---
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"
generated_at: "2026-06-15T07:10:37.184612+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Fluence Energy Q2 FY23 revenue $698M (+104% YoY); raises FY guidance to $1.85-$2.0B

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001868941-23-000041
- JSON: https://secwatch.observer/filing/0001868941-23-000041.json
- Plain text: https://secwatch.observer/filing/0001868941-23-000041.txt

## Key facts
- Earnings Releases
  Fluence Energy, Inc. reported fiscal year 2023 results: revenue $1.85-$2.0B. Guidance raised.
  - Period: fiscal year 2023
  - Revenue: $1.85-$2.0B
  - Guidance: raised
  - Result: guidance update
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1868941/000186894123000041/0001868941-23-000041-index.htm
- Earnings Releases
  Fluence Energy, Inc. reported fiscal second quarter 2023 results: revenue $698 million, net income -$37.4 million.
  - Period: fiscal second quarter 2023
  - Revenue: $698 million
  - Net income: -$37.4 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1868941/000186894123000041/0001868941-23-000041-index.htm

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