Fluence Energy, Inc. (FLNC) shares surged 27.06% in pre-market trading on Thursday, following the release of the company's second-quarter fiscal 2026 financial results.
The energy storage company reported a narrowed quarterly loss of $0.16 per share, which beat the average analyst estimate. Investor sentiment was significantly boosted by the company's announcement that it has signed master supply agreements with two major artificial-intelligence hyperscalers, marking a strategic customer expansion. Furthermore, the company reported that order intake more than doubled year-to-date, driving its backlog to a record $5.6 billion.
Management also reaffirmed its full-year fiscal 2026 revenue and adjusted EBITDA guidance, signaling confidence in its performance outlook despite a quarterly revenue miss.