Bernerd Da Santos was appointed as director at Fluence Energy, Inc..
“On June 3, 2026, the Board appointed Mr. Bernerd Da Santos as a director, effective as of the close of business on June 3, 2026, for a term expiring at the Company’s annual meeting of stockholders to be held in 2027”
John Christopher Shelton resigned as director at Fluence Energy, Inc..
“On June 2, 2026, John Christopher ("Chris") Shelton notified the Board of Directors (the "Board") of Fluence Energy, Inc. (the "Company") of his resignation from the Board, effective as of the close of business on June 3, 2026.”
Earnings Releases
Fluence Energy, Inc. reported three and six months ended March 31, 2026 results: revenue $464.9 million, net income $29.2 million and $91.8 million, respectively. Guidance reaffirmed.
“announced its results for the three and six months ended March 31, 2026. Financial and Operational Highlights for Fiscal Quarter Ended March 31, 2026 • Revenue of approximately $464.9 million, an increase of approximately 7.7% from the same quarter last year. • GAAP gross profit margin of approximately 10.0%, and adjusted gross profit margin 1 of approximately 11.1%,”
Material Agreements
Fluence Energy, Inc. amended Amendment Number Four to Syndicated Facility Agreement (effective 2026-03-31).
“On March 31, 2026, Fluence Energy, Inc. entered into Amendment Number Four to Syndicated Facility Agreement (“Amendment Number Four”), which amends that certain Syndicated Facility Agreement, dated as of November 22, 2023 (as previously amended, the “Credit Agreement”).”
Material Agreements
Fluence Energy, Inc. amended Amendment Number Four to Syndicated Facility Agreement (effective 2026-03-31).
“On March 31, 2026, Fluence Energy, Inc. entered into Amendment Number Four to Syndicated Facility Agreement (“Amendment Number Four”), which amends that certain Syndicated Facility Agreement, dated as of November 22, 2023 (as previously amended, the “Credit Agreement”).”
Rebecca Boll resigned as Senior Vice President and Chief Product Officer at Fluence Energy, Inc..
“On January 8, 2025, Rebecca Boll, Senior Vice President and Chief Product Officer of Fluence Energy, Inc. (the "Company") notified the Company of her intent to resign from all positions with the Company, effective January 31, 2025, to pursue other opportunities.”
Shareholder Votes
Fluence Energy, Inc. shareholders approved Advisory vote on the frequency of future stockholder advisory votes on executive compensation at the 2024-03-20 meeting.
“a majority of the votes at the Annual Meeting were cast in favor of conducting future advisory votes on executive compensation on an annual basis”
Earnings Releases
Fluence Energy, Inc. reported the three and six months ended March 31, 2024 results: revenue approximately $623.1 million, net income approximately $12.9 million. Guidance reaffirmed.
“Fluence Energy, Inc. Reports Strong Financial Performance Highlighted By Cash Generation; Reaffirms Fiscal Year 2024 Guidance Ranges ARLINGTON, Va., May 8, 2024 (GLOBE NEWSWIRE) – Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global provider of energy storage products and services as well as digital applications for renewables and storage, today announced its results for the three and six months ended March 31, 2024. Financial Highlights for Second Fiscal Quarter ended March 31, 2024 • Revenue of approximately $623.1 million, which represents a decrease of approximately 11% from the same quarter last year, primarily driven by timing of product deliveries. • GAAP gross profit margin improved to approximately 10.3%, compared to approximately 4.4% for the same quarter last year. • Adjusted gross profit ma rgin 1 improved to approximately 10.6% , compared to approximately 4.6% for the sam e quarter last year. • Net loss of approximately $12.9 million, improved”
Material Agreements
Fluence Energy, Inc. amended Amendment No. 1 with Barclays Bank PLC valued at $400 million (effective 2024-04-08).
“On April 8, 2024, Fluence Energy, Inc. (the "Company") entered into Amendment No. 1 (the "Amendment") to that certain Syndicated Facility Agreement, dated November 22, 2023, with revolving commitments in an aggregate principal amount of $400 million (the "ABL Facility") by and among Fluence Energy, LLC, as parent borrower, the Company, as parent, the other borrowers party thereto, the other guarantors party thereto, the lenders party thereto, and Barclays Bank PLC, as administrative agent”
Shareholder Votes
Fluence Energy, Inc. shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation at the 2024-03-20 meeting.
