Flux Power | 8-K: FY2026 Revenue Beats Estimate at USD 42.13 M

Revenue: As of FY2026, the actual value is USD 42.13 M, beating the estimate of USD 41.83 M.

EPS: As of FY2026, the actual value is USD -0.38, missing the estimate of USD -0.3633.

EBIT: As of FY2026, the actual value is USD -6.595 M.

Financial Performance for Flux Power Holdings, Inc. (2026 Fiscal Fourth Quarter and Full Year)

Gross Profit

For the fiscal fourth quarter of 2026, gross profit was $2.3 million, or 27.4% of revenue, compared to $1.8 million, or 27.3% of revenue, in the prior quarter and $5.8 million, or 34.5% of revenue, in the same quarter a year ago. The full fiscal year 2026 gross profit was $12.7 million, or 30.2% of revenue, compared to $21.7 million, or 32.7% of revenue, in fiscal 2025.

Operating Expenses

Operating expenses for the fiscal fourth quarter of 2026 were $4.4 million, reflecting an approximate 33% decrease from the 2025 fiscal fourth quarter. This compares to $4.8 million in the prior quarter and $6.5 million in the same quarter a year ago. For the full fiscal year 2026, operating expenses were $19.2 million, compared to $26.8 million in fiscal 2025. The decrease in operating expenses primarily reflects actions taken to reduce headcount and streamline the operating model. Fiscal 2025 included costs of $2.9 million associated with the restatement of previously issued financial statements.

Operating Loss

The company reported an operating loss of -$2.1 million for the fiscal fourth quarter of 2026, compared to an operating loss of -$3.0 million in the prior quarter and an operating loss of -$0.8 million in the same quarter a year ago. The full fiscal year 2026 operating loss was -$6.5 million, compared to an operating loss of -$5.0 million in fiscal 2025. The non-GAAP operating loss, excluding stock-based compensation, was -$1.9 million for the fiscal fourth quarter of 2026, compared to -$2.8 million in the prior quarter and non-GAAP operating income of $0.3 million in the same quarter a year ago. For the full fiscal year 2026, the non-GAAP operating loss was -$5.5 million, compared to -$1.1 million in fiscal 2025.

Net Loss

Net loss for the fiscal fourth quarter of 2026 was -$2.3 million, compared to -$3.2 million in the prior quarter and -$1.2 million in the same quarter a year ago. The full fiscal year 2026 net loss was -$7.4 million, compared to -$6.7 million in fiscal 2025. The non-GAAP net loss, excluding stock-based compensation and restatement costs, was -$2.1 million for the fiscal fourth quarter of 2026, compared to -$2.9 million in the prior quarter and -$0.1 million in the same quarter a year ago. For the full fiscal year 2026, the non-GAAP net loss was -$6.5 million, compared to -$2.8 million in fiscal 2025.

Adjusted EBITDA

Adjusted EBITDA for the fiscal fourth quarter of 2026 was -$1.6 million, compared to -$2.5 million in the prior quarter and $0.5 million in the same quarter a year ago. For the full fiscal year 2026, Adjusted EBITDA was -$4.5 million, compared to -$0.1 million in fiscal 2025.

Cash Position

As of June 30, 2026, cash was $0.3 million, compared to $0.4 million as of March 31, 2026.

Operational Highlights

Flux Power Holdings, Inc. released SkyEMS® 3.0, which includes AI-powered insights, predictive analytics, and customizable dashboards. The company appointed Stu Jacover as Vice President of Sales for Material Handling to expand sales and marketing efforts. Initiatives were executed to optimize the supply chain, lower product costs, and advance product redesigns aimed at improving margins. Flux Power Holdings, Inc. also achieved certification with a new major OEM during the quarter, which is expected to increase its addressable market within Material Handling.

Outlook

Management expects changes implemented over the past year, including a leaner cost structure, refreshed sales leadership, expanding OEM relationships, and upgraded offerings, to benefit fiscal 2027 and beyond. The company believes it is well-positioned to deliver renewed growth and accelerate its path to profitability as broader economic conditions improve.