Stocks Comparison
Fluence Energy vs Novanta: revenue, profit, margins and growth compared
Fluence Energy brought in $2.3B of revenue in fiscal 2025, Novanta $980.6M in fiscal 2025. Revenue changed by -16.1% at Fluence Energy and +3.3% at Novanta on the year before, so Novanta grew faster. Fluence Energy kept -2.1% of its revenue as net profit, Novanta 5.5%. Free cash flow was -$160.4M at Fluence Energy and $48.4M at Novanta.
Side by side, latest fiscal year
| FLNC | NOVT | |
|---|---|---|
| Fiscal year ended | FY2025 (September 30, 2025) | FY2025 (December 31, 2025) |
| Revenue | $2.3B | $980.6M |
| Revenue growth | -16.1% | +3.3% |
| Net income | -$48.3M | $53.8M |
| Net margin | -2.1% | 5.5% |
| Free cash flow | -$160.4M | $48.4M |
| Free cash flow margin | -7.1% | 4.9% |
| Earnings per share (diluted) | -$0.37 | $1.47 |
| Cash | $690.8M | $380.9M |
| Debt | $0 | $250.8M |
| Price to earnings | n/a | 97.9 |
| Market value | $1.4B | $5.4B |
| Dividend yield | n/a | n/a |
| Rank by revenue in sector | #9 of 34 · Other | #12 of 34 · Other |
Over the years
Questions about Fluence Energy and Novanta
Which is bigger by revenue, Fluence Energy or Novanta?
Fluence Energy is bigger by revenue: $2.3B in fiscal 2025, against $980.6M for Novanta in fiscal 2025.
Which keeps more of its revenue as profit, Fluence Energy or Novanta?
Fluence Energy had a net margin of -2.1% in fiscal 2025; Novanta had 5.5% in fiscal 2025.
Which grew revenue faster, Fluence Energy or Novanta?
In their latest fiscal years revenue changed by -16.1% at Fluence Energy and +3.3% at Novanta.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.