“Proposal 4: Advisory Vote on the Frequency of Future Advisory Votes on Compensation of Named Executive Officers Stockholders voted as follows on the frequency of future advisory votes on executive compensation: One Year Two Years Three Years Votes Abstained Broker Non-Votes 362,804,259 47,480 188,055 90,166 8,455,288”
Shareholder Votes
Fluence Energy, Inc. shareholders approved Advisory vote to approve the compensation of named executive officers at the 2024-03-20 meeting.
“Proposal 3 - Advisory Vote on the Compensation of Named Executive Officers The stockholders approved a resolution, through a non-binding advisory vote, to approve the 2023 compensation of the Company's named executive officers as described in the Company's Proxy Statement as follows: Votes For Votes Against Votes Abstained Broker Non-Votes 356,735,920 6,270,819 123,221 8,455,288”
Shareholder Votes
Fluence Energy, Inc. shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending September 30, 2024 at the 2024-03-20 meeting.
“Proposal 2 — Ratification of Auditors The proposal to ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2024 was appro ved by the votes indicated below. There were no broker non-votes on this proposal. Votes For Votes Against Votes Abstained Broker Non-Votes 371,245,612 250,857 88,779 —”
Shareholder Votes
Fluence Energy, Inc. shareholders approved Election of twelve director nominees to serve on the Board for a one-year term at the 2024-03-20 meeting.
“Proposal 1 — Election of Directors The Company's stockholders elected the twelve director nominees to serve on the Company's Board of Directors (the "Board") for a one year term expiring on the date of our annual meeting of stockholders in 2025 and until their respective successors have been duly elected and qualified, by the votes indicated below: Nominee Votes For Votes Withheld Broker Non-Votes Cynthia Arnold 346,417,238 16,712,722 8,455,288 Herman Bulls 345,259,736 17,870,224 8,455,288 Emma Falck 348,459,948 14,670,012 8,455,288 Ricardo Falu 348,452,638 14,677,322 8,455,288 Elizabeth Fessenden 347,635,520 15,494,440 8,455,288 Harald von Heynitz 342,204,196 20,925,764 8,455,288 Barbara Humpton 347,422,663 15,707,297 8,455,288 Axel Meier 346,489,119 16,640,841 8,455,288 Tish Mendoza 346,475,700 16,654,260 8,455,288 Julian Nebreda 349,086,716 14,043,244 8,455,288 John Christopher Shelton 348,451,989 14,677,971 8,455,288 Simon James Smith 348,450,705 14,679,255 8,455,288”
Debt Financings
Fluence Energy, Inc. incurred credit facility of $75.0 million with Credit Agricole Corporate and Investment Bank at 1.7% per annum.
“bruary 27, 2024, Fluence Energy, LLC ("Fluence"), a wholly-owned subsidiary of Fluence Energy, Inc., entered into a Master Receivables Purchase Agreement, by and among Fluence and any other seller from time to time party thereto, as sellers and servicers, and Credit Agricole Corporate and Investment Bank ("CACIB"), as purchaser (the "Agreement").”
Material Agreements
Fluence Energy, Inc. entered into Master Receivables Purchase Agreement with Credit Agricole Corporate and Investment Bank valued at $75.0 million (effective 2024-02-27).
“Master Receivables Purchase Agreement On February 27, 2024, Fluence Energy, LLC ("Fluence"), a wholly-owned subsidiary of Fluence Energy, Inc., entered into a Master Receivables Purchase Agreement, by and among Fluence and any other seller from time to time party thereto, as sellers and servicers, and Credit Agricole Corporate and Investment Bank ("CACIB"), as purchaser (the "Agreement").”
Earnings Releases
Fluence Energy, Inc. reported three months ended December 31, 2023 results: revenue $364.0 million, net income $25.6 million. Guidance reaffirmed.
“announced its results for the three months ended December 31, 2023. Financial Highlights for First Fiscal Quarter ending December 31, 2023 • Quarterly revenue of approximately $364.0 million, which represents an increase of 17% from the same quarter last year. • GAAP gross profit margin improved to approximately 10.0%, compared to approximately 3.9% for the same”
Earnings Releases
Fluence Energy, Inc. reported the three months ended September 30, 2023 results: revenue $673 million, net income $4.8 million.
“record revenue for fiscal year 2023 of $2.2 billion and revenue for the fourth quarter of $673 million”
Earnings Releases
Fluence Energy, Inc. reported the quarterly period and fiscal year ended September 30, 2023 results: revenue $2.2 billion, net income $(105) million.
