Flux Power Reports 2026 Fiscal Fourth Quarter and Full Year Financial Results
Rhea-AI Summary
Flux Power (NASDAQ: FLUX) reported 2026 fiscal fourth quarter revenue of $8.2 million, up 25% sequentially from $6.6 million but down from $16.7 million a year earlier. Gross profit was $2.3 million with a 27.4% margin versus 34.5% in the prior-year quarter. Operating expenses fell about 33% year over year to $4.4 million, driving a reduced operating loss of $2.1 million versus a $3.0 million loss in the prior quarter.
For full fiscal 2026, revenue was $42.1 million versus $66.4 million in 2025, with gross profit of $12.7 million (30.2% margin). Full-year operating loss was $6.5 million and net loss was $7.4 million ($0.38 per share). Non-GAAP net loss was $6.5 million. Adjusted EBITDA was negative $1.6 million in Q4 and negative $4.5 million for the year. Cash at June 30, 2026 was $0.3 million, with total assets of $24.2 million and stockholders’ equity of $2.6 million.
Positive
- Q4 revenue $8.2M, up 25% sequentially from $6.6M
- Q4 operating expenses cut to $4.4M, ~33% below prior-year $6.5M
- Full-year operating expenses reduced to $19.2M from $26.8M in 2025
- Stockholders’ equity improved to $2.6M from a $(5.4)M deficit
- Line of credit balance lowered to $6.3M from $13.6M year earlier
- Launched SkyEMS® 3.0 with AI-powered fleet management capabilities and gained a new major OEM certification
Negative
- Full-year revenue fell to $42.1M from $66.4M in 2025
- Q4 revenue dropped from $16.7M to $8.2M year over year
- Q4 gross margin decreased to 27.4% from 34.5% a year ago
- Full-year operating loss widened to $6.5M from $5.0M
- Full-year non-GAAP net loss increased to $6.5M from $2.8M
- Cash balance at June 30, 2026 was only $0.3M
News Explained
Common shares reached 21,580,992 by June 30, 2026, potentially reducing existing holders’ ownership percentages.
Flux Power reported its fiscal year ended
Under the supplied definition, issuing additional shares increases the total share count and can reduce existing holders’ percentage ownership; that consequence is conditional here because the release does not identify the mechanics behind the higher count.
The release reported
Using the
Sources and calculations
- Flux Power fiscal 2026 fourth-quarter and full-year results release (2026-08-20)
- Dilution definition (undated)
- Flux Power 2026Q2 fundamentals (2026Q2)
- Cash and equivalents vs quarterly operating cash outflow, in days of cash use $928,000 / ($5,163,000 / 90) = [object Object]
Market Reaction – FLUX
Following this news, FLUX has gained 23.17%, reflecting a significant positive market reaction. Argus tracked a trough of -27.0% from its starting point during tracking. Our momentum scanner has triggered 54 alerts so far, indicating high trading interest and price volatility. The stock is currently trading at $1.01. Trading volume is exceptionally heavy at 44.1x the average, suggesting very strong buying interest.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
Previous Earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 07 | Fiscal Q3 earnings | Negative | -20.8% | Revenue declined while operating loss widened despite lower operating expenses. |
| Feb 12 | Fiscal Q2 earnings | Positive | -18.3% | Revenue increased sequentially, margins expanded, and GAAP net income was reported. |
| Nov 13 | Fiscal Q1 earnings | Negative | -16.4% | Revenue and margins declined, with operating and net losses reported. |
| Sep 16 | Fiscal year earnings | Positive | -11.8% | Revenue and gross margin improved, alongside airline orders and financing. |
| May 08 | Fiscal Q3 earnings | Positive | -4.1% | Revenue and gross margin increased, supported by orders and software expansion. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Tag-specific earnings events were followed by negative 24-hour moves in all five observed cases, including events with positive operating highlights.
