Policy UncertaintyVisibility on growth and bookings remains limited until tariff levels are finalized, impacting future prospects.
Revenue GuidanceFluence’s revenue guidance was cut by about 20% for FY25, driven by a pause in U.S. contracting due to high tariffs on Chinese cells.
Tariff ImpactU.S. projects remain paused as 154% tariffs have raised imported system costs by ~90%, impacting bookings until policy settles.