Filing Flows › Fluence Energy (FLNC) › Q2 FY25
Fluence Energy (FLNC) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 8, 2025
Fluence Energy (FLNC) reported revenue of $432M for the second quarter fiscal 2025 (Q2 FY25), -31% from a year earlier and +131% from the quarter before. Operating margin was -10.2%, net loss $41.9M (9.7% of revenue).
Fluence Energy, Q2 FY25: revenue $432M (-31% year over year), operating margin -10.2%, net loss $41.9M, operating cash flow −$46.2M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $432M | +131% | -31% |
| Operating profit | −$43.9M | -158% | — |
| Net earnings | −$41.9M | -188% | — |
| Operating cash flow | −$46.2M | -539% | — |
What changed
Revenue was $431.6M in Q2 FY25, down 31% year over year and up 131% from the previous quarter. Revenue from energy storage products and solutions was the largest line at 92% of revenue. Revenue from energy storage products and solutions lost $216.4M year over year (down 35%), 113% of the total change.
Gross margin was 9.9%, down 0.4 points from a year earlier. Operating costs exceeded revenue by $43.9M, an operating margin of -10.2%. Operating expenses grew 10% against a revenue fall of 31%. The fastest-growing cost line was Sales & marketing (+34%). The quarter ended with a net loss of $41.9M, narrower than the previous quarter's $57.0M loss. Minority interests bore $10.9M of it: to shareholders the quarter was a loss of $31.0M.
Operating cash flow was −$46.2M. Non-cash charges added back $6.2M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items used $14.3M. Capital expenditures of $4.4M exceeded it, leaving free cash flow of −$50.5M.
Questions
What was Fluence Energy's revenue in the second quarter fiscal 2025?
Fluence Energy (FLNC) reported revenue of $432M for the second quarter fiscal 2025 (Q2 FY25), -31% from a year earlier and +131% from the quarter before.
Was Fluence Energy profitable in the second quarter fiscal 2025?
Operating loss was $43.9M (-10.2% of revenue) and net loss $41.9M.
Source: Fluence Energy 10-Q on SEC EDGAR.