Skip to main content
Midas Edge

Fluence Energy, Inc.

For the period ended Mar 31, 2026. Filed May 6, 2026.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 6, 2026

FLNC$4.91-9.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Condensed Consolidated Statements of Changes in Stockholders’ Equity

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (UNAUDITED)

(U.S. Dollars in Thousands, except Shares)

​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · Accumulated · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · ​ ​ ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Other · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ · Class A · ​ · Class B-1 · ​ · Additional · ​ · ​ · ​ · ​ · ​ · Comprehensive · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Total
​ · ​ · Common Stock · ​ · Common Stock · ​ · Paid-In · ​ · Accumulated · ​ · Income · ​ · Treasury Stock · ​ · ​ · Non-Controllig · ​ · stockholders’
​ · ​ · Shares · ​ · Amount · ​ · Shares · ​ · Amount · ​ · Capital · ​ · Deficit · ​ · (Loss) · ​ · Shares · ​ · Amount · ​ · interest · ​ · equity
Balance December 31, 2025132,220,374​$151,499,195—​$635,552​$(244,832)​$9,835968,602​$(12,568)​$100,236​$488,224
Net loss—​———​—​(20,927)​——​—​(8,312)​(29,239)
Stock-based compensation246,213​———​3,942​—​——​—​—​3,942
Class A common stock withheld related to settlement of employee taxes for stock-based compensation awards(19,760)​———​—​—​—19,760​(362)​—​(362)
Effect of remeasurement of non-controlling interest due to other share transactions—​———​388​—​——​(388)​—​​
Proceeds from exercise of stock options334,265​———​873​—​——​873​​​​
Loss on foreign currency translation, net of tax—​———​—​—​(2,216)—​—​(856)​(3,072)
Loss on cash flow hedges, net of tax—​———​—​—​(1,567)—​—​(616)​(2,183)
Balance March 31, 2026132,781,092​$151,499,195—​$640,755​$(265,759)​$6,052988,362​$(12,930)​$90,064​$458,183
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · Accumulated · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · ​ ​ ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Other · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ · Class A · ​ · Class B-1 · ​ · Additional · ​ · ​ · ​ · ​ · ​ · Comprehensive · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Total
​ · ​ · Common Stock · ​ · Common Stock · ​ · Paid-In · ​ · Accumulated · ​ · Income · ​ · Treasury Stock · ​ · ​ · Non-Controllig · ​ · stockholders’
​ · Shares · Amount · Shares · Amount · Capital · Deficit · (Loss) · Shares · Amount · interest · equity
Balance at September 30, 2025131,164,365​$151,499,195—​$627,956​$(199,762)​$11,613850,206​$(10,213)​$119,253​$548,848
Net loss—​———​(65,997)​—​——​(25,830)​(91,827)​​
Stock-based compensation928,821​———​9,230​—​——​—​—​9,230
Class A common stock withheld related to settlement of employee taxes for stock-based compensation awards(138,156)​———​—​—​—138,156​(2,717)​(2,717)​​
Effect of remeasurement of non-controlling interest due to other share transactions—​———​1,190​—​——​—​(1,190)​—
Proceeds from exercise of stock options826,062​———​2,379​—​——​—​2,379​​
Loss on foreign currency translation, net of tax—​———​—​—​(1,448)—​—​(557)​(2,005)
Loss on cash flow hedges, net of tax—​———​—​—​(4,113)—​—​(1,612)​(5,725)
Balance March 31, 2026132,781,092​$151,499,195—​$640,755​$(265,759)​$6,052988,362​$(12,930)​$90,064​$458,183
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · Accumulated · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · ​ ​ ​ · ​ · ​ ​ ​ · ​ ​ ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Other · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ · Class A · ​ · Class B-1 · ​ · Additional · ​ · ​ · ​ · ​ · ​ · Comprehensive · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Total
​ · ​ · Common Stock · ​ · Common Stock · ​ · Paid-In · ​ · Accumulated · ​ · Income · ​ · Treasury Stock · ​ · ​ · Non-Controllig · ​ · stockholders’
​ · Shares · Amount · Shares · Amount · Capital · Deficit · (Loss) · Shares · Amount · interest · equity
Balance at December 31, 2024129,929,023​151,499,195​—​$611,982​$(192,914)​$222​$809,423​$(9,856)​$119,865​$529,300
Net loss—​——​—​—​(31,046)​—​—​—​(10,886)​(41,932)
Stock-based compensation194,744​——​—​3,826​—​—​—​—​—​3,826
Class A common stock withheld related to settlement of employee taxes for stock-based compensation awards(5,912)​——​—​—​—​—​5,912​(94)​—​(94)
Effect of remeasurement of non-controlling interest due to other share transactions—​——​—​405​—​—​—​—​(405)​—
Proceeds from exercise of stock options334,006​——​—​818​—​—​—​—​—​818
Distribution to AES Grid Stability—​——​—​(1,035)​—​—​—​—​—​(1,035)
Gain on foreign currency translation, net of tax—​——​—​—​—​6,215​—​—​2,459​8,674
Loss on cash flow hedges, net of tax—​——​—​—​—​(354)​—​—​(140)​(494)
Balance March 31, 2025130,451,861​$151,499,195​$—​$615,996​$(223,960)​$6,083​815,335​$(9,950)​$110,893​$499,063
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Accumulated · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Other · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​​Class A​Class B-1​Additional​​​​Comprehensive​​​​​​​​​​Total
​ · ​ · Common Stock · ​ · Common Stock · ​ · Paid-In · ​ · Accumulated · ​ · Income · ​ · Treasury Stock · ​ · Non-Controllig · ​ · stockholders’
​​ ​ ​Shares​ ​ ​Amount​ ​ ​Shares​ ​ ​Amount​ ​ ​Capital​ ​ ​Deficit​ ​ ​(Loss)​ ​ ​Shares​ ​ ​Amount​ ​ ​interest​ ​ ​equity
Balance at September 30, 2024129,421,797​151,499,195​—​$634,851​$(151,448)​$(1,840)​$786,048​$(9,460)​$135,035​$607,139
Net loss—​——​—​—​(72,512)​—​—​—​(26,433)​(98,945)
Stock-based compensation553,330​——​—​9,092​—​—​—​—​—​9,092
Class A common stock withheld related to settlement of employee taxes for stock-based compensation awards(29,287)​——​—​—​—​—​29,287​(490)​—​(490)
Effect of remeasurement of non-controlling interest due to other share transactions—​——​848​—​—​—​—​(848)​—​​
Proceeds from exercise of stock options506,021​——​—​1,240​—​—​—​—​—​1,240
Purchases of Capped Calls related to 2030 Convertible Senior Notes—​——​—​(29,000)​—​—​—​—​—​(29,000)
Distribution to AES Grid Stability—​——​—​(1,035)​—​—​—​—​—​(1,035)
Loss on foreign currency translation, net of tax—​——​—​—​—​2,415​—​—​948​3,363
Gain on cash flow hedges, net of tax—​——​—​—​—​5,508​—​—​2,191​7,699
Balance March 31, 2025130,451,861​$151,499,195​$—​$615,996​$(223,960)​$6,083​815,335​$(9,950)​$110,893​$499,063
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.