Filing Flows › Comparisons › SPB vs FLNC
Spectrum Brands Holdings vs Fluence Energy: SPB and FLNC compared
Spectrum Brands Holdings is the larger company: $753M of revenue in its latest quarter (Q3 FY26) against $650M for Fluence Energy (Q3 FY26). Fluence Energy is growing faster (+8% against +8% a year earlier). Spectrum Brands Holdings is more profitable, with an operating margin of 2.1% against -6.7%.
Where the money goes: SPB and FLNC
Spectrum Brands Holdings (SPB) · Q3 FY26
Spectrum Brands Holdings, Q3 FY26: revenue $753M (+8% year over year), operating margin 2.1%, net loss $21.5M, operating cash flow $83.3M. The chart follows the revenue to costs, profit and cash.
Fluence Energy (FLNC) · Q3 FY26
Fluence Energy, Q3 FY26: revenue $650M (+8% year over year), operating margin -6.7%, net loss $44.3M, operating cash flow −$18.6M. The chart follows the revenue to costs, profit and cash.
| Spectrum Brands Holdings (SPB) | Fluence Energy (FLNC) | |
|---|---|---|
| Latest quarter | Q3 FY26 | Q3 FY26 |
| Revenue | $753M | $650M |
| Revenue growth, Y/Y | +8% | +8% |
| Operating margin | 2.1% | -6.7% |
| Net earnings | −$21.5M | −$44.3M |
| Net margin | -2.9% | -6.8% |
| Operating cash flow | $83.3M | −$18.6M |
| Free cash flow | $73.5M | — |
| Market value | $2.0B | $728M |
| P/E | 23.6× | — |
| Analysts’ mean target | $98.75 | $7.95 |
Where the revenue comes from
Spectrum Brands Holdings
- Product sales: $748M (99%)
- Licensing: $4.7M (1%)
- Service and other: $1.0M (0%)
Fluence Energy
- Revenue from energy storage products and solutions: $627M (97%)
- Revenue from services: $20.1M (3%)
- Revenue from digital applications and solutions: $2.5M (0%)
Questions
Which is bigger, Spectrum Brands Holdings or Fluence Energy?
Spectrum Brands Holdings is the larger company: $753M of revenue in its latest quarter (Q3 FY26) against $650M for Fluence Energy (Q3 FY26).
Is Spectrum Brands Holdings or Fluence Energy growing faster?
Fluence Energy is growing faster (+8% against +8% a year earlier).
Which is more profitable, Spectrum Brands Holdings or Fluence Energy?
Spectrum Brands Holdings is more profitable, with an operating margin of 2.1% against -6.7%.
More: Spectrum Brands Holdings earnings · how Spectrum Brands Holdings makes money · Fluence Energy earnings · how Fluence Energy makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 7, 2026; 10-Q filed Aug 5, 2026). Fiscal quarters can end on different dates. Not investment advice.