Quarterly ResultMay 6, 2026, 04:07 PM
Fluence Energy Q2 Revenue $464.9M; Order Intake Doubles to $2.0B
AI Summary
Fluence Energy reported Q2 fiscal year 2026 results with revenue of $464.9 million, a 7.7% increase year-over-year, and an improved GAAP gross profit margin of 10.0%. The company significantly reduced its net loss to $29.2 million and improved Adjusted EBITDA to $(9.4) million. Operational highlights include a doubling of year-to-date order intake to $2.0 billion and a record backlog of $5.6 billion as of March 31, 2026. Fluence also reaffirmed its fiscal year 2026 outlook, projecting revenue between $3.2 billion and $3.6 billion and Adjusted EBITDA between $40.0 million and $60.0 million.
Key Highlights
- Q2 FY26 revenue increased 7.7% year-over-year to $464.9 million.
- GAAP gross profit margin improved to 10.0% from 9.9% in the prior year quarter.
- Net loss for Q2 FY26 improved to $(29.2) million from $(41.9) million year-over-year.
- Adjusted EBITDA for Q2 FY26 improved to $(9.4) million from $(30.4) million year-over-year.
- Year-to-date order intake doubled to $2.0 billion through May 6, 2026.
- Backlog reached a record $5.6 billion as of March 31, 2026.
- Reaffirmed FY26 revenue outlook of $3.2 billion to $3.6 billion.
- Reaffirmed FY26 Adjusted EBITDA outlook of $40.0 million to $60.0 million.