v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
Total revenue $ 464,891 $ 431,618 $ 940,125 $ 618,406
Cost of goods and services 418,261 389,036 870,446 554,623
Gross profit 46,630 42,582 69,679 63,783
Operating expenses:        
Research and development 21,070 22,119 39,611 39,314
Sales and marketing 23,269 21,189 45,300 39,391
General and administrative 37,226 41,412 79,074 78,119
Depreciation and amortization 4,275 2,943 8,024 5,758
Interest expense (income), net 2,762 391 4,134 (350)
Other (income) expense, net (14,276) (1,547) (8,291) 4,204
Loss before income taxes (27,696) (43,925) (98,173) (102,653)
Income tax expense (benefit) 1,543 (1,993) (6,346) (3,708)
Net loss (29,239) (41,932) (91,827) (98,945)
Net loss attributable to non-controlling interest (8,312) (10,886) (25,830) (26,433)
Net loss attributable to Fluence Energy, Inc. $ (20,927) $ (31,046) $ (65,997) $ (72,512)
Weighted average number of Class A common shares outstanding:        
Basic (in shares) 132,542,675 129,985,932 132,026,842 129,731,535
Diluted (in shares) 132,542,675 129,985,932 132,026,842 129,731,535
Loss per share of Class A common stock:        
Basic (in usd per share) $ (0.16) $ (0.24) $ (0.5) $ (0.56)
Diluted (in usd per share) $ (0.16) $ (0.24) $ (0.5) $ (0.56)
Nonrelated Party        
Total revenue $ 424,726 $ 264,407 $ 717,728 $ 380,606
Related Party        
Total revenue 40,165 167,211 222,397 237,800
Cost of goods and services 1,730 23,974 8,945 26,854
Operating expenses:        
Research and development   4 8 4
Sales and marketing 61   79  
General and administrative $ 378 $ 397 $ 1,938 $ 1,111