The table below shows Fluence Energy, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$2.26B
$2.70B
$2.22B
$1.20B
$680.77M
$561.32M
Cost of revenue
$1.97B
$2.36B
$2.08B
$1.26B
$749.91M
$553.40M
Gross profit
$295.79M
$341.08M
$140.96M
-$62.35M
-$69.14M
$7.92M
R&D
$86.22M
$66.19M
$66.31M
$60.14M
$23.43M
$11.54M
FLNC annual revenue (10-K history)
Fluence Energy, Inc. reported annual revenue of $2.26B for fiscal year 2025. That is down 16.1% from $2.70B in fiscal 2024. Over the 6 fiscal years shown, annual revenue grew from $561.32M (FY 2020) to $2.26B. Figures come from the company's audited annual reports as filed with the SEC.