Financial Snapshot

Revenue
$2.699B
TTM
Gross Margin
12.58%
TTM
Net Earnings
$22.72M
TTM
Current Assets
$1.680B
Q3 2024
Current Liabilities
$1.259B
Q3 2024
Current Ratio
133.49%
Q3 2024
Total Assets
$1.902B
Q3 2024
Total Liabilities
$1.430B
Q3 2024
Book Value
$472.1M
Q3 2024
Cash
$448.7M
Q3 2024
P/E
136.2
Nov 29, 2024 EST
Free Cash Flow
$61.84M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019
Revenue $2.699B $2.218B $1.199B $680.8M $561.3M $92.15M
YoY Change 21.67% 85.05% 76.07% 21.28% 509.13%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019
Revenue $2.699B $2.218B $1.199B $680.8M $561.3M $92.15M
Cost Of Revenue $2.357B $2.077B $1.261B $749.9M $553.4M $100.1M
Gross Profit $341.1M $141.0M -$62.35M -$69.14M $7.923M -$7.917M
Gross Profit Margin 12.64% 6.36% -5.2% -10.16% 1.41% -8.59%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019
Selling, General & Admin $236.8M $177.4M $153.9M $60.79M $34.18M $28.91M
YoY Change 33.49% 15.27% 153.21% 77.85% 18.21%
% of Gross Profit 69.44% 125.87% 431.39%
Research & Development $66.20M $66.31M $60.14M $23.43M $11.54M $9.871M
YoY Change -0.17% 10.25% 156.72% 103.09% 16.86%
% of Gross Profit 19.41% 47.04% 145.59%
Depreciation & Amortization $14.48M $10.67M $2.400M $5.112M $3.018M $2.891M
YoY Change 35.79% 344.38% -53.05% 69.38% 4.39%
% of Gross Profit 4.25% 7.57% 38.09%
Operating Expenses $303.0M $243.7M $214.1M $89.60M $48.21M $39.84M
YoY Change 24.33% 13.86% 138.92% 85.84% 21.01%
Operating Profit $38.05M -$102.8M -$276.4M -$158.7M -$40.29M -$47.76M
YoY Change -137.02% -62.82% 74.13% 294.0% -15.64%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019
Interest Expense $5.676M $5.400M $2.018M -$1.435M $128.0K
YoY Change 5.11% 167.59% -240.63% -1221.09%
% of Operating Profit 14.92%
Other Income/Expense, Net $7.276M $6.952M -$2.281M -$270.0K $648.0K
YoY Change 4.66% -404.78% 744.81% -141.67%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019
Pretax Income $39.57M -$100.3M -$287.8M -$160.2M -$40.29M -$47.76M
YoY Change -139.47% -65.16% 79.69% 297.56% -15.64%
Income Tax $9.206M $4.549M $1.357M $1.829M $6.421M -$778.0K
% Of Pretax Income 23.26%
Net Earnings $22.72M -$69.62M -$104.5M -$162.0M -$46.71M -$46.98M
YoY Change -132.63% -33.37% -35.5% 246.83% -0.58%
Net Earnings / Revenue 0.84% -3.14% -8.72% -23.8% -8.32% -50.98%
Basic Earnings Per Share $0.18 -$0.60 -$1.50
Diluted Earnings Per Share $0.13 -$0.60 -$1.50 -$3.273M -$943.8K -$949.2K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019
Cash & Short-Term Investments $448.7M $345.9M $467.7M $36.83M $93.82M $104.1M
YoY Change 29.72% -26.03% 1169.79% -60.74% -9.89%
Cash & Equivalents $448.7M $345.9M $357.3M $36.83M $93.82M $84.11M
Short-Term Investments $0.00 $110.4M $0.00 $20.00M
Other Short-Term Assets $267.1M $229.5M $143.8M $28.85M $9.595M $8.706M
YoY Change 16.4% 59.57% 398.54% 200.67% 10.21%
Inventory $182.6M $224.9M $652.7M $389.8M $37.31M $10.68M
Prepaid Expenses
Receivables $782.0M $378.3M $337.3M $192.0M $184.6M $23.32M
Other Receivables $0.00 $16.40M $0.00 $14.05M $2.167M $1.468M
Total Short-Term Assets $1.680B $1.195B $1.602B $661.5M $327.5M $148.3M
YoY Change 40.62% -25.38% 142.1% 102.01% 120.83%
Property, Plant & Equipment $15.35M $12.80M $16.16M $8.206M $5.170M $3.953M
YoY Change 19.92% -20.78% 96.9% 58.72% 30.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $118.9M $31.70M $51.42M $2.721M $353.0K $3.105M
YoY Change 275.11% -38.35% 1789.6% 670.82% -88.63%
Total Long-Term Assets $221.7M $157.1M $144.1M $56.16M $36.55M $40.51M
YoY Change 41.15% 9.01% 156.63% 53.64% -9.77%
Total Assets $1.902B $1.352B $1.746B $717.7M $364.0M $188.8M
YoY Change
Accounts Payable $436.7M $65.40M $306.3M $162.9M $87.59M $16.47M
YoY Change 567.8% -78.65% 88.09% 85.95% 431.77%
Accrued Expenses $396.9M $228.1M $206.8M $202.3M $147.8M $23.99M
YoY Change 74.0% 10.28% 2.24% 36.86% 516.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $100.0M $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $30.36M $22.50M
YoY Change 34.93%
Total Short-Term Liabilities $1.259B $745.7M $1.109B $771.5M $378.2M $160.7M
YoY Change 68.81% -32.79% 43.81% 103.97% 135.35%
Long-Term Debt $0.00 $28.00M $0.00 $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $29.10M $17.30M $2.107M $2.381M $2.847M $2.584M
YoY Change 68.21% 721.07% -11.51% -16.37% 10.18%
Total Long-Term Liabilities $29.10M $45.30M $2.107M $2.381M $2.847M $2.584M
YoY Change -35.76% 2049.98% -11.51% -16.37% 10.18%
Total Liabilities $1.430B $949.8M $1.310B $773.9M $381.3M $163.3M
YoY Change 50.57% -27.49% 69.26% 102.98% 133.47%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019
Basic Shares Outstanding 126.2M shares 116.4M shares 69.71M shares
Diluted Shares Outstanding 184.0M shares 116.4M shares 69.71M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.0935 Billion

About Fluence Energy, Inc.

Fluence Energy, Inc. engages in energy storage products and services, and artificial intelligence-enabled digital applications for renewables and storage. The company is headquartered in Arlington, Virginia and currently employs 1,112 full-time employees. The company went IPO on 2021-10-28. The firm provides an ecosystem of offerings to drive the clean energy transition, including modular, scalable energy storage products, comprehensive service offerings and the Fluence IQ Platform. The Fluence IQ Platform delivers artificial intelligence enabled software-as-a-service products, including Fluence Nispera and Fluence Mosaic, for managing and optimizing renewables and storage from any provider. Its services include delivery services, recurring operational services, and financing structuring services, such as energy-storage-as-a-service. Its energy storage products and solutions include Gridstack Pro, Gridstack, Sunstack, Edgestack and Ultrastack. The company has an aggregate of over 15.5 gigawatts (GW) of renewable energy assets using Fluence IQ Platform and 6.8 GW of contracted backlog related to renewable and energy storage assets.

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