Overview
- Fluence shares extended a multi‑day rally to finish at $18.97, up about 40% across the stretch following its fiscal Q2 update.
- The company posted Q2 revenue of $464.89 million versus roughly $622 million expected, with sales up 7.7% year over year and the net loss narrowing to $20.9 million.
- Management reported a record $5.6 billion backlog and about $2.0 billion in year‑to‑date orders, backed by a larger pipeline of 41.3 GW and 147.0 GWh of energy storage projects.
- Fluence signed master supply agreements with two hyperscalers, meaning very large cloud or data center operators, and said it expects the first order to convert soon.
- The company reaffirmed full‑year revenue guidance of $3.2 billion to $3.6 billion and said its first Smartstack delivery reached substantial completion while it also confirmed access to a U.S. domestic‑content offering.