Co-movers

daily closes · 501dMethod

Moved together

FLNCwithENS

×0.13co-movement · ENS on FLNC · 501d

r 0.40scale to r 0.75

Shared co-movers1with FLNCwith ENS

LRCXLAM Research Corpr 0.39r 0.59

FLNC, solidENS, hatched× = co-movement · βr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

FLNCFluence Energy, Inc.

5.25+3.04%

Mkt cap$940.5MRevenue$650MQ3 FY26Revenue$2.3BFY25

ENSEnerSys

146.59+2.81%

Regular sessionNov 6 '26

Mkt cap$5.1BRevenue$936MQ1 FY27Revenue$3.8BFY26

vs

Compare

Regular sessionNov 6 '26

FLNCFluence Energy, Inc.

vs

ENSEnerSys

5.25+3.04%

Price

146.59+2.81%

$940.5M

Mkt cap

$5.1B

Q3 FY26$650M

Revenue

$936MQ1 FY27

FY25$2.3B

Revenue

$3.8BFY26

FLNC compared with ENS: revenue, margins and what each company keeps, and the suppliers and customers both name