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FLUX

Flux Power Holdings, Inc.

FLUX

Flux Power Holdings, Inc. • NASDAQ
$1.68 ▲ 0.60% (+0.01)
Market Cap $28.15 M
52w High $7.55
52w Low $1.15
Dividend Yield 0%
P/E -3.73
Volume 171.84K
Outstanding Shares 16.75M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $13.175M ▼ $5.943M ▼ $-2.562M ▼ -19.446% ▼ $-0.15 ▼ $-1.927M ▼
Q4-2025 $16.737M ▼ $6.532M ▼ $-1.179M ▲ -7.044% ▲ $-0.07 ▲ $-508K ▲
Q3-2025 $16.742M ▼ $6.864M ▼ $-1.939M ▼ -11.582% ▼ $-0.12 ▼ $-1.329M ▼
Q2-2025 $16.83M ▲ $6.942M ▲ $-1.887M ▼ -11.212% ▼ $-0.11 ▼ $-1.229M ▼
Q1-2025 $16.125M $6.43M $-1.669M -10.35% $-0.1 $-960K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $1.588M ▲ $29.695M ▼ $33.015M ▼ $-3.32M ▲
Q4-2025 $1.334M ▲ $34.752M ▲ $40.156M ▲ $-5.404M ▼
Q3-2025 $505K ▼ $30.566M ▲ $34.938M ▲ $-4.372M ▼
Q2-2025 $883K ▲ $28.959M ▼ $31.696M ▼ $-2.737M ▼
Q1-2025 $559K $30.599M $31.727M $-1.128M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $-1.179M ▲ $-1.598M ▼ $-155K ▲ $2.582M ▲ $829K ▲ $-1.753M ▼
Q3-2025 $-1.939M ▼ $-1.566M ▼ $-181K ▼ $1.369M ▲ $-378K ▼ $-1.747M ▼
Q2-2025 $-1.887M ▼ $2.83M ▲ $-119K ▲ $-2.387M ▼ $324K ▲ $2.711M ▲
Q1-2025 $-1.669M ▲ $944K ▲ $-198K ▲ $-830K ▼ $-84K ▲ $746K ▲
Q4-2024 $-2.767M $-524K $-265K $182K $-607K $-789K

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown gradually over the past few years, but from a very small base, and remains modest relative to most industrial peers. The company consistently generates a positive gross profit, so its products appear to be priced above their direct production costs, but overhead and R&D spending still keep overall results in the red. Operating losses have been narrowing over time, suggesting improving cost control or scale benefits, but the business is not yet sustainably profitable. Earnings per share remain negative, though the losses per share have been shrinking, indicating slow but visible progress toward breakeven.

Balance Sheet

Balance Sheet Flux Power runs with a very small balance sheet, which underscores that this is still a small-scale operator in its industry. Cash balances look very thin, which likely makes the business dependent on credit lines, new financing, or tight working-capital management to navigate bumps in demand. Debt has come down recently but is still meaningful relative to the size of the company, so leverage and interest obligations matter. Shareholders’ equity has slipped into negative territory in the most recent year, a sign of accumulated past losses and a key financial risk that limits balance sheet flexibility until profitability improves or new capital is added.

Cash Flow

Cash Flow Operating cash flow has moved from clearly negative a few years ago to roughly breakeven more recently, showing better discipline in managing costs, inventory, and receivables. Free cash flow has followed a similar pattern, with outflows shrinking and occasionally hovering near neutral, but not yet consistently positive. Capital spending is minimal, which helps conserve cash but may also suggest limited room for large capacity additions without external funding. Overall, the cash profile reflects a company in transition: closer to self-funding its operations, but still exposed to any downturn or misstep because of its very small cash cushion.

Competitive Edge

Competitive Edge Flux Power operates in a focused niche: lithium-ion power solutions for material handling and airport ground support equipment, areas where electrification is gaining momentum. Its edge comes from proprietary battery management software, safety certifications, and close ties with major equipment makers, which together raise switching costs for customers. The combination of hardware plus data and telematics services creates a more integrated offering than many commodity battery vendors can match. However, the company’s small scale and limited financial resources leave it exposed to larger, better-capitalized competitors if they intensify their push into the same niches or undercut on price.

Innovation and R&D

Innovation and R&D The business is clearly built around innovation, with a strong emphasis on in-house battery management systems, predictive algorithms, and cloud-based fleet monitoring. Patents around charge balancing, battery health assessment, and AI-driven optimization help differentiate its technology and provide some protection against direct copying. The SkyEMS platform turns a one-time hardware sale into an ongoing software and analytics relationship, deepening customer ties and opening potential recurring revenue streams. Continued work on next-generation packs, integrated charging, AI features, and second-life battery uses shows a forward-looking R&D agenda, but all of this must be supported by enough financial stability to keep funding development through industry cycles.

Summary

Flux Power is an early-stage industrial electrification player with promising technology, improving revenue, and a clear niche focus, but it remains financially fragile. On the positive side, product-level economics are improving, operating losses are narrowing, and cash burn has moderated, suggesting progress toward a more sustainable model. The company’s moat is rooted in its software-enhanced batteries, patents, safety credentials, and OEM relationships, which together create a differentiated position in a growing market. On the risk side, the tiny scale, thin cash reserves, negative equity, and ongoing losses leave little margin for error and make access to capital and continued operational execution critical to the story going forward.

NEWS

November 20, 2025 · 8:31 AM UTC

Flux Power Awarded Patent for Advanced Battery State of Health Technology

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November 6, 2025 · 8:31 AM UTC

Flux Power Secures $2.4 Million in Repeat Orders from Major Food & Beverage and Manufacturing Customer

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October 31, 2025 · 8:00 AM UTC

Flux Power Announces Pricing of $9.6 Million Underwritten Public Offering

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October 28, 2025 · 9:30 AM UTC

Halper Sadeh LLC Encourages Flux Power Holdings, Inc. Shareholders to Contact the Firm to Discuss Their Rights

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October 20, 2025 · 5:15 PM UTC

Flux Power Regains Compliance with Nasdaq's Continued Listing Requirements

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