{"schema_version":"secwatch.filing_event.v1","accession":"0001868941-23-000041","form_type":"8-K","ticker":"FLNC","cik":"0001868941","company_name":"Fluence Energy, Inc.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.395427+00:00","generated_at":"2026-06-15T07:10:37.184612+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Fluence Energy Q2 FY23 revenue $698M (+104% YoY); raises FY guidance to $1.85-$2.0B","bullets":["Record quarterly revenue of $698M, up 104% YoY; GAAP gross profit margin improved to 4.4% from (4.3%).","Net loss narrowed to $37.4M from $60.7M; Adjusted EBITDA improved to $(24.8)M from $(53.2)M.","Total backlog $2.8B as of March 31, 2023, up from $2.7B at Dec 31, 2022.","Raising FY 2023 guidance: revenue $1.85-$2.0B, adjusted gross profit $110-$135M.","Expects to be near Adjusted EBITDA breakeven in Q4 fiscal 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001868941-23-000041","json":"https://secwatch.observer/filing/0001868941-23-000041.json","markdown":"https://secwatch.observer/filing/0001868941-23-000041.md","text":"https://secwatch.observer/filing/0001868941-23-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1868941/000186894123000041/0001868941-23-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1868941/000186894123000041/flnc-form8xkx2023q2earning.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T07:10:37.184612+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ab35da677054f42e2d43df2bbceb9fec9b361502","claim":"Fluence Energy, Inc. reported fiscal year 2023 results: revenue $1.85-$2.0B. Guidance raised.","evidence_excerpt":"We are raising our Fiscal Year 2023 guidance range to $1.85-$2.0B for revenue and $110-$135M for adjusted gross profit 3 due to select project timing acceleration. • We are pulling forward our profitability timeline and now expect to be close to Adjusted EBITDA breakeven in the fourth fiscal quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1868941/000186894123000041/0001868941-23-000041-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2023"},{"label":"Revenue","value":"$1.85-$2.0B"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"ca8166072562e1e580fbae0bd34b5cd2085b2a08","claim":"Fluence Energy, Inc. reported fiscal second quarter 2023 results: revenue $698 million, net income -$37.4 million.","evidence_excerpt":"Financial Highlights for Second Fiscal Quarter of 2023 • Record quarterly revenue of approximately $698 million which represents an increase of 104% year-over-year. • GAAP gross profit margin improved to approximately 4.4%, compared to approximately negative 4.3% for the same quarter last year. • Adjusted gross profit margin 1 improved to approximately 4.6%, compared to approximately negative 3.3% for the same quarter last year. • Net loss of $37.4 million, compared to net loss of $60.7 million for the same quarter last year. • Adjusted EBITDA 1 of negative $24.8 million, compared to negative $53.2 million for the same quarter last year. • Total backlog 2 of $2.8 billion as of March 31, 2023, compared to $2.7 billion as of December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1868941/000186894123000041/0001868941-23-000041-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal second quarter 2023"},{"label":"Revenue","value":"$698 million"},{"label":"Net income","value":"-$37.4 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}