FLUX

Image source: The Motley Fool. Thursday, May 7, 2026 at 4:30 p.m. ET Chief Executive Officer — Krishna Vanka Chief Financial Officer — Kevin Royal Director of OEM Sales — [Name Not Provided] Krishna Vanka, Flux Power Holdings, Inc.'s CEO; Kevin Royal, Flux Power Holdings, Inc.'s Chief Financial Officer; and [inaudible], Flux Power Holdings, Inc.'s new Director of OEM Sales. Before I turn the call over to Krishna, I would like to remind our listeners that during the course of this conference call, the company will provide financial guidance, projections, comments, and other forward-looking statements regarding future market developments, the future financial performance of the company, new products, or other matters. These statements are subject to the risks and uncertainties that we discuss in detail in our documents filed with the SEC, specifically our 10-K and our most recent 10-Q, which identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements. Also, the company's press release and management's statements during this conference call will include discussions of certain adjusted or non-GAAP financial measures. These financial measures and related reconciliations are provided in the company's press release and related current report on Form 8-Ks, which can be found in the Investor Relations section of Flux Power Holdings, Inc.'s website at fluxpower.com. For those of you unable to listen to the entire call at this time, a recording will be available via webcast on the company's website. It is now my great pleasure to turn the call over to Flux Power Holdings, Inc.'s CEO, Krishna Vanka. Krishna, please go ahead. Krishna Vanka: Thank you, Joel, and welcome, everyone, to our third quarter conference call. As we anticipated and signaled last quarter, third quarter revenue was impacted by two factors: our largest material handling customer implementing a capital freeze and dynamic ordering patterns across the business. Late in the quarter, rising geopolitical tensions in the Middle East drove fuel prices higher, which further delayed some customer spending. Together, these headwinds pulled consolidated revenue below our expectations entering the quarter. Importantly, however, in both the ground service equipment business and with our material handling customer navigating their capit...

VISTA, Calif., May 07, 2026 (GLOBE NEWSWIRE) -- Flux Power Holdings, Inc. (NASDAQ: FLUX) (“Flux Power” or the “Company”), a leading developer of advanced lithium-ion energy storage solutions and software-driven electrification for commercial and industrial equipment, today reported financial and operational results for the 2026 fiscal third quarter ended March 31, 2026. Third Quarter and Recent Business Highlights Third quarter revenue was $6.6 million Implemented additional cost reduction actions, resulting in quarterly operating expenses decreasing 30% year-over-year Won Innovation in Sustainability Award at MODEX 2026 from a distinguished panel of industry experts, highlighting Flux Power’s leadership in clean energy solutions for the material handling industry Engaging with more OEMs and optimized OEM pricing structure for white-label products improving competitiveness and securing increased volume commitments Added new large cargo airline customer with a $1.2 million battery order for its material handling equipment CEO Commentary “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,” said Krishna Vanka, Flux Power’s CEO. “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 lit...

Revenue was significantly impacted by a capital freeze at the company's largest material handling customer and dynamic ordering patterns across the broader business. Rising geopolitical tensions in the Middle East drove fuel prices higher late in the quarter, causing further delays in customer spending commitments. Management executed a 30% year-over-year reduction in operating expenses through targeted headcount reductions and streamlined operating models to offset revenue headwinds. The company is pivoting toward a more aggressive digital marketing and lead generation strategy to target top-tier fleets and build a more robust sales pipeline. Strategic focus has shifted toward expanding OEM partnerships, including hiring a dedicated Director of OEM Sales to increase 'share of wallet' and secure new certifications. Gross margin compression was primarily driven by unfavorable product mix and lower volumes leading to higher unabsorbed labor and overhead costs. Management expects sequential revenue growth of approximately 20% in the fourth quarter, driven by positive indications of increased order activity. The capital freeze at the company's largest customer is expected to remain in place for the remainder of the calendar year, though long-term commitment remains strong. Profitability initiatives include near-term supply chain optimization and vendor renegotiations, with product redesign benefits expected to materialize in 12 to 15 months. The company anticipates lithium-ion will overtake lead-acid as the preferred power source for electric forklifts by calendar year 2027. Future growth assumes a stabilization of the geopolitical environment and the successful recruitment of a new sales leader to replace the outgoing head. The company is in the process of replacing its sales leader and has recently launched aggressive new marketing programs and expanded OEM partner engagements. Inventory currently contains older, higher-priced components, which is temporarily delaying the full margin benefit of recent supply chain cost-reduction efforts. A significant reduction in accounts receivable was achieved through strong collections from prior-quarter shipments rather than changes to customer payment terms. The company received the Innovation in Sustainability Award at MODEX for its holistic energy life cycle management, which management views as a key competitive diffe...

