Fluence doubles order intake, expects to book first big data centre deal this quarter
AI-summarised brief · reviewed before publication
Fluence has reported a doubling of order intake and a 7.7% year-on-year increase in revenue for the second quarter of 2026. The company's total revenue was $464.9 million, with an order backlog of $5.6 billion. Fluence expects to book its first big data centre deal this quarter, with CEO Julian Nebreda stating that hyperscalers are "in a hurry" to get deals done. The company has reaffirmed its full-year revenue and EBITDA guidance, with a share price increase of 78% following the announcement. Order intake for the first half of the year stands at $2 billion, twice that of Q2 2025, with $600 million in new orders signed in the third quarter.
💡 Why It Matters
- · Fluence's expected entry into the hyperscaler data centre market could unlock significant growth opportunities, as these companies require large-scale energy storage solutions to power their operations.
- · The company's ability to secure a major data centre deal would validate its strategy and technology, potentially attracting more customers in this sector.