Fluence Energy Inc. (NASDAQ:FLNC) is one of the 10 Stocks Outperforming Wall Street With Monster Returns.
Fluence Energy extended its winning streak to a 6th straight day on Thursday, soaring 39.90 percent to finish at $18.97 apiece, as investors cheered its earnings performance in the second quarter of fiscal year 2026, having narrowed its net losses and markedly growing its revenues during the period.
In an updated report, Fluence Energy Inc. (NASDAQ:FLNC) said that it was able to narrow its attributable net loss by 32.5 percent to $20.9 million from $31 million in the same period last year, while also growing its revenues by 7.7 percent to $464.89 million from $431.6 million.
Battery energy storage solutions. Photo from Fluence Energy website
Fluence Energy Inc. (NASDAQ:FLNC) President and CEO Julian Nebreda said that the company is beginning to see the benefit of its pipeline growth, with growth in orders over the past few months, which supported backlogs reaching record levels.
“We also reached substantial completion on our first delivery of Smartstack and affirmed access to our domestic content offering in the US,” he noted.
“Our customer expansion strategy is gaining momentum: we have signed master supply agreements with two hyperscalers and expect to convert our first order soon,” he noted.
Following the results, Fluence Energy Inc. (NASDAQ:FLNC) reaffirmed its revenue growth outlook for the fiscal year 2026, at $3.2 billion to $3.6 billion, or growth of 39 percent to 56.5 percent from the $2.3 billion in fiscal year 2025.
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