Fluence Q3 FY2026 Earnings Call
With Julian Nebreda (President and CEO) and Ahmed Pasha (CFO).
To achieve our mission, we design, deploy, and operate the world’s most advanced modular energy storage products, comprehensive lifecycle services, and AI-enabled asset management software.
More about Fluence
Backed by the deep legacy of Siemens and AES, our world-class, collaborative teams operate in nearly 50 markets to build safer, more resilient, and highly optimized electric grids. We are committed to fostering top, innovative talent who challenge the status quo and share our passion for transforming the way we power our world. 🌍.
1Prepared remarks3 speakers
Good morning, welcome to Fluence Energy's third quarter earnings conference call. Joining me on this morning's call are Julian Nebreda, our President and Chief Executive Officer, and Ahmed Pasha, our Chief Financial Officer. A copy of our earnings presentation, press release, and supplementary metric sheet covering financial results, along with supporting statements and schedules, including reconciliations and disclosures regarding non-GAAP financial measures, are posted on the investor relations section of our…
Thank you, Chris, welcome to everyone joining us today. Turning to slide four. Today, I will provide an update on the progress we have made in driving new order intake and building our backlog, both of which were at record levels this quarter. All these costs are growing business, which includes robust demand from our core customers, combined with a rapid expansion of data center customers, from which we receive our first orders and contract awards totaling $850 million.
We believe that the momentum of the past few…
Good morning, everyone. While our results this quarter were disappointing, the challenges we experienced were primarily related to construction and production startup delays at new manufacturing capacity and scaling of our new products. We have taken actions to address issues and improve execution, and are now tracking to our revised production plan. Importantly, these investments strengthen our supply chain globally and position us to support our growing backlog. As these new facilities move beyond the initial…
Thanks, Ahmed. Let me close with a few key takeaways. First, order momentum continues. Our third quarter order intake, our record of $6.4 billion backlog, and the initial order with a data center developer, all evidence our successful product strategy and sales effort. We currently expect orders to reach a record level again during the fourth quarter of this year. Second, additional production capacity. We're adding new contract manufacturing capacity in the U.S. and abroad and have realigned our organization with…