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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q3 FY262026-06-30 | Q2 FY262026-03-31 | Q1 FY262025-12-31 | Q4 FY252025-09-30 | Q3 FY252025-06-30 | Q2 FY252025-03-31 | Q1 FY252024-12-31 | Q4 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $649.85M | $464.89M | $475.23M | $1.04B | $602.53M | $431.62M | $186.79M | $1.23B |
| Cost of revenue | $616.61M | $418.26M | $452.19M | $898.99M | $513.43M | $389.04M | $165.59M | $1.07B |
| Gross profit | $33.24M | $46.63M | $23.05M | $142.90M | $89.10M | $42.58M | $21.20M | $157.47M |
| Gross margin | 5.1% | 10.0% | 4.9% | 13.7% | 14.8% | 9.9% | 11.4% | 12.8% |
| Research and development | $23.74M | $21.07M | $18.54M | $20.89M | $26.01M | $22.12M | $17.20M | $18.35M |
| Selling, general and administrative | $63.04M | $60.50M | $63.88M | $69.62M | $55.43M | $62.60M | $54.91M | $68.67M |
| Operating expenses | $90.76M | $85.84M | $86.17M | $94.48M | $85.06M | $87.66M | $74.92M | $89.86M |
| Operating income | −$57.52M | −$39.21M | −$63.12M | $48.43M | $4.04M | −$45.08M | −$53.72M | $67.61M |
| Operating margin | -8.9% | -8.4% | -13.3% | 4.6% | 0.7% | -10.4% | -28.8% | 5.5% |
| EBITDA | −$46.32M | −$28.48M | −$54.33M | $58.84M | $12.29M | −$38.89M | −$49.23M | $71.70M |
| Interest income | $0 | $0 | −$1.37M | −$3.38M | $0 | $0 | $741.00K | $1.12M |
| Interest expense | $2.92M | −$2.76M | $0 | — | −$1.08M | −$391.00K | $0 | — |
| Income before taxes | −$43.50M | −$27.70M | −$70.48M | $46.11M | $11.47M | −$43.93M | −$58.73M | $75.60M |
| Income taxes | $772.00K | $1.54M | −$7.89M | $22.05M | $4.58M | −$1.99M | −$1.72M | $7.88M |
| Net income | −$44.28M | −$29.24M | −$62.59M | $24.06M | $6.89M | −$41.93M | −$57.01M | $67.72M |
| Net margin | -6.8% | -6.3% | -13.2% | 2.3% | 1.1% | -9.7% | -30.5% | 5.5% |
| EPS, basic | −$0.24 | −$0.16 | −$0.34 | $0.14 | $0.05 | −$0.24 | −$0.32 | $0.38 |
| EPS, diluted | −$0.24 | −$0.16 | −$0.34 | $0.14 | $0.01 | −$0.24 | −$0.32 | $0.33 |
| Diluted shares | 138.13M | 132.54M | 131.52M | 130.31M | 183.65M | 129.99M | 129.48M | 184.03M |
Figures describe Fluence Energy shares, not any token. As of Aug 5, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.