earnings
confidence high
sentiment negative
materiality 0.85
Fluence Energy Q1 revenue falls 49% YoY; slashes FY2025 guidance on Australian contract delays
Fluence Energy, Inc.
2025-Q1 EPS reported
-$0.32
revenue$186,788,000
- Q1 revenue $186.8M, down 49% YoY; net loss $57.0M, worsened from $25.6M loss a year ago.
- Adjusted gross margin improved to 12.5% from 10.5%; Adjusted EBITDA -$49.7M vs -$18.3M.
- Quarterly order intake $778M; backlog hits record $5.1B as of Dec 31, 2024.
- Issued $400M of 2.25% convertible senior notes due 2030 to support growth.
- FY2025 revenue guidance lowered to $3.1B-$3.7B (midpoint $3.4B) from $3.6B-$4.4B; Adj. EBITDA guidance halved to $70M-$100M.