FLNC (Fluence Energy) Gross Margin %: 10.03% (As of Mar. 2026) — 611% Above Median


FLNC Fluence Energy Inc FLNC
75 GF Score
Price $19.23
GF Value $22.57
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Fluence Energy Gross Margin %?

Fluence Energy FLNC -0.67% 75 Gross Margin % is 10.03% as of Mar. 2026, which is 611% above its 10-year median of 1.41. GuruFocus rates FLNC with a GF Score™ of 75/100 and a GF Value™ of $22.57 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, Fluence Energy ranks worse than 83.13% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Fluence Energy's Gross Profit for the three months ended in Mar. 2026 was $47 Mil. Fluence Energy's Revenue for the three months ended in Mar. 2026 was $465 Mil. Therefore, Fluence Energy's Gross Margin % for the quarter that ended in Mar. 2026 was 10.03%.


The historical rank and industry rank for Fluence Energy's Gross Margin % or its related term are showing as below:

FLNC' s Gross Margin % Range Over the Past 10 Years
Min: -10.16   Med: 1.41   Max: 13.07
Current: 11.67


During the past 7 years, the highest Gross Margin % of Fluence Energy was 13.07%. The lowest was -10.16%. And the median was 1.41%.

FLNC's Gross Margin % is ranked worse than
83.13% of 403 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.35 vs FLNC: 11.67

Fluence Energy had a gross margin of 10.03% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fluence Energy was 0.00% per year.


Fluence Energy  (NAS:FLNC) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Fluence Energy had a gross margin of 10.03% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Fluence Energy Gross Margin % Related Terms


Fluence Energy Gross Margin % Historical Data

* Premium members only.

The historical data trend for Fluence Energy's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fluence Energy Gross Margin % Chart

Fluence Energy Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial -10.16 -5.20 6.36 12.64 13.07

Fluence Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.87 14.79 13.72 4.85 10.03

FLNC vs RNW, XIFR, NRGV: Gross Margin % Comparison

For the Utilities - Renewable subindustry, Fluence Energy's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fluence Energy Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Fluence Energy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fluence Energy's Gross Margin % falls into.


FLNC
75GF Score
Fluence Energy Inc FLNC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fluence Energy Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Fluence Energy's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=295.8 / 2262.83
=(Revenue - Cost of Goods Sold) / Revenue
=(2262.83 - 1967.045) / 2262.83
=13.07 %

Fluence Energy's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=46.6 / 464.891
=(Revenue - Cost of Goods Sold) / Revenue
=(464.891 - 418.261) / 464.891
=10.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 10.03% mean?
Fluence Energy (FLNC) has a Gross Margin % of 10.03% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Fluence Energy and its competitors. This is 611% above median its historical median of 1.41. According to the industry distribution chart, Fluence Energy ranks #335 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 83.1%.
Is Fluence Energy's Gross Margin % too high?
Fluence Energy's current Gross Margin % of 10.03% is 611% above median its 10-year median of 1.41. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. Fluence Energy's value of 10.03% is 68% below this industry median. Based on the distribution chart, Fluence Energy ranks #335 out of 403 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Fluence Energy has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fluence Energy's Gross Margin % compare to RNW and XIFR?
According to the Utilities - Independent Power Producers industry distribution chart, Fluence Energy ranks #335 out of 403 companies for Gross Margin %. This places Fluence Energy in the lower half of its industry. The industry median Gross Margin % is 31.35. Fluence Energy's value of 10.03% is 68% below this benchmark. While the company's 10-year median is 1.41 vs. the industry median of 31.35, Fluence Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fluence Energy's current Gross Margin % of 10.03% is 68% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Fluence Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fluence Energy's current Gross Margin % is 10.03%, which is 611% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fluence Energy stock overvalued right now?
Based on GuruFocus' analysis, Fluence Energy (FLNC) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.57, compared to a current price of $19.23 — trading 14.8% below its estimated fair value. The current Gross Margin % is 10.03%, which is 611% above median its 10-year median of 1.41 and 68% below the Utilities - Independent Power Producers industry median of 31.35. Fluence Energy's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Fluence Energy (FLNC), the current Gross Margin % is 10.03% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fluence Energy (FLNC) Overvalued in 2026?

Based on GuruFocus' analysis, Fluence Energy stock appears to be undervalued. The current stock price of $19.23 is trading 14.8% below its estimated GF Value™ of $22.57. GuruFocus considers Fluence Energy to be Modestly Undervalued.

Key valuation signals for FLNC:

  • Gross Margin %: 10.03% (611% above median its 10-year median of 1.41)
  • GF Value™: $22.57 vs. price of $19.23 (14.8% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 68% below the Utilities - Independent Power Producers median (#335 of 403)

No single metric tells the full story. See the FLNC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fluence Energy Business Description

Address 4601 Fairfax Drive, Suite 600, Arlington, VA, USA, 22203
Fluence Energy Inc provides intelligent energy storage and optimization software for renewables and storage. Its energy storage solutions and operational services support a more resilient grid and help unlock the potential of renewable portfolios. The company's offerings include energy storage solutions, recurring operational and maintenance services, and Software-as-a-Service (SaaS) products designed to meet customer business needs, performance requirements, in-house capabilities, and risk profiles. Its service plans offer varying levels of training, maintenance, guarantees, warranties, and support for active system management. The company operates in the Americas, APAC and EMEA, with the majority of revenue coming from the Americas.
75GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.23
Price
$22.57
GF Value