Company / Working Capital
Fluence Energy, Inc. Working Capital History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$693.9M
FY2025
5-year range
-$110.0M / $693.9M
FY2021-FY2025
Trend
+64.6%
vs FY2024
Sector context
#123 of 346
Industrials
What the data says
At $694M, Fluence Energy, Inc.'s working capital ranks #123 of 346 in the Industrials sector. Working Capital returned to growth in FY2025 after 2 years of decline, reaching $694M.
Based on SEC 10-K filings.
$694M in FY2025 with a 3-year CAGR of +12.1%.
Improved from $449M to $694M over the past 2 years.
Industrials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +12.1%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
In line with sector averageTop 36% of 346This company $693.9M Sector average $689.5M
▼
In line with sector average
Key checks
Key Insights
- 3-year CAGR of +12.1%, indicating consistent growth.
- In FY2025, working capital increased 64.6% year-over-year.
- Ranks #123 out of 346 companies in the Industrials sector.
- Lowest working capital in the period was in FY2021.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 1.19 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $693.9M | +64.6% |
| FY2024 | $421.6M | -6.2% |
| FY2023 | $449.3M | -8.7% |
| FY2022 | $492.1M | +547.4% |
| FY2021 | -$110.0M | - |
| FY2020 | - | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026