Risk factors

Fluence Energy (FLNC) risk factors

Item 1A of every Fluence Energy, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    81 risks22 new15 dropped25 reworded

    Customer concentration is high, with AES and its affiliates generating 24 percent of fiscal year 2025 revenue.

    Filed Nov 25, 2025
  • FY2024 10-K risk factors
    74 risks

    The company faces unique risks from being a low-volume battery purchaser dependent on concentrated third-party manufacturers and suppliers. Rapid growth, complex product manufacturing, and variable order intake threaten future profitability and scaling efforts.

    Filed Nov 29, 2024