Filing Flows › Fluence Energy (FLNC) › Q4 FY25
Fluence Energy (FLNC) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Nov 25, 2025
Fluence Energy (FLNC) reported revenue of $1.0B for the fourth quarter fiscal 2025 (Q4 FY25), -15% from a year earlier and +73% from the quarter before. Operating margin was 4.4%, net earnings $17.9M (1.7% of revenue).
Fluence Energy, Q4 FY25: revenue $1.0B (-15% year over year), operating margin 4.4%, net earnings $17.9M, operating cash flow $266M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +73% | -15% |
| Gross profit | $143M | +60% | -9% |
| Operating profit | $46.1M | +302% | -39% |
| Net earnings | $17.9M | +187% | -62% |
| Operating cash flow | $266M | — | 25× |
| Free cash flow | $261M | — | 36× |
What changed
Revenue was $1.0B in Q4 FY25, down 15% year over year and up 73% from the previous quarter. Revenue from sale of energy storage products and solutions was the largest line at 98% of revenue.
Gross margin was 13.7%, up 0.9 points from Q4 FY24. Operating profit was $0.05B, a 4.4% margin (down 1.7 points year over year). Operating expenses grew 18% against a revenue fall of 15%. Net earnings were $0.02B, down 62% year over year. The effective tax rate was 47.8%.
Operating cash flow was $0.27B (up 2424% year over year), 1104% of net income including minority interests. Non-cash charges added back $0.01B of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items added $0.23B. Capital expenditures of $4.9M left free cash flow of $0.26B.
Questions
What was Fluence Energy's revenue in the fourth quarter fiscal 2025?
Fluence Energy (FLNC) reported revenue of $1.0B for the fourth quarter fiscal 2025 (Q4 FY25), -15% from a year earlier and +73% from the quarter before.
Was Fluence Energy profitable in the fourth quarter fiscal 2025?
Operating profit was $46.1M (4.4% of revenue) and net earnings $17.9M.
Source: Fluence Energy 10-K on SEC EDGAR.