R&D expense · 2020–2025

Fluence Energy R&D expense

$86.2M+30.2% · FY2025

Fluence Energy (FLNC) reported $86.2M in R&D expense for fiscal 2025, +30.2% year on year.

$11.5M2020$23.4M2021$60.1M2022$66.3M2023$66.2M2024$86.2M2025
Fluence Energy — R&D expense, 2020–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-09-30$86.2M+30.2%Open →
FY20242024-09-30$66.2M−0.2%Open →
FY20232023-09-30$66.3M+10.3%Open →
FY20222022-09-30$60.1M+156.7%Open →
FY20212021-09-30$23.4M+103.1%Open →
FY20202020-09-30$11.5M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2020–2025 compound annual growth +49.5%

R&D expense at companies of similar size

Full ranking by R&D expense →

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Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Fluence Energy R&D expense |url=https://companiesranked.com/en/company/fluence-energy/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Fluence Energy R&D expense. CompaniesRanked. https://companiesranked.com/en/company/fluence-energy/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-fluence-energy-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Fluence Energy R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/fluence-energy/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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