For the quarter ending 2026-03-31, FLNC had -$64,885K decrease in cash & cash equivalents over the period. -$123,595K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -29,239 | -62,588 | 24,062 | 6,894 |
| Depreciation and amortization | 10,732 | 8,794 | 10,414 | 8,255 |
| Amortization of debt issuance costs | 1,151 | 1,148 | 1,145 | 1,128 |
| Inventory provision | 18 | -7,053 | 7,770 | -337 |
| Stock-based compensation | 3,942 | 5,288 | 4,081 | 6,367 |
| Deferred income taxes | -175 | 28 | 537 | 5,369 |
| Trade receivables, net | -108,573 | 16,013 | 121,476 | -2,851 |
| Unbilled receivables | 31,488 | 11,822 | 90,402 | 34,202 |
| Receivables from related parties | -85,493 | 22,280 | 42,378 | -75,488 |
| Advances to suppliers | 86,590 | -6,072 | -87,528 | 29,095 |
| Inventory | 222,261 | 77,365 | -190,965 | -50,543 |
| Other current assets | 12,664 | 28,506 | 111 | -17,374 |
| Other non-current assets | -12,427 | -3,222 | 63,315 | 842 |
| Accounts payable | 54,750 | -182,749 | 61,614 | 22,018 |
| Deferred revenue-Related Party | 7,768 | -21,301 | 32,127 | -60,590 |
| Deferred revenue-Nonrelated Party | 2,259 | 163,257 | 97,405 | 12,451 |
| Accruals and provisions | -24,114 | 33,761 | 24,773 | -159,087 |
| Taxes payable | -2,993 | -16,141 | 28,296 | -17,271 |
| Other current liabilities | 4,433 | -6,294 | 7,312 | -1,280 |
| Other non-current liabilities | -3,135 | 3,750 | 5,396 | -2,390 |
| Net cash used in operating activities | -121,113 | -226,792 | 265,743 | -153,865 |
| Proceeds from maturities of short-term investments | - | - | 0 | - |
| Payments for purchase of investment in joint venture | - | - | 0 | - |
| Capital expenditures on software and other | 4,276 | 3,521 | 4,892 | 3,725 |
| Purchase of property and equipment | 2,482 | 5,827 | 4,860 | 3,562 |
| Net cash used in investing activities | -6,758 | -9,348 | -9,752 | -7,287 |
| Proceeds from borrowing against note receivable - pledged as collateral | - | - | 0 | - |
| Class a common stock withheld related to settlement of employee taxes for stock-based compensation awards | 362 | 2,355 | 263 | 0 |
| Proceeds from issuance of 2030 convertible senior notes | - | 0 | 0 | 0 |
| Purchases of capped calls related to 2030 convertible senior notes | - | 0 | 0 | 0 |
| Payments of debt issuance costs | - | - | 0 | 11,152 |
| Payment for debt issuance costs | 1,473 | 0 | 0 | 0 |
| Purchases under supply chain financing arrangements | 70,810 | - | - | - |
| Proceeds from exercise of stock options | 873 | 1,506 | 403 | 527 |
| Distribution to aes grid stability | - | - | 0 | 0 |
| Principal payments on finance leases | 1,448 | 938 | 1,905 | 465 |
| Net cash provided by financing activities | 68,400 | -1,787 | -1,765 | -468 |
| Effect of exchange rate changes on cash and cash equivalents | -5,414 | 1,071 | 516 | 11,493 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -64,885 | -236,856 | 254,742 | -150,127 |
| Cash, cash equivalents, and restricted cash as of the beginning of the period | 477,774 | 714,630 | 459,888 | 610,015 |
| Cash, cash equivalents, and restricted cash as of the end of the period | 412,889 | 477,774 | 714,630 | 459,888 |
Fluence Energy, Inc. (FLNC)
Fluence Energy, Inc. (FLNC)