Key Terms
gaap financial
non-gaap financial
adjusted ebitda financial
telemetry technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
VISTA, Calif., Aug. 20, 2026 (GLOBE NEWSWIRE) -- Flux Power Holdings, Inc. (NASDAQ: FLUX) (“Flux Power” or the “Company”), a leading developer of advanced lithium-ion energy storage solutions and fleet intelligence technology, today reported financial and operational results for the 2026 fiscal fourth quarter and full fiscal year ended June 30, 2026.
2026 Fiscal Fourth Quarter and Recent Business Highlights
- Revenue for the 2026 fiscal fourth quarter reached
$8.2 million - Operating expenses for the 2026 fiscal fourth quarter decreased by approximately
33% from the 2025 fiscal fourth quarter - Released SkyEMS® 3.0 with AI-powered insights, predictive analytics and customizable dashboards
- Appointed industry veteran, Stu Jacover, as Vice President of Sales for Material Handling to expand the Company’s sales and marketing efforts
CEO Commentary
“Fourth quarter revenue increased
“We also took steps to aggressively optimize our supply chain, lower product costs, and advance product redesign efforts aimed at improving margins. We further strengthened our go-to-market capabilities with the addition of Stu Jacover as Vice President of Sales for Material Handling and launched new marketing programs to diversify our customer base. We also achieved a major platform milestone with the launch of SkyEMS® 3.0 featuring AI-driven, advanced fleet management capabilities that position Flux Power as a differentiated technology provider. Initial customer feedback on this tool has been quite favorable. We also achieved certification with a new major OEM during the quarter, which we believe increases our addressable market within Material Handling.
“The Company has faced a number of headwinds during my first eighteen months as CEO, which in turn led us to reassess our business priorities and implement changes that we expect to benefit us in fiscal 2027 and beyond. With a leaner cost structure, a refreshed sales leadership team, expanding OEM relationships and upgraded offerings in place, I believe we are well positioned to deliver renewed growth and accelerate our path to profitability as broader economic conditions improve.”
2026 Fiscal Fourth Quarter and Full Year Financial Results
Revenue for the 2026 fiscal fourth quarter was
Gross profit for the 2026 fiscal fourth quarter was
Operating expenses for the 2026 fiscal fourth quarter were
Operating loss for the 2026 fiscal fourth quarter was
Net loss for the 2026 fiscal fourth quarter was
Adjusted EBITDA for the 2026 fiscal fourth quarter was negative
Balance Sheet
Cash as of June 30, 2026 was
Conference Call
Flux Power will host a conference call on Thursday, August 20, 2026 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss its 2026 fiscal fourth quarter and full year financial results. To access the call, please use the following information:
Date: Thursday, August 20, 2026
Time: 1:30 p.m. Pacific Time | 4:30 p.m. Eastern Time
Toll-free dial-in number: 1-833-630-1956
International dial-in number: +1-412-317-1837
Additionally, this conference call will be broadcast live over the Internet and can be accessed by all interested parties on the News & Events section of the Company’s Investor Relations website.
For those unable to participate during the live broadcast of the conference call, a telephone replay will be available approximately two hours after the conference call and accessible through August 27, 2026. The replay dial-in number is 1-855-669-9658, and the access code 5602016. International callers should dial +1-412-317-0088 and enter the same pass code. Additionally, a replay of the webcast will be available on Flux Power’s Investor Relations website for approximately 90 days.
Non-GAAP Financial Measures
Flux Power has presented in this release certain financial information in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) and also on a non-GAAP basis, including non-GAAP operating income (loss), non-GAAP net loss, non-GAAP net loss per share, and adjusted EBITDA.
Management believes that these non-GAAP financial measures, when viewed with Flux Power’s results under GAAP and the accompanying reconciliations, provide useful information about Flux Power’s period-over-period results. These non-GAAP financial measures are presented because management believes they provide additional information with respect to the performance of Flux Power’s fundamental business activities and adjusted EBITDA is frequently used by securities analysts, investors and other interested parties in the evaluation of comparable companies. Flux Power also relies on adjusted EBITDA as a primary measure to review and assess the operating performance of the Company and its management team.
These non-GAAP financial measures should not be considered in isolation from, or construed as a substitute for, financial measures determined in accordance with GAAP for the purpose of analyzing Flux Power’s operating performance or financial position. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are included in the tables at the end of this release.
