<span item_type="fundamental" item_id="1b8a5714d853a4042d6c8ee0b93a716f" counter_id="ST/US/FLNC" env="prod"></span><span item_type="announcement" item_id="586422240648102529" env="prod"></span><p>Revenue: As of FY2025, the actual value is USD 2.263 B, missing the estimate of USD 2.605 B.</p><p>EPS: As of FY2025, the actual value is USD -0.37, missing the estimate of USD -0.2795.</p><p>EBIT: As of FY2025, the actual value is USD -40.96 M.</p><p></p><h3>Segment Revenue</h3><ul><li>Total revenue for fiscal year 2025 was $2.3 billion, a decrease from $2.7 billion in fiscal year 2024. Fourth quarter revenue was $1.0 billion, down from $1.2 billion in the same period of fiscal 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1868941/000186894125000079/flncq4andfullfy25earningsp.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>GAAP gross profit margin improved to 13.1% for fiscal year 2025, up from 12.6% in fiscal year 2024. The fourth quarter gross profit margin was 13.7%, compared to 12.8% in the same period of fiscal 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1868941/000186894125000079/flncq4andfullfy25earningsp.htm"></span></li><li>The company reported a net loss of $68.0 million for fiscal year 2025, compared to a net income of $30.4 million in fiscal year 2024. However, the fourth quarter saw a net income of $24.1 million, down from $67.7 million in the same period of fiscal 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1868941/000186894125000079/flncq4andfullfy25earningsp.htm"></span></li><li>Adjusted EBITDA was $19.5 million for fiscal year 2025, a decrease from $78.1 million in fiscal year 2024. For the fourth quarter, Adjusted EBITDA was $72.2 million, compared to $86.9 million in the same period of fiscal 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1868941/000186894125000079/flncq4andfullfy25earningsp.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities was - $145.5 million for fiscal year 2025, compared to $79.7 million provided by operating activities in fiscal year 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1868941/000186894125000079/flncq4andfullfy25earningsp.htm"></span></li><li>Free cash flow was - $160.4 million for fiscal year 2025, a decline from $71.6 million in fiscal year 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1868941/000186894125000079/flncq4andfullfy25earningsp.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Annual recurring revenue (ARR) was approximately $148.0 million as of fiscal year end 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1868941/000186894125000079/flncq4andfullfy25earningsp.htm"></span></li><li>Order intake for the fourth quarter of 2025 was over $1.4 billion, the largest quarterly order intake in the company’s history.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1868941/000186894125000079/flncq4andfullfy25earningsp.htm"></span></li><li>Backlog increased to approximately $5.3 billion as of September 30, 2025, up from $4.5 billion as of September 30, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1868941/000186894125000079/flncq4andfullfy25earningsp.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>For fiscal year 2026, the company projects revenue between $3.2 billion and $3.6 billion, with a midpoint of $3.4 billion, and Adjusted EBITDA between $40.0 million and $60.0 million, with a midpoint of $50.0 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1868941/000186894125000079/flncq4andfullfy25earningsp.htm"></span></li><li>Approximately 85% of the midpoint of the company’s revenue guidance for fiscal year 2026 is covered by the backlog as of September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1868941/000186894125000079/flncq4andfullfy25earningsp.htm"></span></li><li>The company expects ARR to reach approximately $180.0 million by the end of fiscal year 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1868941/000186894125000079/flncq4andfullfy25earningsp.htm"></span></li></ul>

Fluence Energy | 8-K: FY2025 Revenue Misses Estimate at USD 2.263 B