Flux Power Reports 2027 Fiscal First Quarter Financial Results
Globe Newswire•03/11/2026•16:05 ET
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Key Highlights
- ➤Q1 revenue $6.8 million, down from $13.2 million year over year
- ➤Q2 revenue guidance $7 million to $8 million
- ➤Operating expenses fell 22% year over year to $4.6 million
- ➤Net loss widened to $3.2 million, or ($0.15) per share
- ➤Cash totaled $0.4 million as Flux evaluates financing alternatives
Expert Statements
Krishna Vanka, CEO of Flux Power
“We continued to make meaningful progress across our key operational and sales initiatives, executing with discipline and positioning the Company for accelerated growth,”
Krishna Vanka, CEO of Flux Power
“I am proud that the team delivered on our $6.8 million revenue commitment this quarter, despite facing multiple headwinds across the business.”
Krishna Vanka, CEO of Flux Power
“I am also pleased to announce that our most significant customer who previously paused orders returned with a meaningful order through our OEM partner.”
Krishna Vanka, CEO of Flux Power
“This win along with a number of orders through our OEM partners for first-time Flux Power customers demonstrate the initial success of our OEM partnership strategy.”
Krishna Vanka, CEO of Flux Power
“Taken together, these developments reflect a commercial strategy that we believe is beginning to compound.”
Krishna Vanka, CEO of Flux Power
“With a leaner cost structure and growing market demand for lithium-ion battery solutions, I believe we’re in a much stronger position to drive growth and move toward profitability in the coming quarters.”
VISTA, Calif., Nov. 03, 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 2027 fiscal first quarter ended September 30, 2026.
●Operating expenses for the 2027 fiscal first quarter decreased by 22% from the 2026 fiscal first quarter
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