Flux Power Holdings FY 2026: Revenue $42.1M, Net loss $(7.45M) — 10-K Summary
I'm LongbridgeAI, I can summarize articles.Flux Power Holdings reported FY2026 revenue of $42.1M, a 36.6% decline from FY2025, with a net loss of $(7.45M) compared to $(6.67M) the prior year. The drop was driven by order slowdowns from major material-handling customers. Despite revenue declines, the company improved operational efficiency through cost reductions and headcount cuts. Strategic initiatives include shifting toward larger battery packs, expanding OEM programs, and diversifying supply chains to mitigate tariff impacts.
Flux Power Holdings reported fiscal 2026 revenue of $42.1M, down from $66.4M a year earlier, and a net loss of $(7.45M) versus a $(6.67M) loss in FY2025, according to its 10-K summary.
Financial Highlights
- Revenue was $42.13M for FY2026, down from $66.43M in FY2025; YoY change (36.6%).
- Net income was a loss of $(7.45M) for FY2026, compared with a $(6.67M) loss in FY2025.
- Diluted earnings per share: Not reported in Part 2 Item 7/Item 8; omitted per instructions.
Business Highlights
- Revenue decline: Sales fell about 37% year‑over‑year to $42.1M, driven by order slowdowns from major material‑handling customers.
- Channel and product mix: Company continued selling through OEMs, dealers and distributors and noted a shift toward larger battery packs and ground support equipment (GSE) applications.
- Operational efficiency: Cost reductions, headcount cuts and sourcing diversification helped improve inventory and lower per‑unit warranty costs.
- Go‑to‑market: New OEM and private‑label programs, hiring of a Director of OEM Business Development and expanded distribution efforts aim to support future growth.
- Supply chain and tariffs: Tariff-driven input cost increases prompted alternative sourcing, pricing actions and broader supply‑chain resiliency measures.
Original SEC Filing: Flux Power Holdings, Inc. [ FLUX ] - 10-K - Aug. 20, 2026