EarningsQ3 2026 Earnings Report
MX:FLNC Q3 2026 EPS Results
Actual EPS-$4.12
Consensus EPS-$0.07
Beat/MissMissed by -$4.05
One Year Ago EPS$0.17
MX:FLNC Q3 2026 Revenue Results
Actual Revenue$11.15B
Expected Revenue$14.04B
Beat/MissMissed by -$2.89B
YoY Revenue Growth+7.85%
Earnings Announcement Details
QuarterQ3 2026
Date08/05/2026
TimeAfter Close
Conference CallWednesday, August 5, 2026
MX:FLNC Upcoming Earnings
Fluence Energy's next earnings date is estimated for November 30, 2026, based on past reporting schedules.
Q3 2026 Earnings Call Audio
MX:FLNC Q3 2026 Earnings Call
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Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call mixed strong commercial momentum with material execution challenges. Positives include record order intake, growing data center traction, a record backlog ($6.4B) and an expanded pipeline ($33.1B), plus product wins (Smartstack at 75% of orders) and maintained liquidity and ARR targets. Negatives center on operational execution: production and quality issues at two new manufacturing facilities that caused a ~$90M Q3 revenue shortfall, pushed ~$400M of revenue into fiscal 2027, produced ~$30M of near-term charges, and led to downward revisions to 2026 revenue and adjusted EBITDA guidance and a potential need for $300M–$500M additional working capital. Management has initiated leadership changes and remediation plans, but execution risk and near-term margin pressure remain significant.Company Guidance
Record Quarterly Order Intake
Signed $1.44 billion of orders in the third fiscal quarter, nearly triple the $509 million signed in the same period last year; $2.7 billion signed year-to-date through Q3, ~80% higher than last year.
Data Center Customer Momentum
Secured first developer behind-the-meter order of $300 million and received an additional ~$550 million of awards under a hyperscaler MSA in July; data center pipeline increased to 16 GWh, a >35% increase quarter-over-quarter.
Record Backlog and Large Pipeline
Ended the quarter with a record backlog of $6.4 billion, up 14% sequentially and >30% year-over-year; total pipeline exited at $33.1 billion, up $1.6 billion versus last quarter (indicative of ~$3 billion of new opportunities after conversion).
Smartstack Adoption and Product Evolution
Smartstack represented 75% of orders year-to-date; announced Smartstack 10 which increases unit energy density from 7.5 MWh to 10 MWh, reinforcing product differentiation on density, safety and software integration.
Revenue Growth Year‑over‑Year
Generated Q3 revenue of $650 million, up 8% year-over-year.
Expanded Manufacturing Capacity (Long‑Term Benefit)
Contracted larger manufacturing facilities including a U.S. automated facility (Houston) expected to provide ~15 GWh annual capacity when fully ramped; international facilities are fully ramped after initial quality corrections.
Maintained Liquidity and ARR Target
Ended Q3 with total liquidity of approximately $863 million (including ~$365 million cash) and maintained the expectation for annual recurring revenue of approximately $180 million by fiscal year-end.
Organizational Actions to Improve Execution
Announced supply chain leadership changes: Roman Loosen to lead supply chain/manufacturing and Peter Williams to focus on product, intended to strengthen production oversight and transformation for scale.
MX:FLNC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed