Fluence Energy (FLNC) Revenue & Revenue Breakdown
Fluence Energy Revenue Highlights
Latest Revenue (Y)
$2.22B
Latest Revenue (Q)
$623.14M
Main Segment (Y)
Product
Main Geography (Y)
Americas
Fluence Energy Revenue by Period
Fluence Energy Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-09-30 | $2.22B | 85.05% |
| 2022-09-30 | $1.20B | 76.07% |
| 2021-09-30 | $680.77M | 21.28% |
| 2020-09-30 | $561.32M | 509.13% |
| 2019-09-30 | $92.15M | - |
Fluence Energy generated $2.22B in revenue during NA 2023, up 85.05% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Fluence Energy Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $623.14M | 71.21% |
| 2023-12-31 | $363.96M | -45.92% |
| 2023-09-30 | $672.98M | 25.47% |
| 2023-06-30 | $536.35M | -23.18% |
| 2023-03-31 | $698.19M | 124.89% |
| 2022-12-31 | $310.46M | -29.76% |
| 2022-09-30 | $441.98M | 84.92% |
| 2022-06-30 | $239.01M | -30.26% |
| 2022-03-31 | $342.72M | 95.97% |
| 2021-12-31 | $174.89M | -7.08% |
| 2021-09-30 | $188.21M | -32.35% |
| 2021-06-30 | $278.19M | 183.49% |
| 2021-03-31 | $98.13M | -15.57% |
| 2020-12-31 | $116.23M | -51.46% |
| 2020-09-30 | $239.46M | - |
Fluence Energy generated $623.14M in revenue during Q2 2024, up 71.21% compared to the previous quarter, and up 200.72% compared to the same period a year ago.
Fluence Energy Revenue Breakdown
Fluence Energy Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Sep 23 | Sep 22 |
|---|---|---|
| Product | $2.20B | $1.18B |
| Service | $15.99M | - |
| Product and Service, Other | - | $126.00K |
| Service, Other | - | $15.91M |
Fluence Energy's latest annual revenue breakdown by segment (product or service), as of Sep 23: Product (99.28%), and Service (0.72%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 |
|---|---|---|---|---|---|---|
| Service | $8.07M | $5.75M | - | - | - | - |
| Product | $613.74M | $356.94M | $667.87M | $530.27M | $693.70M | $305.80M |
| Product and Service, Other | - | - | - | $140.00K | $242.00K | $435.00K |
| Service, Other | - | - | - | $4.82M | $3.09M | $3.44M |
Fluence Energy's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Product (98.70%), and Service (1.30%).
Fluence Energy Revenue Breakdown by Country
Annual Revenue by Country
| Country | Sep 23 | Sep 22 |
|---|---|---|
| Asia Pacific | $266.08M | $178.23M |
| EMEA | $306.79M | $182.44M |
| UNITED STATES | $1.50B | $582.30M |
| Americas | $1.65B | $837.93M |
Fluence Energy's latest annual revenue breakdown by geography, as of Sep 23: Americas (44.31%), UNITED STATES (40.26%), EMEA (8.26%), and Asia Pacific (7.17%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 |
|---|---|---|---|---|---|---|---|---|---|---|
| EMEA | $31.16M | $22.87M | $58.35M | $66.67M | $67.35M | $114.43M | $83.36M | $18.85M | $63.98M | $16.25M |
| Asia Pacific | $58.21M | $81.87M | $143.00M | $29.88M | $73.64M | $19.56M | $62.88M | $77.29M | $21.25M | $16.81M |
| Americas | $533.77M | $259.22M | $471.63M | $439.80M | $557.20M | $176.47M | $295.74M | $142.87M | $257.49M | $141.83M |
Fluence Energy's latest quarterly revenue breakdown by geography, as of Mar 24: Americas (85.66%), Asia Pacific (9.34%), and EMEA (5.00%).
Fluence Energy Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| RNW | ReNew Energy Global | $78.22B | $15.99B |
| AZRE | Azure Power Global | $20.75B | $66.92M |
| FLNC | Fluence Energy | $2.22B | $623.14M |
| ORA | Ormat | $829.42M | $224.17M |
| NRGV | Energy Vault | $341.54M | $3.77M |
| ENLT | Enlight Renewable Energy | $255.70M | $89.59M |
| AMPS | Altus Power | $155.16M | $52.46M |
| HLGN | Heliogen | $4.45M | $2.26M |
| HTOO | Fusion Fuel Green | $4.02M | - |
FLNC Revenue FAQ
What is Fluence Energy’s yearly revenue?
Fluence Energy's yearly revenue for 2023 was $2.22B, representing an increase of 85.05% compared to 2022. The company's yearly revenue for 2022 was $1.2B, representing an increase of 76.07% compared to 2021. FLNC's yearly revenue for 2021 was $680.77M, representing an increase of 21.28% compared to 2020.
What is Fluence Energy’s quarterly revenue?
Fluence Energy's quarterly revenue for Q2 2024 was $623.14M, a 71.21% increase from the previous quarter (Q1 2024), and a -10.75% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $363.96M, a -45.92% decrease from the previous quarter (Q4 2023), and a 17.23% increase year-over-year (Q1 2023). FLNC's quarterly revenue for Q4 2023 was $672.98M, a 25.47% increase from the previous quarter (Q3 2023), and a 52.26% increase year-over-year (Q4 2022).
What is Fluence Energy’s revenue growth rate?
Fluence Energy's revenue growth rate for the last 3 years (2021-2023) was 225.81%, and for the last 5 years (2019-2023) was 2306.90%.
What are Fluence Energy’s revenue streams?
Fluence Energy's revenue streams in p 23 are Product, and Service. Product generated $2.2B in revenue, accounting 99.28% of the company's total revenue, up 86.23% year-over-year. Service generated $15.99M in revenue, accounting 0.72% of the company's total revenue
What is Fluence Energy’s main source of revenue?
For the fiscal year ending Sep 23, the largest source of revenue of Fluence Energy was Product. This segment made a revenue of $2.2B, representing 99.28% of the company's total revenue.