earnings
confidence high
sentiment negative
materiality 0.85
Fluence Q2 revenue $431.6M (-31% YoY), net loss $41.9M; FY2025 guidance cut sharply on U.S. tariff pause
Fluence Energy, Inc.
2025-Q2 EPS
reported -$0.56
vs consensus -$0.00
▼ miss
(-19210.3%)
- Revenue $431.6M, down 31% YoY; GAAP gross margin 9.9% (vs 10.3%); net loss $41.9M vs $12.9M loss YoY.
- Adjusted EBITDA -$30.4M (vs -$6.1M YoY); quarterly order intake $200M; backlog $4.9B as of March 31, 2025.
- FY2025 revenue guidance cut to $2.6-2.8B (midpoint $2.7B) from $3.1-3.7B; Adjusted EBITDA guidance cut to $0-20M from $70-100M.
- Guidance reduction driven by mutual decisions to pause U.S. projects under existing contracts and defer new contracts due to tariff uncertainty.
- Total cash $610M, up $91.3M from Sept 30, 2024; first Smartstack contract awarded for expected FY2026 delivery.