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Fluence Energy (FLNC) Revenue & Revenue Breakdown

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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

DateRevenueChange
2023-09-30$2.22B85.05%
2022-09-30$1.20B76.07%
2021-09-30$680.77M21.28%
2020-09-30$561.32M509.13%
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

DateRevenueChange
2024-03-31$623.14M71.21%
2023-12-31$363.96M-45.92%
2023-09-30$672.98M25.47%
2023-06-30$536.35M-23.18%
2023-03-31$698.19M124.89%
2022-12-31$310.46M-29.76%
2022-09-30$441.98M84.92%
2022-06-30$239.01M-30.26%
2022-03-31$342.72M95.97%
2021-12-31$174.89M-7.08%
2021-09-30$188.21M-32.35%
2021-06-30$278.19M183.49%
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/ServiceSep 23Sep 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/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 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

CountrySep 23Sep 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

CountryMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 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

TickerCompanyLast Year RevenueLast Quarter Revenue
RNWReNew Energy Global$78.22B$15.99B
AZREAzure Power Global$20.75B$66.92M
FLNCFluence Energy$2.22B$623.14M
ORAOrmat$829.42M$212.96M
NRGVEnergy Vault$341.54M$1.20M
ENLTEnlight Renewable Energy$255.70M$89.59M
AMPSAltus Power$155.16M$58.68M
HLGNHeliogen$4.45M$1.05M
HTOOFusion 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.