Fluence Energy, Inc.
FLNC Utilities Utilities Renewable
Fluence Energy, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $2.3 billion, down 16.1% from fiscal 2024. In the quarter to June 2026, revenue grew 7.85%, EPS fell 580.0%, free cash flow grew 85.2% and total debt was flat, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Fluence Energy, Inc. (FLNC) EV/Sales
As of 16 October 2026, Fluence Energy, Inc. (FLNC) trades at a EV/Sales of 0.4×. Over the past ten years it has ranged from −0.3× (May 2022) to 3.1× (November 2021); the current reading is higher than 19% of that period. That is below the Utilities Renewable industry median of 5.1× and below the Utilities sector median of 4.4×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 0.5× | (43.52%) |
| FY2024 | 0.9× | (9.97%) |
| FY2023 | 1.0× | 109.66% |
| FY2022 | 0.5× | (82.93%) |
| FY2021 | 2.9× | 0.00% |
| FY2020 | 2.9× | 0.00% |
| FY2019 | 2.9× | 0.00% |
| FY2018 | 2.9× | — |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 1.1× | 48.31% |
| Mar 2026 | 0.7× | (28.19%) |
| Dec 2025 | 1.0× | 95.98% |
| Sep 2025 | 0.5× | 41.12% |
| 20 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| FLNC Fluence Energy, Inc. | 0.4× |
| NRGV Energy Vault Holdings, Inc. compare | 2.8× |
| BEPC Brookfield Renewable Corporation compare | 3.5× |
| EBR.B Eletrobras compare | 3.8× |
| XIFR XPLR Infrastructure, LP compare | 5.4× |
| RNW ReNew Energy Global PLC compare | 6.0× |
| ORA Ormat Technologies, Inc. compare | 6.7× |
| CWEN Clearway Energy, Inc. compare | 8.1× |
| ELLO Ellomay Capital Ltd. compare | 16.6× |
| Utilities Renewable industry median | 5.1× |
| Utilities sector median | 4.4× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)