Fluence Energy reported its first quarter fiscal year 2026 results for the period ended December 31, 2025 and reaffirmed its full year FY26 guidance. The company posted revenue of $475.2 million, up 154% year over year, driven by strong demand for energy storage from data centers utilities and industrial customers .
Gross profit margin for the quarter was 4.9% on a GAAP basis and 5.6% on an adjusted basis. Fluence recorded a net loss of $62.6 million and adjusted EBITDA of negative $52.1 million. The company signed more than $750 million in new orders during the quarter, taking total backlog to approximately $5.5 billion, the highest level in its history. Total liquidity stood at about $1.1 billion at quarter end .
Fluence reaffirmed its fiscal year 2026 outlook with expected revenue between $3.2 billion and $3.6 billion and adjusted EBITDA of $40 million to $60 million. The company also expects annual recurring revenue to reach around $180 million by the end of FY26. Management noted that the revenue midpoint for FY26 is fully covered by existing backlog .
To Read The full Report – https://ir.fluenceenergy.com/news-releases/news-release-details/fluence-energy-inc-reports-first-quarter-2026-results-reaffirms
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