Fluence Energy annual r&d spending
2020
2021
2022
2023
2024
2025
Fluence Energy R&D Spending Growth & History (FLNC)
Fluence Energy's r&d spending was $86.2M for fiscal 2025.
View full Fluence Energy company overviewFluence Energy annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $86.2M | $20.0M | +30.25% |
| 2024 | 2024-09-30 | $66.2M | −$112,000 | −0.17% |
| 2023 | 2023-09-30 | $66.3M | $6.2M | +10.25% |
| 2022 | 2022-09-30 | $60.1M | $36.7M | +156.72% |
| 2021 | 2021-09-30 | $23.4M | $11.9M | +103.09% |
| 2020 | 2020-09-30 | $11.5M | — | — |
Fluence Energy quarterly r&d spending
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $23.7M | −$2.3M | −8.73% |
| Q2 2026 | 2026-03-31 | $21.1M | −$1.0M | −4.74% |
| Q1 2026 | 2025-12-31 | $18.5M | $1.3M | +7.83% |
| Q4 2025 | 2025-09-30 | $20.9M | $2.5M | +13.84% |
| Q3 2025 | 2025-06-30 | $26.0M | $11.0M | +73.68% |
| Q2 2025 | 2025-03-31 | $22.1M | $4.7M | +26.92% |
| Q1 2025 | 2024-12-31 | $17.2M | $1.8M | +11.37% |
| Q4 2024 | 2024-09-30 | $18.4M | $3.7M | +25.05% |
| Q3 2024 | 2024-06-30 | $15.0M | $5.1M | +51.00% |
| Q2 2024 | 2024-03-31 | $17.4M | −$5.1M | −22.72% |
| Q1 2024 | 2023-12-31 | $15.4M | −$3.7M | −19.42% |
| Q4 2023 | 2023-09-30 | $14.7M | −$3.2M | −18.08% |
| Q3 2023 | 2023-06-30 | $9.9M | −$8.2M | −45.29% |
| Q2 2023 | 2023-03-31 | $22.6M | $9.2M | +69.05% |
| Q1 2023 | 2022-12-31 | $19.2M | $8.4M | +78.12% |
| Q4 2022 | 2022-09-30 | $17.9M | $11.7M | +190.07% |
| Q3 2022 | 2022-06-30 | $18.1M | $13.4M | +282.47% |
| Q2 2022 | 2022-03-31 | $13.3M | $5.0M | +59.44% |
| Q1 2022 | 2021-12-31 | $10.8M | $6.6M | +159.60% |
| Q4 2021 | 2021-09-30 | $6.2M | — | — |
| Q3 2021 | 2021-06-30 | $4.7M | — | — |
| Q2 2021 | 2021-03-31 | $8.4M | — | — |
| Q1 2021 | 2020-12-31 | $4.1M | — | — |
Fluence Energy r&d spending trends
Over the last five fiscal years, Fluence Energy's r&d spending increased from $11.5M to $86.2M, a change of $74.7M. The latest reported quarter, Q3 2026, shows $23.7M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Fluence Energy source filings ↗