Flux Power Achieves First Profitability Amid Revenue Challenges
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy FLUX?
Source: seekingalpha
- First Profit Milestone: Flux Power Holdings achieved profitability for the first time in its history during Q2 2026, reporting a net income of $0.6 million, driven by disciplined expense optimization and a sequential revenue increase, although revenue declined from $16.8 million year-over-year.
- Strategic Initiative Progress: CEO Vanka highlighted advancements in five strategic initiatives including profitable growth and operational efficiencies, particularly through the adoption of AI-driven tools that enhance engineering design and daily operations, thereby strengthening the company's competitive position in the market.
- Product Innovation and Expansion: The company introduced its next-generation SkyLNK telematics device featuring machine learning and expanded sensing capabilities, expected to provide a competitive edge in high-performance battery systems, while the new GAT 315 battery expands offerings in the ground service equipment segment to better meet market demands.
- Future Outlook and Challenges: Despite anticipating a significant revenue decline in Q3 due to a capital freeze from its largest customer, Vanka remains optimistic about future market opportunities, noting that the lithium-ion forklift battery segment is projected to grow at an 8.8% CAGR, indicating long-term growth potential.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy FLUX?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on FLUX
Wall Street analysts forecast FLUX stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 1.410
Low
3.00
Averages
5.67
High
8.00
Current: 1.410
Low
3.00
Averages
5.67
High
8.00
About FLUX
Flux Power Holdings, Inc. designs, manufactures, and sells lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. The Company’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customer ownership, and an environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Its battery technology is designed with the flexibility to meet the energy requirements of diverse industries and applications, such as material handling vehicles and ground support equipment. Its batteries are designed with modular components which facilitate design flexibility that is adaptable to various applications. It also offers energy management solutions, which include real-time fleet monitoring and a customizable dashboard and reporting.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Flux Power Achieves First Profitability Amid Revenue Challenges
- First Profit Milestone: Flux Power Holdings achieved profitability for the first time in its history during Q2 2026, reporting a net income of $0.6 million, driven by disciplined expense optimization and a sequential revenue increase, although revenue declined from $16.8 million year-over-year.
- Strategic Initiative Progress: CEO Vanka highlighted advancements in five strategic initiatives including profitable growth and operational efficiencies, particularly through the adoption of AI-driven tools that enhance engineering design and daily operations, thereby strengthening the company's competitive position in the market.
- Product Innovation and Expansion: The company introduced its next-generation SkyLNK telematics device featuring machine learning and expanded sensing capabilities, expected to provide a competitive edge in high-performance battery systems, while the new GAT 315 battery expands offerings in the ground service equipment segment to better meet market demands.
- Future Outlook and Challenges: Despite anticipating a significant revenue decline in Q3 due to a capital freeze from its largest customer, Vanka remains optimistic about future market opportunities, noting that the lithium-ion forklift battery segment is projected to grow at an 8.8% CAGR, indicating long-term growth potential.
See More
Flux Power Reports Q2 Earnings Beat with Strong Share Price Surge
- Earnings Beat: Flux Power Holdings reported a non-GAAP EPS of $0.04 for Q2, exceeding expectations by $0.10, which highlights the company's strong profitability and boosts investor confidence.
- Revenue Miss: The revenue of $14.1 million fell short of expectations by $1.45 million, indicating some challenges in sales growth that could impact future market outlooks.
- Stock Surge: Following the earnings report, Flux Power's shares surged by 45.24%, reflecting optimistic market sentiment regarding the company's growth potential and likely attracting more investor interest.
- Increased Orders: The company secured over $3.6 million in additional eGSE orders, further solidifying its market position and providing support for future revenue growth.
See More
Flux Power to Report Q2 2026 Results on February 12
- Earnings Release Schedule: Flux Power Holdings is set to report its fiscal Q2 2026 results on February 12, 2026, after market close, which is expected to provide critical insights into the company's financial performance and market positioning.
- Executive Conference Call: CEO Krishna Vanka and CFO Kevin Royal will host a conference call at 4:30 p.m. ET to discuss the financial results and engage in a Q&A session with analysts and investors, enhancing transparency and communication.
- Call Participation Details: Analysts and investors can join the call by dialing 1-833-630-1956 or the international number +1-412-317-1837, ensuring timely access to the company's latest developments and insights.
- Replay Information: For those unable to attend the live call, a replay will be available approximately two hours after the call, accessible via 1-855-669-9658, allowing for broad dissemination and accessibility of the information shared during the call.
See More
Flux Power Holdings, Inc. Class Action Settlement Proposal Approved for $1.75 Million
- Settlement Amount: The U.S. District Court for the Southern District of California has approved a proposed class action settlement for Flux Power Holdings, Inc. involving $1.75 million, aimed at compensating investors who purchased stock between November 15, 2021, and February 14, 2025, reflecting the court's commitment to investor rights.
- Hearing Schedule: A hearing is set for April 2, 2026, to evaluate the fairness and adequacy of the settlement proposal, which, if approved, will provide compensation to affected shareholders, thereby enhancing investor confidence in the market.
- Claim Submission: Affected shareholders must submit a claim by March 3, 2026, to share in the distribution of the Net Settlement Fund, emphasizing the importance of timely action, which may influence investor participation and the smooth execution of the settlement.
- Exclusion Requests: Investors wishing to opt-out of the settlement class must submit a request by March 12, 2026; those who do not will be bound by the settlement judgment, reminding investors to be vigilant about protecting their rights.
See More
Plug Power Continues to Struggle with Margin Issues: Is a Turnaround Possible?
Plug Power's Financial Struggles: Plug Power Inc. continues to face significant margin challenges, with its gross margin worsening from negative 57.6% to negative 67.9% year-over-year, resulting in a gross loss of $120 million in Q3 2025.
