Fluence Energy Q2 revenue misses analyst estimates

Fluence Energy

06/05/2026 22:08

Overview

U.S. energy storage provider's fiscal Q2 revenue rose 7.7% yr/yr but missed analyst expectations

EPS for fiscal Q2 was a loss of $0.16

Outlook

Fluence Energy expects fiscal 2026 revenue between $3.2 bln and $3.6 bln

Company sees fiscal 2026 adjusted EBITDA of $40 mln to $60 mln

Fluence expects annual recurring revenue of $180 mln by end of fiscal 2026

Result Drivers

ORDER ACCELERATION - Co said pipeline growth led to an acceleration of orders and record backlog in Q2

CUSTOMER EXPANSION - Signed master supply agreements with two major hyperscalers, expecting first order in Q3, per CEO Julian Nebreda

IMPROVED MARGINS - Gross profit margin increased to 10.0% from 9.9% yr/yr, and adjusted gross profit margin rose to 11.1% from 10.4%

Company press release: ID:nGNX9409d1

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$464.9 mln
$623.05 mln (11 Analysts)
Q2 EPS
-$0.16


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 12 "hold" and 4 "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy."

Wall Street's median 12-month price target for Fluence Energy Inc is $14.00, about 10.3% above its May 5 closing price of $12.69

The stock recently traded at 117 times the next 12-month earnings vs. a P/E of 568 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)