v3.25.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Sep. 30, 2024
Current assets:    
Cash and cash equivalents $ 607,356 $ 448,685
Restricted cash 24,384 46,089
Trade receivables, net 146,956 216,458
Unbilled receivables 156,076 172,115
Receivables from related parties 252,302 362,523
Advances to suppliers 175,485 174,532
Inventory, net 543,415 182,601
Current portion of notes receivable - pledged as collateral 0 30,921
Other current assets 77,654 46,519
Total current assets 1,983,628 1,680,443
Non-current assets:    
Property and equipment, net 18,845 15,350
Intangible assets, net 58,589 60,002
Goodwill 26,199 27,482
Deferred income tax asset 8,076 8,880
Other non-current assets 118,640 110,031
Total non-current assets 230,349 221,745
Total assets 2,213,977 1,902,188
Current liabilities:    
Accounts payable 101,858 436,744
Current portion of borrowings against note receivable - pledged as collateral 0 30,360
Personnel related liabilities 25,538 58,584
Accruals and provisions 476,985 338,311
Taxes payable 40,273 57,929
Other current liabilities 10,809 24,246
Total current liabilities 1,261,367 1,258,835
Non-current liabilities:    
Deferred income tax liability 6,624 7,114
Convertible senior notes, net 389,096 0
Other non-current liabilities 27,590 29,100
Total non-current liabilities 423,310 36,214
Total liabilities 1,684,677 1,295,049
Stockholders’ Equity:    
Preferred stock, $0.00001 per share, 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2024 and September 30, 2024 0 0
Treasury stock, at cost (9,856) (9,460)
Additional paid-in capital 611,982 634,851
Accumulated other comprehensive income (loss) 222 (1,840)
Accumulated deficit (192,914) (151,448)
Total stockholders’ equity attributable to Fluence Energy, Inc. 409,435 472,104
Non-Controlling interests 119,865 135,035
Total stockholders’ equity 529,300 607,139
Total liabilities and stockholders’ equity 2,213,977 1,902,188
Nonrelated Party    
Current liabilities:    
Deferred revenue 572,735 274,499
Related Party    
Current assets:    
Receivables from related parties 5,483 92,183
Advances to suppliers 51,852 32,074
Current liabilities:    
Accounts payable 1,809 3,410
Deferred revenue 33,169 38,162
Accruals and provisions 5,874 6,099
Other current liabilities 1,506 428
Non-current liabilities:    
Other non-current liabilities 1,507 1,507
Class A common stock    
Stockholders’ Equity:    
Common stock 1 1
Class B-1 common stock    
Stockholders’ Equity:    
Common stock 0 0
Class B-2 common stock    
Stockholders’ Equity:    
Common stock $ 0 $ 0