Fluence三季度6.025亿美元，同比增长 24.7%

Core Viewpoint - Fluence is expected to reach the lower limit of its previously announced revenue guidance for fiscal year 2025 due to delays in expanding its production base in the U.S. [2] Financial Performance - For the third quarter ending June 30, 2025, Fluence reported revenue of $602.53 million, a 24.7% increase from $483.32 million in the same quarter last year [4][5] - Adjusted EBITDA for the third quarter was $27.4 million, compared to $15.6 million in the third quarter of 2024 [4] - The gross profit margin for the third quarter of 2025 was 12.7%, slightly down from 13.1% in the previous quarter [6] Orders and Backlog - The company signed new customer orders worth $508.8 million during the quarter, bringing the total backlog to approximately $4.9 billion [5][6] - The majority of projects in development are located in the Americas, particularly in the U.S., with previously stalled projects now being restarted [5] Manufacturing and Strategic Initiatives - Fluence is facing delays in production and expansion due to typical upgrade issues while transferring technology from Vietnam to the U.S. [7] - The company is committed to local manufacturing in the U.S., with plans to produce energy storage system enclosures using 100% American steel [7] - Fluence's strategy aligns with new tax credit rules aimed at promoting domestic manufacturing and reducing reliance on foreign suppliers, particularly from China [7] Market Outlook - The company maintains its revenue guidance for fiscal year 2025 at $2.6 billion to $2.8 billion, although it is expected to be closer to the lower end of this range [6] - Fluence believes that the U.S. battery storage market will primarily be dominated by local suppliers, making it difficult for Chinese suppliers to take a leading role [7]