Fluence Energy, Inc. (NASDAQ: FLNC) experienced a significant 24-hour plunge of 5.01% on Thursday, as the stock came under heavy selling pressure during the trading session.
The sharp decline was triggered by the company's disappointing first-quarter fiscal 2026 earnings report. Fluence Energy reported a quarterly loss of $0.34 per share, which significantly missed analyst consensus estimates that ranged from a loss of $0.17 to $0.23 per share.
Further contributing to investor concerns were the company's adjusted EBITDA of negative $52.1 million, falling short of the estimated negative $31.7 million, and a net loss reaching $62.6 million for the quarter. The wider-than-expected fiscal Q1 loss surprised market participants and led to the stock's substantial decline.