Energy Storage News•about 11 hours ago
Fluence revenue up 154% but margin halves in last three months of 2025
Key Takeaway
Fluence's halved margins amidst booming revenue highlight increasing cost pressures or intense competition in the energy storage market, which will likely translate to higher project costs or tighter margins for developers and large power consumers.
AI Summary
- •Leading energy storage system integrator Fluence reported a 154% revenue increase to US$475.2 million in Q4 2025, indicating strong market demand for storage solutions.
- •Despite revenue growth, Fluence's net loss grew by approximately 10% to US$62.6 million, and its margins halved, suggesting significant cost pressures or intense competition within the energy storage sector.
- •For developers and large power consumers, this financial performance signals potential volatility in BESS project costs and supply chain dynamics, which could impact project economics, PPA negotiations, and overall project viability.
Topics
financingoemppastorage