---
schema_version: "secwatch.filing_event.v1"
accession: "0001868941-23-000019"
form_type: "8-K"
ticker: "FLNC"
cik: "0001868941"
company_name: "Fluence Energy, Inc."
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T21:01:32.600564+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fluence Q1 revenue up 78% to $310.5M; net loss narrows to $37.2M; raises FY23 guidance

## Summary
- Revenue $310.5M (+78% YoY); GAAP gross margin 3.9% vs -30.4% prior year.
- Net loss improved to $37.2M from $111.5M; Adjusted EBITDA -$25.5M from -$42.8M.
- Total backlog $2.7B, up from $2.2B at Sept 30, 2022.
- Raising FY23 revenue guidance midpoint by $150M and adj. gross profit midpoint by $20M.
- Company adds Northvolt batteries to Generation 6 Cubes, expanding supply optionality.

## SEC filing metadata
- accession: 0001868941-23-000019
- form_type: 8-K
- ticker: FLNC
- cik: 0001868941
- company_name: Fluence Energy, Inc.
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868941/000186894123000019/0001868941-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868941/000186894123000019/flnc-20230208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001868941-23-000019
- JSON: https://secwatch.observer/filing/0001868941-23-000019.json
- Plain text: https://secwatch.observer/filing/0001868941-23-000019.txt

## Key facts
- Earnings Releases
  Fluence Energy, Inc. reported first fiscal quarter of fiscal year 2023 results: revenue $310.5 million, net income Net loss of $37.2 million. Guidance raised.
  - Period: first fiscal quarter of fiscal year 2023
  - Revenue: $310.5 million
  - Net income: Net loss of $37.2 million
  - Guidance: raised
  - Result: reported results
  source text: for renewables and storage, today announced its results for the three months ended December 31, 2022. Financial Highlights for First Fiscal Quarter of 2023 • Revenue of $310.5 million which represents an increase of 78% year-over-year. • GAAP gross profit margin improved to approximately 3.9% including previously disclosed settlement of liquidated damages
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868941/000186894123000019/0001868941-23-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