About Flux Power
Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling and airport ground support equipment (GSE). Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com.
Forward-Looking Statements
This release contains projections and other “forward-looking statements” relating to Flux Power’s business, that are often identified using “believes,” “expects” or similar expressions. Forward-looking statements include, but are not limited to, statements regarding Flux Power’s expectations with respect to revenue growth, profitability and its addressable market, the potential benefits of Flux Power’s new Vice President of Sales for Material Handling and quotes from management. Forward-looking statements involve several estimates, assumptions, risks, and other uncertainties that may cause actual results to be materially different from those anticipated, believed, estimated, expected, etc. Accordingly, forward-looking statements are not guarantees of future results. Some of the important factors that could cause Flux Power’s actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: Flux Power’s ability to amend its agreement with Gibraltar Business Capital, LLC and its continued access to its credit facility thereunder; Flux Power’s ability to secure sufficient funding to support its current and proposed operations; Flux Power’s ability to continue as a going concern; Flux Power’s ability to meet projected revenue targets and generate sufficient cash from operations; Flux Power’s ability to regain compliance with and continue to meet the continued listing standards of the Nasdaq Stock Market; the impact of tariffs on Flux Power’s ability to cost-effectively source battery packs and materials used in its products; Flux Power’s ability to obtain raw materials and other supplies for its products at existing or competitive prices and on a timely basis; Flux Power’s anticipated growth strategies and its ability to manage the expansion of its business operations effectively; Flux Power’s ability to maintain or increase its market share in the competitive markets in which it does business; Flux Power’s ability to grow its revenue, increase its gross profit margin and become a profitable business; Flux Power’s ability to fulfill its backlog of open sales orders due to delays in the receipt of key component parts and other potential manufacturing disruptions; Flux Power’s ability to keep up with rapidly changing technologies and evolving industry standards, including its ability to achieve technological advances; Flux Power’s dependence on the growth in demand for its products; Flux Power’s ability to compete with both peers and larger companies with far greater resources than it; Flux Power’s ability to reduce production costs of its product line through new designs, manufacturing and supply arrangements; Flux Power’s ability to shift to new suppliers and incorporate new components into its products in a manner that is not disruptive to its business; Flux Power’s ability to obtain and maintain UL Listings and OEM approvals for its energy storage solutions; Flux Power’s ability to diversify its product offerings and capture new market opportunities; Flux Power’s ability to source its needs for skilled labor, machinery, parts, and raw materials economically; Flux Power’s ability to retain and/or successfully recruit key members of its senior management team; Flux Power’s ability to diversify its customer base to reduce its current dependence on a few major customers; and the expense, timing and outcome of legal proceedings relating to Flux Power’s accounting practices, financial disclosures and employment policies and practices, investigations and information requests that may be initiated or that may be asserted. Actual results could differ from those projected due to numerous factors and uncertainties. Although Flux Power believes that the expectations, opinions, projections, and comments reflected in these forward-looking statements are reasonable, it can give no assurance that such statements will prove to be correct, and that Flux Power’s actual results of operations, financial condition and performance will not differ materially from the results of operations, financial condition and performance reflected or implied by these forward-looking statements. Undue reliance should not be placed on the forward-looking statements and investors should refer to the risk factors outlined in Flux Power’s Form 10-K, 10-Qs and other reports filed with the SEC and available at www.sec.gov/edgar. These forward-looking statements are made as of the date of this release, and Flux Power assumes no obligation to update these statements or the reasons why actual results could differ from those projected, except as required by applicable law.
Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners.
