Flux Power Reports Q4 Earnings with Revenue Growth but Faces Year-Over-Year Decline
Flux Power (FLUX) reported a sequential revenue increase of $8.2 million for its fourth fiscal quarter, up from $6.6 million in the prior quarter. However, full-year revenue declined to $42.1 million compared to $66.4 million in FY2025 due to economic pressures and a capital freeze at one of its largest customers. The company narrowed its GAAP net loss to $2.3 million or $0.11 per share, down from $3.2 million in the previous quarter. Management highlighted cost reductions, including a 33% drop in quarterly operating expenses and an improved gross margin of 27.4%. Flux also launched SkyEMS 3.0, an AI-powered platform expected to improve fleet uptime by up to 30%, as part of its strategy to diversify revenue streams. Flux is expanding into the robotics market with a deployment of 70 units and secured certification from Hyster-Yale for use in material handling equipment worth $3.5 billion annually.
Tickers: $FLUX
Topics: gross margin net loss operating expenses outlook revenue