)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Fluence
Fluence (FLC) investor relations material
Fluence Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary28 Oct, 2026
Executive summary
YTD Q3 revenue was $58.0M, up 11.3% YoY; core business units grew 23.0%, while SPS and recurring revenue rose 38.5% to $12.5M.
YTD EBITDA¹ reached $4.7M, more than triple the prior-year $1.4M and above FY2025's $4.1M; Q3 marked eight consecutive quarters of positive EBITDA¹.
YTD gross margin expanded 6.2 percentage points YoY to 35.2%, supported by higher-margin offerings and project execution.
Financial highlights
Q3 revenue was $20.4M, up 5.8% YoY; Q3 EBITDA¹ was $1.3M, up 14.5%, and gross margin was 34.7%, up 2.0 percentage points.
YTD revenue grew $5.9M to $58.0M; $12.5M growth in SPS and recurring revenue was partly offset by a $1.8M decline in Ivory Coast revenue as the Addendum wound down.
Q3 operating cash outflow was $4.3M; cash and equivalents were $6.7M, plus $4.0M in deposits, including ~$3.7M collateralizing Ivory Coast bank guarantees.
Customer receipts were $12.6M in Q3 and $44.6M YTD.
Outlook and guidance
Positive Q4 EBITDA¹ is forecast, with significant FY2026 EBITDA¹ growth versus FY2025 and double-digit revenue growth across core business units.
Q4 is expected to be the strongest order-booking quarter, but FY2026 orders are no longer expected to exceed FY2025 as awards have been delayed.
Positive Q4 operating cash flow is expected, supported by Ivory Coast Addendum milestone 8 and other large customer receipts; timing remains important.
The Ivory Coast Addendum is forecast to complete by December 2026; milestones 8 and 9, worth ~€6.0M combined, are expected in Q4 2026 and Q1 2027.
Medium-term target is double-digit EBITDA margins within 2–3 years.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Fluence
- Four resolutions were polled, with results due to the ASX later that day.FLC
EGM 2026 - Revenue up 14.6%, EBITDA at $3.4M, and loss after tax down 79% to $823K in H1 2026.FLCH1 2026
- H1 2026 saw 14.7% revenue growth, record EBITDA, and a robust backlog supporting FY2026 targets.FLCQ2 2026
- 52.3% revenue growth, EBITDA up $8M, and strategic reset drive strong 2025 performance.FLCAGM 2026
- Accelerating growth and profitability through high-margin solutions and global market expansion.FLCInvestor presentation
- Q1 2026 saw revenue and EBITDA growth, margin expansion, and a strong backlog for future growth.FLCQ1 2026
- Revenue fell sharply in FY2024, but margin and cost improvements set up strong FY2025 growth.FLCH2 2024
- Revenue up 52.3% to $78.4M, EBITDA at $4.0M, and record orders drive 2026 growth.FLCQ4 2025
- Recurring revenue and margin growth offset project delays and revenue decline in 2024.FLCAGM 2025
Next Fluence earnings date
Q4 202626 Feb, 2027
Fluence
Next Fluence earnings date
Q4 202626 Feb, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Fluence Corporation Limited provides water and wastewater treatment, and reuse solutions for the municipal, commercial, and industrial markets worldwide. The company offers NIROBOX for desalination of seawater and brackish water, as well as for the treatment of fresh and wastewater; NIROFLEX systems for desalination, ultrafiltration and multimedia filtration systems, and reverse osmosis systems. It also provides wastewater treatment products, such as Aspiral, a wastewater treatment solution; SUBRE membrane aerated biofilm reactor modules; EcoBox water reuse systems; Tipton packaged wastewater treatment plants; aeration equipment comprising aerators, mixers, and diffusers; and dissolved air flotation systems. In addition, the company offers food and beverage processing and recovery solutions.