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Twitter: @Flux__Power
LinkedIn: Flux Power
| FLUX POWER HOLDINGS, INC. | ||||||||||||||||
| CONSOLIDATED STATEMENTS OF OPERATIONS | ||||||||||||||||
| (Unaudited) | ||||||||||||||||
| Three months ended June 30, | Twelve months ended June 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| Revenues | $ | 8,248,000 | $ | 16,737,000 | $ | 42,132,000 | $ | 66,434,000 | ||||||||
| Cost of sales | 5,991,000 | 10,965,000 | 29,415,000 | 44,694,000 | ||||||||||||
| Gross profit | 2,257,000 | 5,772,000 | 12,717,000 | 21,740,000 | ||||||||||||
| Operating expenses: | ||||||||||||||||
| Selling, general and administrative | 3,739,000 | 5,487,000 | 16,377,000 | 22,304,000 | ||||||||||||
| Research and development | 618,000 | 1,045,000 | 2,814,000 | 4,464,000 | ||||||||||||
| Total operating expenses | 4,357,000 | 6,532,000 | 19,191,000 | 26,768,000 | ||||||||||||
| Operating loss | (2,100,000 | ) | (760,000 | ) | (6,474,000 | ) | (5,028,000 | ) | ||||||||
| Other expense, net | (19,000 | ) | (27,000 | ) | (121,000 | ) | (81,000 | ) | ||||||||
| Interest expense, net | (193,000 | ) | (392,000 | ) | (853,000 | ) | (1,565,000 | ) | ||||||||
| $ | ||||||||||||||||
| Net loss | (2,312,000 | ) | $ | (1,179,000 | ) | $ | (7,448,000 | ) | $ | (6,674,000 | ) | |||||
| $ | ||||||||||||||||
| Net loss per share - basic and diluted | (0.11 | ) | $ | (0.07 | ) | $ | (0.38 | ) | $ | (0.40 | ) | |||||
| Weighted average number of common shares outstanding - basic and diluted | 21,441,037 | 16,717,761 | 19,826,095 | 16,717,761 | ||||||||||||
| FLUX POWER HOLDINGS, INC. | |||||||||||||||
| NON-GAAP NET LOSS ADJUSTMENTS | |||||||||||||||
| (Unaudited) | |||||||||||||||
| Three months ended June 30, | Twelve months ended June 30, | ||||||||||||||
| 2026 | 2025 | 2026 | 2025 | ||||||||||||
| Net loss | $ | (2,312,000 | ) | $ | (1,179,000 | ) | $ | (7,448,000 | ) | $ | (6,674,000 | ) | |||
| Non-GAAP adjustments to net loss: | |||||||||||||||
| Stock-based compensation | 239,000 | 148,000 | 973,000 | 979,000 | |||||||||||
| Restatement and related costs | - | 900,000 | - | 2,900,000 | |||||||||||
| Total Non-GAAP adjustments | 239,000 | 1,048,000 | 973,000 | 3,879,000 | |||||||||||
| Non-GAAP net loss | (2,073,000 | ) | (131,000 | ) | (6,475,000 | ) | (2,795,000 | ) | |||||||
| Non-GAAP net loss per share | $ | (0.10 | ) | $ | (0.01 | ) | $ | (0.33 | ) | $ | (0.17 | ) | |||
| FLUX POWER HOLDINGS, INC. | |||||||||||||||
| NON-GAAP OPERATING LOSS ADJUSTMENTS | |||||||||||||||
| (Unaudited) | |||||||||||||||
| Three months ended June 30, | Twelve months ended June 30, | ||||||||||||||
| 2026 | 2025 | 2026 | 2025 | ||||||||||||
| Operating loss | $ | (2,100,000 | ) | $ | (760,000 | ) | $ | (6,474,000 | ) | $ | (5,028,000 | ) | |||
| Non-GAAP adjustments to operating loss: | |||||||||||||||
| Stock-based compensation | 239,000 | 148,000 | 973,000 | 979,000 | |||||||||||
| Restatement and related costs | - | 900,000 | - | 2,900,000 | |||||||||||
| Total Non-GAAP adjustments | 239,000 | 1,048,000 | 973,000 | 3,879,000 | |||||||||||
| Non-GAAP operating loss | $ | (1,861,000 | ) | $ | 288,000 | $ | (5,501,000 | ) | $ | (1,149,000 | ) | ||||
| FLUX POWER HOLDINGS, INC. | ||||||||
| CONSOLIDATED BALANCE SHEETS | ||||||||
| (Unaudited) | ||||||||
| June 30, | June 30, | |||||||
