FLNC (Fluence Energy) Research & Development: $87 Mil (TTM As of Mar. 2026)


FLNC Fluence Energy Inc FLNC
75 GF Score
Price $19.38
GF Value $22.53
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Fluence Energy Research & Development?

Fluence Energy FLNC -1.84% 75 Research & Development is $87 Mil as of Mar. 2026. GuruFocus rates FLNC with a GF Score™ of 75/100 and a GF Value™ of $22.53 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Fluence Energy's Research & Development for the three months ended in Mar. 2026 was $21 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $87 Mil.

Fluence Energy  (NAS:FLNC) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Fluence Energy Research & Development Related Terms

Fluence Energy Research & Development Historical Data

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The historical data trend for Fluence Energy's Research & Development 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 Research & Development Chart

Fluence Energy Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Research & Development
Get a 7-Day Free Trial 23.43 60.14 66.31 66.20 86.22

Fluence Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 22.12 26.01 20.89 18.54 21.07
FLNC
75GF Score
Fluence Energy Inc FLNC
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Fluence Energy Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $87 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $87 Mil mean?
Fluence Energy (FLNC) has a Research & Development of $87 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Fluence Energy and its competitors.
Is Fluence Energy's Research & Development too high?
Fluence Energy's current Research & Development is $87 Mil. 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 Research & Development compare to RNW and XIFR?
Fluence Energy's Research & Development of $87 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Utilities - Independent Power Producers company?
A good Research & Development depends on the Utilities - Independent Power Producers industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Fluence Energy and its competitors. Fluence Energy's current Research & Development is $87 Mil. 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 $22.53, compared to a current price of $19.38 — trading 14% below its estimated fair value. The current Research & Development is $87 Mil. 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Fluence Energy (FLNC), the current Research & Development is $87 Mil 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 $19.38 is trading 14% below its estimated GF Value™ of $22.53. GuruFocus considers Fluence Energy to be Modestly Undervalued.

Key valuation signals for FLNC:

  • Research & Development: $87 Mil
  • GF Value™: $22.53 vs. price of $19.38 (14% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.38
Price
$22.53
GF Value