Fluence Energy, Inc.(FLNC)Stock Analysis
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Rank #2,124 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
FLNC Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Fluence Energy, Inc. (FLNC), a Technology sector company. 13F Pro's AI-powered ranking engine scores FLNC at 35.9/100 on a 32-signal composite quality model, placing it at rank #2,124 of 2,879 stocks — the bottom half of the AI-ranked universe. FLNC scores in the top quartile across institutional flow (95.5). Areas of concern include free cash flow (11.8) and balance sheet strength (26.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Fluence Energy, Inc. reports quarterly revenue of $464.9M, net income of $-20.9M, an operating margin of -6.0%. Top institutional holders of FLNC by reported 13-F value include SIEMENS PENSION E V, SIEMENS AG, D. E. Shaw & Co.,, based on the most recent SEC filings. FLNC trades on the Nasdaq exchange and files with the SEC under CIK 1868941. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FLNC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Fluence Energy, Inc. directly from SEC EDGAR. Fluence Energy, Inc.'s 13F Pro composite quality score has ranged between 8 and 73 since 2022, currently 35.9 — a declining long-term trajectory across 49 quarterly and live scoring snapshots.
Revenue
Q2 2026
$464.9M
Net Income
Q2 2026
$-20.9M
Free Cash Flow
Q2 2026
$-123.6M
Operating Margin
Q2 2026
-6.0%
ROIC
Q2 2026
-7.5%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-16.1% YoYNet Income
-312.7% YoYEPS (Diluted)
-384.6% YoYTotal Assets
+23.9% YoYTotal Debt
-100.0% YoYOp. Cash Flow
-282.6% YoY| Metric | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Revenue | $2.26B -16.1% | $2.70B +125.1% | $1.20B +76.1% | $680.8M +21.3% | $561.3M |
| Net Income | $-48.3M -312.7% | $22.7M +121.7% | $-104.5M | — | — |
| EPS (Diluted) | $-0.37 -384.6% | $0.13 +108.7% | $-1.50 | — | — |
| Total Assets | $2.36B +23.9% | $1.90B +9.0% | $1.75B +143.2% | $717.7M | — |
| Total Debt | $0.00 -100.0% | $30.4M | $0.00 | — | — |
| Operating Cash Flow | $-145.5M -282.6% | $79.7M +128.2% | $-282.4M -6.5% | $-265.3M -1792.6% | $-14.0M |
AI Insight: FLNC Financial Trends
Fluence exhibits extreme quarterly volatility with Q3 peaks followed by Q4/Q1 troughs, while maintaining zero debt since Q4 2024.
• Revenue swings dramatically from Q3 2025 peak of $1,042M to Q1 2026 trough of $465M, mirroring prior year pattern.
• Company eliminated all debt by Q4 2024, maintaining zero debt position through Q1 2026.
• Operating cash flow turned positive at $266M in Q3 2025 before reversing to -$121M in Q1 2026.
⚠ Equity declined from $430M in Q3 2025 to $368M in Q1 2026 amid continued losses.
⚠ Persistent seasonality creates cash flow challenges in Q4/Q1 periods despite strong Q3 performance.
AI Insight: FLNC Ratio Trends
Fluence shows severe quarterly volatility with Q4 consistently negative, but latest quarter operating margin improved to -6.0% from -14.8%.
• Operating margin swung from 4.4% in Q3 2025 to -14.8% in Q4 2025, then recovered partially to -6.0% in Q1 2026.
• ROIC volatility extreme with Q3 2025 at 42.9%, Q4 2025 at -72.7%, and Q1 2026 at -30.1%.
• Company eliminated debt with D/E ratio falling from 0.13 in Q2 2024 to 0.00 by Q1 2025.
⚠ Q4 quarters consistently show major margin deterioration — Q4 2024 at -31.4% and Q4 2025 at -14.8%.
⚠ TTM operating margin of -1.6% masks severe quarterly swings that could signal execution challenges.
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Available Research
13F Pro tracks comprehensive data for Fluence Energy, Inc. including:
Top Institutional Holders of FLNC
SIEMENS PENSION TRUST E V
$437.0M31,761,131 shSIEMENS AG
$271.6M19,738,064 shD. E. Shaw & Co., Inc.
$83.2M6,045,038 shContext Capital Management, LLC
$79.4M78,672,000 shTWO SIGMA INVESTMENTS, LP
$78.4M5,695,266 shBlackRock, Inc.
$75.9M5,517,433 shJANE STREET GROUP, LLC
$64.5M4,686,300 shBNP PARIBAS FINANCIAL MARKETS
$50.9M37,000 shBANK OF AMERICA CORP /DE/
$42.5M3,085,730 shVANGUARD PORTFOLIO MANAGEMENT LLC
$41.1M2,985,503 sh
| Fund | Value | Shares |
|---|---|---|
| SIEMENS PENSION TRUST E V | $437.0M | 31,761,131 |
| SIEMENS AG | $271.6M | 19,738,064 |
| D. E. Shaw & Co., Inc. | $83.2M | 6,045,038 |
| Context Capital Management, LLC | $79.4M | 78,672,000 |
| TWO SIGMA INVESTMENTS, LP | $78.4M | 5,695,266 |
| BlackRock, Inc. | $75.9M | 5,517,433 |
| JANE STREET GROUP, LLC | $64.5M | 4,686,300 |
| BNP PARIBAS FINANCIAL MARKETS | $50.9M | 37,000 |
| BANK OF AMERICA CORP /DE/ | $42.5M | 3,085,730 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $41.1M | 2,985,503 |
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Popular Research
Is FLNC a good stock to buy?
13F Pro's AI-powered analysis of Fluence Energy, Inc. (FLNC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for FLNC are available on the FLNC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own FLNC?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling FLNC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Fluence Energy, Inc.'s investment landscape.