Utility-scale energy storage firm Fluence Energy recorded a revenue of $431.6 million in the second quarter (Q2) of the fiscal year (FY) 2025, a 31% year-over-year (YoY) decrease. Despite the dip, revenue exceeded analysts’ estimates by $106.3 million. The company expects a significant portion of its revenue for the fiscal year 2025 to be recognized later in the year.