Total | $1.20B | $2.22B | $2.70B | $2.26B |
Fluence Energy brought in $2.26B from its three product and service lines in fiscal 2025, the year ended September 30, 2025. That was down 16.1% from $2.70B in fiscal 2024. Revenue From Sale Of Energy Storage Products & Solutions was the largest at $2.17B (96.0%), ahead of Revenue From Services at $84.44M (3.7%) and Revenue From Digital Applications at $6.03M (0.3%).
Compared with fiscal 2024, Revenue From Services grew 86.2% to $84.44M, while Revenue From Sale Of Energy Storage Products & Solutions fell 18.0% to $2.17B. From fiscal 2022 to 2025, combined revenue from these lines grew from $1.20B to $2.26B, a compound annual growth rate of 23.6%. Revenue From Sale Of Energy Storage Products & Solutions' share of the total fell from 98.5% to 96.0%.
Americas (North, Central & South America) was Fluence Energy’s largest region in fiscal 2025, bringing in $1.31B of $2.26B (58%).
| Geography | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Americas (North, Central & South America) | $837.94M | $1.65B | $1.59B | $1.31B | ||
| Emea (Europe, Middle-East & Africa) | $182.44M | $306.79M | $526.30M | $608.32M | ||
| Apac (Asia Pacific) | $178.23M | $266.08M | $579.26M | $348.57M | ||
| Total | $1.20B | $2.22B | $2.70B | $2.26B |
Fluence Energy brought in $2.26B from its three regions in fiscal 2025, the year ended September 30, 2025. That was down 16.1% from $2.70B in fiscal 2024. Americas (North, Central & South America) was the largest at $1.31B (57.7%), ahead of Emea (Europe, Middle-East & Africa) at $608.32M (26.9%) and Apac (Asia Pacific) at $348.57M (15.4%).
Compared with fiscal 2024, Emea (Europe, Middle-East & Africa) grew fastest, up 15.6% to $608.32M, while Apac (Asia Pacific) fell the most, down 39.8% to $348.57M. From fiscal 2022 to 2025, combined revenue from these regions grew from $1.20B to $2.26B, a compound annual growth rate of 23.6%. Americas (North, Central & South America)'s share of the total fell from 69.9% to 57.7%.
Nonrelated Party was Fluence Energy’s largest revenue line in fiscal 2025, bringing in $1.71B of $2.26B (75%).
| Related and Nonrelated Parties | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Nonrelated Party | $552.27M | $1.56B | $1.60B | $1.71B | |
| Related Party | $646.33M | $653.81M | $1.10B | $557.62M | |
| Total | $1.20B | $2.22B | $2.70B | $2.26B |
Fluence Energy brought in $2.26B from its two revenue lines in fiscal 2025, the year ended September 30, 2025. That was down 16.1% from $2.70B in fiscal 2024. Nonrelated Party was the largest at $1.71B (75.4%), ahead of Related Party at $557.62M (24.6%).
Compared with fiscal 2024, Nonrelated Party grew 6.5% to $1.71B, while Related Party fell 49.2% to $557.62M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $1.20B to $2.26B, a compound annual growth rate of 23.6%. Nonrelated Party's share of the total rose from 46.1% to 75.4%.
Fluence Energy (FLNC) reports its revenue by product and service, by geography and by related and nonrelated parties. In fiscal 2025, Revenue From Sale Of Energy Storage Products & Solutions was its largest product and service line, bringing in $2.17B (96.0% of the total), followed by Revenue From Services at $84.44M (3.7%).
Revenue From Sale Of Energy Storage Products & Solutions was Fluence Energy's largest product and service line in fiscal 2025, bringing in $2.17B, or 96.0% of the $2.26B total across its three product and service lines.
Americas (North, Central & South America) was Fluence Energy's largest region in fiscal 2025, bringing in $1.31B, or 57.7% of the $2.26B total across its three regions.
Nonrelated Party was Fluence Energy's largest revenue line in fiscal 2025, bringing in $1.71B, or 75.4% of the $2.26B total across its two revenue lines.
Revenue From Services grew faster than Revenue From Sale Of Energy Storage Products & Solutions in fiscal 2025, up 86.2% from $45.35M to $84.44M. Revenue From Sale Of Energy Storage Products & Solutions fell 18.0% to $2.17B.
Every figure comes from Fluence Energy's annual financial filings, as reported. Each line keeps the name Fluence Energy gives it, and years follow its fiscal calendar.
Fluence Energy's revenue by product and service goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.