Core Insights - Fluence Energy, Inc. reported significant growth in revenue and backlog, driven by increasing global demand for energy storage solutions [3][5][6]. Financial Performance - Revenue for the fiscal quarter ended December 31, 2025, was approximately $475.2 million, representing an increase of about 154.4% compared to the same quarter last year [5]. - The company reported a net loss of approximately $62.6 million, compared to a net loss of approximately $57.0 million for the same quarter last year [5]. - Adjusted EBITDA for the quarter was approximately $(52.1) million, compared to approximately $(49.7) million for the same quarter last year [5]. - The gross profit margin was approximately 4.9%, with an adjusted gross profit margin of 5.6% [5]. Backlog and Order Intake - The backlog as of December 31, 2025, reached approximately $5.5 billion, the highest level in the company's history, following over $750 million in order intake during the first quarter of 2026 [5][6]. - The company's pipeline has grown by approximately 30% to $30 billion since September 2025, reflecting strong demand from data centers, utilities, and industrial sectors [3]. Fiscal Year 2026 Outlook - The company reaffirmed its fiscal year 2026 guidance, expecting revenue between approximately $3.2 billion and $3.6 billion, with a midpoint of $3.4 billion fully covered by orders in backlog [6]. - Adjusted EBITDA for fiscal year 2026 is projected to be approximately $40.0 million to $60.0 million, with a midpoint of $50.0 million [6]. Key Operating Metrics - As of December 31, 2025, the company had 7.2 GW of deployed energy storage products, a 6% increase from September 2025 [31]. - The contracted backlog for energy storage products was 9.7 GW, up 7% from the previous quarter [31]. - The total pipeline for energy storage products reached 41.8 GW, reflecting a 17% increase [31].

Core Insights - Fluence Energy, Inc. reported record financial results for the fiscal year 2025, achieving $1.4 billion in new orders for the quarter and a 13.7% adjusted gross profit margin for the year, indicating strong demand for energy storage solutions [3][5]. Fiscal Year 2025 Financial Highlights - Total revenue for fiscal year 2025 was approximately $2.3 billion, a decrease from $2.7 billion in fiscal year 2024 [5]. - The company experienced a net loss of $68.0 million for fiscal year 2025, compared to a net income of approximately $30.4 million in fiscal year 2024 [5]. - Adjusted EBITDA for fiscal year 2025 was $19.5 million, down from $78.1 million in fiscal year 2024 [5]. - Annual recurring revenue (ARR) reached approximately $148.0 million by the end of fiscal year 2025 [5]. Fiscal Year 2026 Outlook - Fluence is projecting revenue growth of 50% for fiscal year 2026, with approximately 85% of the revenue forecast already secured in the backlog [4][6]. - The company anticipates adjusted EBITDA to be in the range of $40.0 million to $60.0 million for fiscal year 2026, with a midpoint of $50.0 million [6]. Key Operating Metrics - Deployed energy storage products increased to 6.8 GW in fiscal year 2025, up from 5.0 GW in fiscal year 2024, representing a 36.0% increase [37]. - The contracted backlog for energy storage products grew to 9.1 GW, a 21.3% increase from 7.5 GW in fiscal year 2024 [37]. - The pipeline of projects expanded to 35.7 GW, reflecting a 38.4% increase from 25.8 GW in fiscal year 2024 [37]. Cash and Liquidity Position - Total cash and liquidity reached approximately $1.3 billion as of September 30, 2025, the highest level in the company's history, compared to approximately $1.0 billion as of September 30, 2024 [5].