Quarterly ResultAug 5, 2026, 04:18 PM
Fluence Q3 Net Loss $44.3M; Cuts FY26 Revenue Guidance
AI Summary
Fluence Energy reported a net loss of $(44.3) million for Q3 fiscal year 2026, compared to a net income of $6.9 million in the prior year, with revenue of $649.8 million falling short of expectations due to production delays. Consequently, the company revised its FY2026 revenue guidance down to $2.9 billion-$3.1 billion and Adjusted EBITDA guidance to $(30.0) million-$10.0 million. Despite these setbacks, Fluence achieved record order intake of over $1.44 billion and a historic backlog of $6.4 billion, driven by strong customer demand and growth in the data center segment.
Key Highlights
- Q3 Revenue: $649.8 million, up from $602.5 million last year, but below expectations.
- Q3 Net Loss: $(44.3) million, compared to net income of $6.9 million in prior year.
- Revised FY2026 Revenue guidance: $2.9 billion to $3.1 billion, down from $3.2 billion to $3.6 billion.
- Revised FY2026 Adjusted EBITDA guidance: $(30.0) million to $10.0 million, down from $40.0 million to $60.0 million.
- Q3 Order intake: Over $1.44 billion, nearly triple the $508.8 million last year.
- Backlog: Reached a record $6.4 billion as of June 30, 2026.
- $400.0 million in project deliveries delayed to fiscal year 2027 due to production issues.
- Total liquidity: Approximately $863.0 million as of June 30, 2026.
Price Impact
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