Impairment Charges and Asset Write-Downs: The company incurred over $97 million in impairment charges due to project execution issues and customer disputes, leading to reductions in the value of various assets.
Long-Term Recovery Plans: Despite ongoing difficulties, Plug Power is focused on long-term recovery by reducing input costs, tightening spending, and expanding its electrolyzer capacity and hydrogen plant development.
Comparative Industry Performance: While Plug Power's shares have only gained 1.4% year-to-date, peers like Bloom Energy have seen significant gross profit increases, highlighting the competitive challenges Plug Power faces in the industry.
See More
Transcript of Flux Power (FLUX) Earnings Call for Q1 2026
- Author's Perspective: The views and opinions presented are solely those of the author.
- No Official Endorsement: The content does not necessarily reflect the views of Nasdaq, Inc.
See More
Flux Power Achieves First Profitability Amid Revenue Challenges
- First Profit Milestone: Flux Power Holdings achieved profitability for the first time in its history during Q2 2026, reporting a net income of $0.6 million, driven by disciplined expense optimization and a sequential revenue increase, although revenue declined from $16.8 million year-over-year.
- Strategic Initiative Progress: CEO Vanka highlighted advancements in five strategic initiatives including profitable growth and operational efficiencies, particularly through the adoption of AI-driven tools that enhance engineering design and daily operations, thereby strengthening the company's competitive position in the market.
- Product Innovation and Expansion: The company introduced its next-generation SkyLNK telematics device featuring machine learning and expanded sensing capabilities, expected to provide a competitive edge in high-performance battery systems, while the new GAT 315 battery expands offerings in the ground service equipment segment to better meet market demands.
- Future Outlook and Challenges: Despite anticipating a significant revenue decline in Q3 due to a capital freeze from its largest customer, Vanka remains optimistic about future market opportunities, noting that the lithium-ion forklift battery segment is projected to grow at an 8.8% CAGR, indicating long-term growth potential.
See More
Flux Power Reports Q2 Earnings Beat with Strong Share Price Surge
- Earnings Beat: Flux Power Holdings reported a non-GAAP EPS of $0.04 for Q2, exceeding expectations by $0.10, which highlights the company's strong profitability and boosts investor confidence.
- Revenue Miss: The revenue of $14.1 million fell short of expectations by $1.45 million, indicating some challenges in sales growth that could impact future market outlooks.
- Stock Surge: Following the earnings report, Flux Power's shares surged by 45.24%, reflecting optimistic market sentiment regarding the company's growth potential and likely attracting more investor interest.
- Increased Orders: The company secured over $3.6 million in additional eGSE orders, further solidifying its market position and providing support for future revenue growth.
See More
Flux Power to Report Q2 2026 Results on February 12
- Earnings Release Schedule: Flux Power Holdings is set to report its fiscal Q2 2026 results on February 12, 2026, after market close, which is expected to provide critical insights into the company's financial performance and market positioning.
- Executive Conference Call: CEO Krishna Vanka and CFO Kevin Royal will host a conference call at 4:30 p.m. ET to discuss the financial results and engage in a Q&A session with analysts and investors, enhancing transparency and communication.
- Call Participation Details: Analysts and investors can join the call by dialing 1-833-630-1956 or the international number +1-412-317-1837, ensuring timely access to the company's latest developments and insights.
- Replay Information: For those unable to attend the live call, a replay will be available approximately two hours after the call, accessible via 1-855-669-9658, allowing for broad dissemination and accessibility of the information shared during the call.
See More
Flux Power Holdings, Inc. Class Action Settlement Proposal Approved for $1.75 Million
- Settlement Amount: The U.S. District Court for the Southern District of California has approved a proposed class action settlement for Flux Power Holdings, Inc. involving $1.75 million, aimed at compensating investors who purchased stock between November 15, 2021, and February 14, 2025, reflecting the court's commitment to investor rights.
- Hearing Schedule: A hearing is set for April 2, 2026, to evaluate the fairness and adequacy of the settlement proposal, which, if approved, will provide compensation to affected shareholders, thereby enhancing investor confidence in the market.
- Claim Submission: Affected shareholders must submit a claim by March 3, 2026, to share in the distribution of the Net Settlement Fund, emphasizing the importance of timely action, which may influence investor participation and the smooth execution of the settlement.
- Exclusion Requests: Investors wishing to opt-out of the settlement class must submit a request by March 12, 2026; those who do not will be bound by the settlement judgment, reminding investors to be vigilant about protecting their rights.
See More
Plug Power Continues to Struggle with Margin Issues: Is a Turnaround Possible?
Plug Power's Financial Struggles: Plug Power Inc. continues to face significant margin challenges, with its gross margin worsening from negative 57.6% to negative 67.9% year-over-year, resulting in a gross loss of $120 million in Q3 2025.
Impairment Charges and Asset Write-Downs: The company incurred over $97 million in impairment charges due to project execution issues and customer disputes, leading to reductions in the value of various assets.
Long-Term Recovery Plans: Despite ongoing difficulties, Plug Power is focused on long-term recovery by reducing input costs, tightening spending, and expanding its electrolyzer capacity and hydrogen plant development.
Comparative Industry Performance: While Plug Power's shares have only gained 1.4% year-to-date, peers like Bloom Energy have seen significant gross profit increases, highlighting the competitive challenges Plug Power faces in the industry.
See More
Transcript of Flux Power (FLUX) Earnings Call for Q1 2026
- Author's Perspective: The views and opinions presented are solely those of the author.
- No Official Endorsement: The content does not necessarily reflect the views of Nasdaq, Inc.
See More
