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Fluence Energy (FLNC) R&D spending by quarter

Fluence Energy's R&D spending was $18.5M in Q1 FY26 (first quarter fiscal 2026), -11% from Q4 FY25. Over the last 3 quarters it ranged from $18.5M (Q1 FY26) to $22.1M (Q2 FY25).

Fluence Energy R&D spending by quarterFluence Energy R&D spending by quarter$22.1MQ2 FY25$20.9MQ4 FY25$18.5MQ1 FY26
QuarterR&D spendingQ/QY/Y
Q1 FY26$18.5M-11%—
Q4 FY25$20.9M-6%—
Q2 FY25$22.1M——

Q1 FY26 at a glance

Fluence Energy, Q1 FY26: revenue $475M (+154% year over year), operating margin -14.8%, net loss $62.6M, operating cash flow −$227M. The chart follows the revenue to costs, profit and cash.

Questions

What is Fluence Energy's R&D spending?

Fluence Energy's R&D spending was $18.5M in Q1 FY26 (first quarter fiscal 2026), -11% from Q4 FY25.

How has Fluence Energy's R&D spending changed?

Over the last 3 quarters it ranged from $18.5M (Q1 FY26) to $22.1M (Q2 FY25).

Q1 FY26 results → · How Fluence Energy makes money →