LOS ANGELES, Oct. 05, 2026 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises Fluence Energy, Inc., (“Fluence” or the “Company”) (NASDAQ: FLNC) investors of a class action on behalf of investors that bought securities between November 24, 2025 and September 16, 2026, inclusive (the “Class Period”). Fluence investors have until November 30, 2026 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or join the case via https://portnoylaw.com/fluence-energy-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The class action suit against Fluence Energy asserts that Defendants issued false and misleading statements and omitted critical facts across the Class Period, omitting that: (i) Fluence Energy’s capacity to fulfill its order backlog and realize the revenue supporting its fiscal 2026 outlook hinged on new contract manufacturing plants, some of which remained unfinished, non-operational, or incapable of manufacturing at the output levels assumed in the projections; (ii) internal remedies intended to resolve production bottlenecks at contract manufacturing partners were failing to fix the issues, which continued to persist and spread into Fluence Energy’s newer plants; (iii) consequently, a substantial share of the backlog touted by Defendants as “securing” or “covering” the firm’s fiscal 2026 revenue projections was unlikely to be fulfilled or booked as revenue during fiscal 2026; and (iv) as a result, Defendants’ favorable representations regarding Fluence Energy’s operational health, business model, and future outlook lacked a sound foundation and were materially misleading.
The litigation further details that on February 4, 2026, Fluence Energy published its Q1 2026 financial metrics, posting a GAAP gross profit margin of roughly 4.9%—a 6.5 percentage point drop compared to the previous year—attributable to “additional estimated costs on two projects.” Prompted by this news, Fluence Energy’s share price plummeted almost 35%.
Subsequently, on August 5, 2026, the complaint notes that Fluence Energy disclosed its Q3 2026 financial performance, revealing that total revenue of $649.8 million fell “weaker than expected, primarily reflecting production delays at new contract manufacturing facilities.” The firm also recorded an “[a]djusted gross profit margin of approximately 5.9%, compared to approximately 15.4% in the same quarter last year, primarily reflecting the impact of delays to revenue.” Fluence Energy concluded that it “now expects that $400.0 million in project deliveries will be delayed into fiscal 2027 due to production issues at a new international contract manufacturing facility and construction related delays that affected the completion and start-up of a new U.S. contract manufacturing facility.” Driven by these disclosures, Fluence Energy stock tumbled over 7%.
Ultimately, on September 16, 2026, Fluence Energy released an interim guidance revision, disclosing that it was slashing its full-year revenue forecast by roughly $0.6 billion down to $2.4 billion. The company additionally lowered its full-year adjusted EBITDA projection from negative $10 million down to negative $200 million. Following this revision, Fluence Energy’s share price dropped more than 15%.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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