Fluence Energy, Inc. (FLNC) Income Tax Expense
The tax expense for Fluence Energy, Inc. (FLNC) is $22.92 Million with a year-over-year change of +148.94%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
FLNC Tax Expense Chart
Reported annual fiscal-period values; no daily interpolation.
Current Tax Expense
$22.92M
$22.92 Million
Year-over-Year Change
+148.94%
vs. $9.21M prior year
Historical Data
7
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $22.92M | +$13.71M | +148.94% |
| 2024 | $9.21M | +$4.66M | +102.37% |
| 2023 | $4.55M | +$3.19M | +235.22% |
| 2022 | $1.36M | $-472,000 | -25.81% |
| 2021 | $1.83M | $-4.59M | -71.52% |
| 2020 | $6.42M | +$7.20M | +925.32% |
| 2019 | $-778,000 | — | — |
About Fluence Energy, Inc.
Fluence Energy, Inc. (FLNC) is a global provider of sophisticated energy storage systems and AI-powered digital applications, specifically designed for renewable energy integration and overall storage optimization. The company's core offering encompasses integrated energy storage products, blending advanced hardware, proprietary software, and intelligent digital controls. Alongside these products, Fluence delivers comprehensive services, including expert engineering and deployment support, ongoing operational maintenance, and a flexible 'energy storage-as-a-service' model. They also develop standalone digital tools and applications. Key among its product portfolio are solutions like Gridstack, an industrial-grade system built for large-scale grid applications; Sunstack, engineered to maximize the efficiency of solar energy capture and distribution; and Edgestack, a commercial-focused solution designed to manage energy loads and smooth demand peaks for businesses. Fluence serves a diverse client base, including major utilities, renewable energy developers, and commercial and industrial enterprises. Established in 2018 and headquartered in Arlington, Virginia, Fluence operates as a joint venture formed by Siemens Aktiengesellschaft and The AES Corporation.
- Sector
- Utilities
- Industry
- Renewable Utilities
- CEO
- Julian Jose Nebreda Marquez