Fluence Energy, Inc. Annual Amortization of Intangible Assets in USD from 2020 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Fluence Energy, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2020 to 2023.
  • Fluence Energy, Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $2.2M, a 15.8% increase year-over-year.
  • Fluence Energy, Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $7.6M, a 20.6% increase year-over-year.
  • Fluence Energy, Inc. annual Amortization of Intangible Assets for 2023 was $6.6M, a 43.5% increase from 2022.
  • Fluence Energy, Inc. annual Amortization of Intangible Assets for 2022 was $4.6M, a 27.8% increase from 2021.
  • Fluence Energy, Inc. annual Amortization of Intangible Assets for 2021 was $3.6M, a 44% increase from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $6.6M +$2M +43.5% Oct 1, 2022 Sep 30, 2023 10-K 2023-11-29
2022 $4.6M +$1M +27.8% Oct 1, 2021 Sep 30, 2022 10-K 2023-11-29
2021 $3.6M +$1.1M +44% Oct 1, 2020 Sep 30, 2021 10-K 2022-12-14
2020 $2.5M Oct 1, 2019 Sep 30, 2020 10-K 2022-12-14
* An asterisk sign (*) next to the value indicates that the value is likely invalid.