| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 6.59 | 53.3% | 60.6% |
| Total Income | 6.59 | 53.3% | 60.6% |
| Expenditure | 9.58 | 28.1% | 47.7% |
| PBT | — | ||
| Net Profit | -3.18 | 630.0% | 63.9% |
| OPM | -45.40% | 51.03pp | 35.98pp |
| NPM | -48.19% | 52.45pp | 36.61pp |
| EPS | -0.15 | 600.0% | 25.0% |
Flux Power Reports Q3 2026 Revenue of $6.6M
08 May 2026 · 8 May, 1:53 am
Summary
Flux Power Holdings reported revenue of $6.6 million for the third fiscal quarter of 2026, a decrease compared to $16.7 million in the same quarter a year ago. Gross profit was $1.8 million, or 27.3% of revenue, compared to $5.3 million, or 32.0% of revenue, in the third fiscal quarter of 2025. The company implemented cost reduction actions, resulting in a 30% year-over-year decrease in operating expenses. Flux Power expects renewed sequential revenue growth of about 20% in the fourth quarter.
Key Highlights
- 1
Flux Power reported third quarter revenue of $6.6 million.
- 2
The company implemented cost reduction actions, decreasing quarterly operating expenses by 30% year-over-year.
- 3
Flux Power won the Innovation in Sustainability Award at MODEX 2026.
- 4
A new large cargo airline customer placed a $1.2 million battery order for its material handling equipment.
- 5
Gross profit for the third fiscal quarter of 2026 was $1.8 million, or 27.3% of revenue, compared to $5.3 million, or 32.0% of revenue, in the third fiscal quarter of 2025.
- 6
Operating loss for the third quarter was $3.0 million, compared to an operating loss of $1.6 million in the third fiscal quarter of 2025.
- 7
The company anticipates renewed sequential revenue growth of about 20% in the fourth quarter.
Management Comments
Krishna Vanka
As expected, third quarter revenue was impacted mainly by our most significant material handling customer implementing a capital freeze and dynamic order patterns across the business. Additionally, the onset of the geopolitical tensions towards the end of the quarter resulted in fuel price increases that unexpectedly delayed some customer order decisions. In response to these near-term challenges, we promptly implemented additional expense reduction actions to maintain our lean cost structure and to enhance future operating leverage. We have also taken steps to optimize our pricing structure to drive OEM volume purchases, enhance our sales organization with new leadership focused on OEM growth and expand our marketing outreach initiatives and brand awareness. We also had an extremely successful MODEX trade show winning a coveted industry Sustainability Award, while also meeting with many customers, partners and OEMs in our booth. As a result of these proactive efforts, we have seen other positive indications of increased order activity across the business that we believe point to renewed sequential revenue growth of about 20% in our fourth quarter. Looking longer-term, we remain focused on executing our strategic initiatives and capitalizing on the many opportunities in the global lithium-ion battery industry, which continues to grow at an increasing rate across the markets we serve.”
Informational and educational content only. Not investment advice.