“three months and fiscal year ended September 30, 2023. Financial Highlights for fourth quarter and fiscal year ended September 30, 2023 • Record revenue for fiscal year 2023 of $2.2 billion and revenue for the fourth quarter of $673 million, representing an increase of app roximately 85% from fiscal year 2022 and an increase of approximately 25% from the third”
Debt Financings
Fluence Energy, Inc. incurred revolving credit of $400.0 million with Barclays Bank PLC at Alternate Base Rate plus an additional margin ranging from 2.00% to 2.50% maturing November 22, 2027.
“On November 22, 2023, Fluence Energy, Inc. (the "Company") entered into an asset-based syndicated credit agreement with revolving commitments in an aggregate principal amount of $400.0 million (the "ABL Facility")”
Material Agreements
Fluence Energy, Inc. terminated Terminated Revolving Credit Agreement with JP Morgan Chase Bank, N.A. (effective 2023-11-22).
“On the November 22, 2023, concurrently and in connection with entry into the Credit Agreement, the Company terminated its existing Revolving Credit Agreement, dated November 1, 2021, by and among Fluence Energy, LLC, as the borrower, the Company, as a parent guarantor, the subsidiary guarantors party thereto, the lenders party thereto and JP Morgan Chase Bank, N.A., as administrative agent and collateral agent (as amended, the “Terminated Revolving Credit Agreement"), which provided for b”
Material Agreements
Fluence Energy, Inc. entered into Credit Agreement with Barclays Bank PLC valued at $400.0 million (effective 2023-11-22).
“On November 22, 2023, Fluence Energy, Inc. (the "Company") entered into an asset-based syndicated credit agreement with revolving commitments in an aggregate principal amount of $400.0 million (the "ABL Facility") by and among Fluence Energy, LLC, as parent borrower, the Company, as parent, the other borrowers party thereto, the other guarantors party thereto, the lenders party thereto, and Barclays Bank PLC, as administrative agent (the "Credit Agreement").”
Earnings Releases
Fluence Energy, Inc. reported preliminary financial results for the fiscal year ended September 30, 2023.
“On November 16, 2023, the Company issued a press release reporting preliminary financial information for the fiscal year ended September 30, 2023”
Ahmed Pasha was appointed as Senior Vice President and Chief Financial Officer at Fluence Energy, Inc..
“appointed Ahmed Pasha as Senior Vice President and Chief Financial Officer of the Company, and as the Company’s principal financial officer, to succeed Manavendra Sial effective as of 12:00 a.m. on January 1, 2024”
Manavendra Sial resigned as Senior Vice President and Chief Financial Officer at Fluence Energy, Inc..
“Mr. Sial tendered his resignation to the Company on November 13, 2023, effective at 11:59 p.m. on December 31, 2023, and he remains in office for the Company until that time.”
Amrita Chatterjee departed as Chief Accounting Officer at Fluence Energy, Inc..
“replacing Amrita Chatterjee effective as of 12:00 a.m. on August 15, 2023”
Michelle Philpot was appointed as Chief Accounting Officer at Fluence Energy, Inc..
“On August 14, 2023, the Board of Directors (the “Board”) of Fluence Energy, Inc. (the “Company”) appointed Michelle Philpot as the Company’s Chief Accounting Officer, replacing Amrita Chatterjee effective as of 12:00 a.m. on August 15, 2023 (the “Effective Time”).”
Earnings Releases
Fluence Energy, Inc. reported third fiscal quarter of fiscal year 2023 results: revenue approximately $536.4 million, net income approximately $35.0 million. Guidance raised.
“and storage, today announced its results for the three months ended June 30, 2023. Financial Highlights for Third Fiscal Quarter of 2023 • Quarterly revenue of approximately $536.4 million which represents an increase of 124% year-over-year. • GAAP gross profit margin improved to approximately 4.1%, compared to approximately negative 2.2% for the same quarter last”
Earnings Releases
Fluence Energy, Inc. reported fiscal year 2023 results: revenue $1.85-$2.0B. Guidance raised.
“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.”
Earnings Releases
Fluence Energy, Inc. reported fiscal second quarter 2023 results: revenue $698 million, net income -$37.4 million.
“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.”
Shareholder Votes
Fluence Energy, Inc. shareholders approved Election of twelve directors for a term of office expiring on the date of the annual meeting of stockholders in 2024 and until their respective successors have been duly elected and qualified. at the 2023-03-20 meeting.
