v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Total revenue $ 649,848 $ 602,533 $ 1,589,973 $ 1,220,939
Cost of goods and services 616,607 513,434 1,487,053 1,068,057
Gross profit 33,241 89,099 102,920 152,882
Operating expenses:        
Research and development 23,740 26,011 63,351 65,325
Sales and marketing 25,300 19,822 70,600 59,213
General and administrative 37,735 35,603 116,809 113,722
Depreciation and amortization 3,986 3,628 12,010 9,386
Interest (income) expense, net (2,915) 1,083 1,219 733
Other income, net (11,101) (8,519) (19,392) (4,315)
(Loss) income before income taxes (43,504) 11,471 (141,677) (91,182)
Income tax expense (benefit) 772 4,577 (5,574) 869
Net (loss) income (44,276) 6,894 (136,103) (92,051)
Net (loss) income attributable to non-controlling interest (11,459) 642 (37,289) (25,791)
Net (loss) income attributable to Fluence Energy, Inc. $ (32,817) $ 6,252 $ (98,814) $ (66,260)
Weighted average number of Class A common shares outstanding:        
Basic (in shares) 138,129,139 130,723,258 134,060,941 130,062,109
Diluted (in shares) 138,129,139 183,645,493 134,060,941 130,062,109
(Loss) income per share of Class A common stock:        
Basic (in usd per share) $ (0.24) $ 0.05 $ (0.74) $ (0.51)
Diluted (in usd per share) $ (0.24) $ 0.01 $ (0.74) $ (0.51)
Nonrelated Party        
Total revenue $ 600,180 $ 566,926 $ 1,317,908 $ 947,532
Related Party        
Total revenue 49,668 35,607 272,065 273,407
Cost of goods and services 4,614 45,931 13,559 72,785
Operating expenses:        
Research and development 76 0 84 5
Sales and marketing 13 0 92 0
General and administrative $ 465 $ 131 $ 2,402 $ 1,243