| 2026 | 2025 | |||||||
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash | $ | 305,000 | $ | 1,334,000 | ||||
| Accounts receivable, net of allowance for credit losses of | 4,862,000 | 11,374,000 | ||||||
| Inventories, net | 14,752,000 | 17,231,000 | ||||||
| Other current assets | 781,000 | 1,865,000 | ||||||
| Total current assets | 20,700,000 | 31,804,000 | ||||||
| Right of use assets, net | 2,167,000 | 1,275,000 | ||||||
| Fixed assets, net of accumulated depreciation of | 476,000 | 708,000 | ||||||
| Intangible assets, net of accumulated amortization of | 763,000 | 846,000 | ||||||
| Other assets | 92,000 | 119,000 | ||||||
| Total assets | $ | 24,198,000 | $ | 34,752,000 | ||||
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | $ | 8,473,000 | $ | 16,295,000 | ||||
| Accrued expenses | 4,124,000 | 7,058,000 | ||||||
| Line of credit | 6,303,000 | 13,627,000 | ||||||
| Subordinated debt | - | 1,000,000 | ||||||
| Deferred revenue | 144,000 | 459,000 | ||||||
| Customer deposits | 31,000 | 38,000 | ||||||
| Finance leases payable, current portion | 52,000 | 80,000 | ||||||
| Office leases payable, current portion | 862,000 | 815,000 | ||||||
| Accrued interest | 58,000 | 246,000 | ||||||
| Total current liabilities | 20,047,000 | 39,618,000 | ||||||
| Long term liabilities: | ||||||||
| Finance leases payable, less current portion | 19,000 | 32,000 | ||||||
| Office leases payable, less current portion | 1,274,000 | 506,000 | ||||||
| Deferred revenue, less current portion | 300,000 | - | ||||||
| Total liabilities | 21,640,000 | 40,156,000 | ||||||
| Stockholders’ equity (deficit): | ||||||||
| Preferred stock, $.001 par value; 3,000,000 and 500,000 shares authorized at June 30, 2026 and 2025, respectively; none issued and outstanding | - | - | ||||||
| Common stock, | 22,000 | 17,000 | ||||||
| Additional paid-in capital | 116,370,000 | 100,965,000 | ||||||
| Accumulated deficit | (113,834,000 | ) | (106,386,000 | ) | ||||
| Total stockholders’ equity (deficit) | 2,558,000 | (5,404,000 | ) | |||||
| Total liabilities and stockholders’ equity (deficit) | $ | 24,198,000 | $ | 34,752,000 | ||||
| FLUX POWER HOLDINGS, INC. | ||||||||||||||||
| ADJUSTED EBITDA RECONCILIATION | ||||||||||||||||
| (Unaudited) | ||||||||||||||||
| Three Months Ended June 30, | Twelve Months Ended June 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| Net loss | $ | (2,312,000 | ) | $ | (1,179,000 | ) | $ | (7,448,000 | ) | $ | (6,674,000 | ) | ||||
| Add: | ||||||||||||||||
| Interest expense, net | 193,000 | 392,000 | 853,000 | 1,565,000 | ||||||||||||
| Income tax provision | - | - | - | - | ||||||||||||
| Depreciation and amortization | 234,000 | 252,000 | 979,000 | 1,002,000 | ||||||||||||
| EBITDA | (1,885,000 | ) | (535,000 | ) | (5,616,000 | ) | (4,107,000 | ) | ||||||||
| Add: | ||||||||||||||||
| Restatement and related costs | - | 900,000 | - | 2,900,000 | ||||||||||||
| Stock-based compensation | 239,000 | 148,000 | 973,000 | 979,000 | ||||||||||||
| Financing costs | 23,000 | 27,000 | 137,000 | 81,000 | ||||||||||||
| Adjusted EBITDA | $ | (1,623,000 | ) | $ | 540,000 | $ | (4,506,000 | ) | $ | (147,000 | ) | |||||
Contacts
Media:
media@fluxpower.com
info@fluxpower.com
External Investor Relations:
Leanne Sievers
Shelton Group
flux-ir@sheltongroup.com