“Item 1 — Election of twelve directors for a term of office expiring on the date of the annual meeting of stockholders in 2024 and until their respective successors have been duly elected and qualified. Nominee Votes For Votes Withheld Broker Non-Votes Cynthia Arnold 388,223,150 6,568,236 3,482,112 Herman Bulls 378,404,241 16,387,145 3,482,112 Emma Falck 385,350,280 9,441,106 3,482,112 Ricardo Falu 385,353,399 9,437,987 3,482,112 Elizabeth Fessenden 394,183,116 608,270 3,482,112 Harald von Heynitz 388,212,051 6,579,335 3,482,112 Barbara Humpton 374,119,453 20,671,933 3,482,112 Axel Meier 379,328,232 15,463,154 3,482,112 Tish Mendoza 379,321,391 15,469,995 3,482,112 Julian Nebreda 386,053,609 8,737,777 3,482,112 John Christopher Shelton 385,341,620 9,449,766 3,482,112 Simon James Smith 385,355,752 9,435,634 3,482,112”
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.
“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”
Governance Changes
Fluence Energy, Inc.: Amended charter to permit Class B-1 common stock holders to convert shares into Class B-2 common stock at a one-to-one ratio at any time (effective 2022-12-22).
“On December 22, 2022, Fluence Energy, Inc. (the “Company”) filed a Certificate of Amendment (the “Certificate of Amendment”) to its Amended and Restated Certificate of Incorporation (the “Charter”) with the Secretary of State of the State of Delaware to amend the Charter to permit holders of the Company’s Class B‐1 common stock, par value $0.00001 per share (the “Class B-1 Common Stock”), to convert shares of Class B‐1 Common Stock into shares of Class B‐2 common stock, par value $0.00001 per share, of the Company (the “Class B‐2 Common Stock,” and together with the Class B‐1 Common Stock, the “Class B Common Stock”), at a one‐to‐one ratio at any time at the option of such holder.”
Earnings Releases
Fluence Energy, Inc. reported the quarterly period ended September 30, 2022 results: revenue $442 million. Guidance initiated.
“Record revenue of $1.2 billion and $442 million for the full year and fourth quarter, respectively”
Earnings Releases
Fluence Energy, Inc. reported the fiscal year ended September 30, 2022 results: revenue $1.2 billion. Guidance initiated.
“Record revenue of $1.2 billion and $442 million for the full year and fourth quarter, respectively”
Ricardo Falu was appointed as Director at Fluence Energy, Inc..
“On September 16, 2022, the Board of Directors (the “Board”) of Fluence Energy, Inc. (the “Company”) appointed Mr. Ricardo Falu to serve as a director on the Company’s Board to fill the AES Grid Stability, LLC (“AES Grid Stability”) designee vacancy”
Manavendra Sial was appointed as Senior Vice President and Chief Financial Officer at Fluence Energy, Inc..
“Manavendra Sial was appointed as the Company’s new Senior Vice President and Chief Financial Officer, effective as of 12:00 a.m. on September 15, 2022”
Dennis Fehr departed as Senior Vice President and Chief Financial Officer at Fluence Energy, Inc..
“Mr. Fehr left his role as Senior Vice President and Chief Financial Officer effective as of 11:59 p.m. on September 14, 2022”
Dennis Fehr departed as Chief Financial Officer at Fluence Energy, Inc..
“Following the Effective Time, Mr. Fehr is expected to remain with the Company in a non-executive capacity until October 15, 2022.”
Manavendra Sial was appointed as Senior Vice President and Chief Financial Officer at Fluence Energy, Inc..
“appointed Manavendra (Manu) Sial, 46, as Senior Vice President and Chief Financial Officer of the Company and as the Company’s principal financial officer, to replace Dennis Fehr, effective as of 12:00 a.m. on September 15, 2022”
Julian Nebreda was appointed as President and Chief Executive Officer at Fluence Energy, Inc..
“Julian Nebreda was appointed as the Company’s new President and Chief Executive Officer, effective September 1, 2022, replacing Manuel Perez Dubuc.”
Manuel Perez Dubuc resigned as Member of the Board at Fluence Energy, Inc..
“Mr. Perez Dubuc notified the Board of Directors of the Company (the "Board") of his resignation as a member of the Board, effective August 31, 2022”
Manuel Perez Dubuc departed as President and Chief Executive Officer at Fluence Energy, Inc..
“Julian Nebreda was appointed as the Company’s new President and Chief Executive Officer, effective September 1, 2022, replacing Manuel Perez Dubuc.”
Manuel Perez Dubuc departed as Chief Executive Officer at Fluence Energy, Inc..
“Manuel Perez Dubuc, who will cease to serve as Chief Executive Officer, effective as of August 31, 2022.”
Julian Nebreda was appointed as President and Chief Executive Officer at Fluence Energy, Inc..
“appointed Julian Nebreda as President and Chief Executive Officer of the Company, and as the Company’s principal executive officer, to be effective as of 12:00 a.m. on September 1, 2022”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.