Fluence Energy's earnings call reflected a strong performance with record revenues and significant backlog growth. The company achieved its first full-year profit and reported positive free cash flow. However, concerns about potential tariff impacts and increased competition from Chinese manufacturers were noted. Overall, the company's strong growth outlook and strategic advancements in manufacturing and digital services position it well for future opportunities.

Company Guidance

During the Fourth Quarter 2024 Earnings Call for Fluence Energy, the company provided detailed guidance and metrics reflecting their strong financial performance and future growth prospects. They reported a record $2.7 billion in revenue for fiscal year 2024, achieving a 12.6% gross margin and $78 million in adjusted EBITDA, which surpassed their fiscal year 2023 performance by nearly $140 million. For fiscal 2025, Fluence anticipates revenue growth to reach a midpoint of $4 billion, with a projected adjusted gross profit margin between 10% and 15%, and an adjusted EBITDA midpoint of $180 million. They also highlighted a 55% increase in backlog to $4.5 billion and a pipeline growth to $21 billion, underscoring a strong market demand for energy storage solutions. The company emphasized their strategic initiatives, including the acceleration of U.S. manufacturing capabilities and the impact of potential tariff changes, projecting to generate $145 million in annual recurring revenue by the end of fiscal 2025.

Record Revenue Achievement

Fluence Energy reported a record revenue of approximately $2.7 billion for fiscal year 2024, marking a 22% increase from the previous year.

First Full-Year Profit

The company reported its first full-year profit with an adjusted EBITDA of $78 million, which is $140 million higher than fiscal year 2023.

Significant Backlog Growth

Fluence Energy's backlog grew by 55% to $4.5 billion, providing strong visibility to future revenue streams.

Positive Free Cash Flow

The company generated $72 million in free cash flow for the fiscal year, a significant improvement from a negative $115 million last year.

Strong Pipeline Development

The pipeline increased by $500 million to approximately $21 billion, reflecting significant growth prospects for energy storage globally.

U.S. Manufacturing Milestone

Fluence began producing U.S.-made battery modules with advanced robotics, enhancing production efficiency and quality.

Digital and Services Growth

Annual recurring revenue from digital and services increased by 80% to $100 million.

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Fluence Energy (FLNC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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FLNC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 06, 2025	2025 (Q1)	-0.19 / -	-0.094	―	―	―
Nov 25, 2024	2024 (Q4)	0.28 / 0.34	0.029	1072.41% (+0.31)
Aug 07, 2024	2024 (Q3)	-0.13 / 0.07	-0.192	134.38% (+0.26)
May 08, 2024	2024 (Q2)	-0.07 / -0.02	-0.136	86.76% (+0.12)
Feb 07, 2024	2024 (Q1)	-0.15 / -0.09	-0.105	10.48% (+0.01)
Nov 28, 2023	2023 (Q4)	-0.07 / 0.03	-0.238	112.18% (+0.27)
Aug 09, 2023	2023 (Q3)	-0.18 / -0.19	-0.275	30.18% (+0.08)
May 10, 2023	2023 (Q2)	-0.23 / -0.14	-0.313	56.55% (+0.18)
Feb 09, 2023	2023 (Q1)	-0.25 / -0.10	-0.259	59.46% (+0.15)
Dec 12, 2022	2022 (Q4)	-0.29 / -0.24	-0.132	-80.30% (-0.11)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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FLNC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 25, 2024	$23.50	$19.00	-19.15%
Aug 07, 2024	$13.84	$15.92	+15.03%
May 08, 2024	$20.38	$18.75	-8.00%
Feb 07, 2024	$20.23	$21.58	+6.67%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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