# Fluence Energy, Inc. (FLNC) · Edgar & Edgarette company card

> Fluence Energy (FLNC) saw revenue fall 16.1% in FY2025 to $2.3 billion, equity 18.2% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1868941 · fiscal year ended 2025-09-30 · 5 audited years read · [page](https://www.pops4.com/boards/company/FLNC) · [JSON](https://www.pops4.com/boards/company/FLNC.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $2.3B |
| Revenue growth, 1 year | -16.1% |
| Revenue growth per year | 35.0% |
| Operating margin | — |
| Net margin | -3.0% |
| Operating cash flow | −$146M |
| Capital spending | $15M |
| Free cash flow | −$160M |
| Cash | $691M |
| Long-term debt | — |
| Total assets | $2.4B |
| Total equity | $430M |
| Equity ÷ assets | 18.2% |
| Return on equity | -15.8% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Piotroski F: 3 of 9 (middling)
- Beneish M: -2.01 (below the −1.78 line)
- Health Harbor boat: Weathered boat · two warning signs · operating cash flow was negative; revenue is hard to predict: its 80% range is ±39%
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $2.3B (FY2025). Experience: revenue down 16.1% on the year, up 35.0% a year over 4 years. Soundness: equity 18.2% of assets, return on equity -15.8%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.5B and $3.4B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.1B to $4.6B. A statistical range, not company guidance. Against peers (15 filers, $50M+ revenue, miscellaneous electrical machinery, equipment & supplies): growth -16.1% against 6.9%.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 6, latest 2026-11-02 ([filing](https://www.sec.gov/Archives/edgar/data/1868941/000110465926120941/0001104659-26-120941-index.htm))

## Recent filings

- 8-K · filed 2026-11-02 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1868941/000110465926120941/0001104659-26-120941-index.htm)
- 8-K · filed 2026-10-09 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1868941/000110465926115056/0001104659-26-115056-index.htm)
- 8-K · filed 2026-09-16 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1868941/000110465926108270/0001104659-26-108270-index.htm)
- 8-K · filed 2026-09-01 · 5.02 Departure or Election of Directors; Appointment of Officers; 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1868941/000186894126000037/0001868941-26-000037-index.htm)
- 10-Q · filed 2026-08-05 · [filing](https://www.sec.gov/Archives/edgar/data/1868941/000186894126000029/0001868941-26-000029-index.htm)
- 8-K · filed 2026-08-05 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1868941/000186894126000028/0001868941-26-000028-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001868941.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1868941

## Cite

POPS4, Edgar & Edgarette: Fluence Energy, Inc. (FLNC) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/FLNC. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.