This article first appeared on GuruFocus. Flux Power Holdings Inc (NASDAQ:FLUX) is set to release its Q3 2026 earnings on May 7, 2026. The consensus estimate for Q3 2026 revenue is $9.89 million, and the earnings are expected to come in at -$0.06 per share. The full year 2026's revenue is expected to be $48.94 million and the earnings are expected to be -$0.21 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 5 Warning Signs with FLUX. Is FLUX fairly valued? Test your thesis with our free DCF calculator. Revenue estimates for Flux Power Holdings Inc (NASDAQ:FLUX) have declined from $65.25 million to $48.94 million for the full year 2026 and declined from $84.64 million to $60.20 million for 2027 over the past 90 days. Earnings estimates have increased from -$0.30 per share to -$0.21 per share for the full year 2026 and declined from $0.01 per share to -$0.04 per share for 2027 over the same period. In the previous quarter ending on December 31, 2025, Flux Power Holdings Inc's (NASDAQ:FLUX) actual revenue was $14.12 million, which missed analysts' revenue expectations of $15.55 million by -9.18%. Flux Power Holdings Inc's (NASDAQ:FLUX) actual earnings were $0.03 per share, which beat analysts' earnings expectations of -$0.08 per share by 137.50%. After releasing the results, Flux Power Holdings Inc (NASDAQ:FLUX) was down by -18.25% in one day. Based on the one-year price targets offered by 2 analysts, the average target price for Flux Power Holdings Inc (NASDAQ:FLUX) is $4.00 with a high estimate of $6.00 and a low estimate of $2.00. The average target implies an upside of 203.03% from the current price of $1.32. Based on GuruFocus estimates, the estimated GF Value for Flux Power Holdings Inc (NASDAQ:FLUX) in one year is $2.22, suggesting an upside of 68.18% from the current price of $1.32. Based on the consensus recommendation from 3 brokerage firms, Flux Power Holdings Inc's (NASDAQ:FLUX) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

VISTA, Calif., April 29, 2026 (GLOBE NEWSWIRE) -- Flux Power Holdings, Inc. (NASDAQ: FLUX), a leading developer of advanced lithium-ion energy storage solutions and software for material handling and industrial applications, will report its fiscal third quarter 2026 results on Thursday, May 7, 2026, after market close. Krishna Vanka, Chief Executive Officer, and Kevin Royal, Chief Financial Officer, will host a conference call at 4:30 p.m. ET to discuss the Company’s financial results, followed by a question-and-answer session. Analysts and investors are invited to join the conference call using the following information: Date: Thursday, May 7, 2026 Time: 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) Conference Call Number: 1-833-630-1956 International Call Number: +1-412-317-1837 Additionally, this conference call will be broadcast live over the Internet and can be accessed by all interested parties on the News & Events section of the Company’s Investor Relations website. For those unable to participate during the live broadcast of the conference call, a telephone replay of the conference call will be available approximately two hours after the conference call and accessible through May 14, 2026. The replay dial-in number is 1-855-669-9658, and the access code is 5565631. International callers should dial +1-412-317-0088 and enter the same access code. Additionally, a replay of the webcast will be available on Flux Power’s Investor Relations website for approximately 90 days. About Flux Power Holdings, Inc Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling and airport ground support equipment (GSE). Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com. Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. Follow us at: Blog: Flux Power Blog News: Flux Power News Twitter: @Flux_P...

Overview of 2025 annual results Consolidated net profit was EUR 74.9 million (EUR 82.1 million in 2024) Allocation of profit proposal to the Annual General Meeting of 12 May 2026: gross dividend of EUR 1.40 per share (2025: EUR 1.40 per share) Large flows to Germany and the Netherlands continue Additional transmission capacity from the west under construction The number of loaded LNG trucks in Zeebrugge is growing 73% more bio-LNG at the Zeebrugge terminal Start of construction on initial hydrogen and CO2 infrastructure Fluxys c-grid appointed as CO2 network operator in Wallonia and Flanders Boosting Belgium as a CO2 hub in North-West Europe Strong results across multiple ESG objectives 102 new colleagues hired Key financial data * For definitions and reasons for using these indicators, see the annex p. 1. Consolidated revenue and net profit/loss The Fluxys Belgium group generated a revenue of EUR 650.5 million in 2025, up EUR 41.7 million year on year (EUR 608.8 million). This change can chiefly be explained by the change in the components covered by the regulated tariffs. The tariff methodology for 2024-2027 stipulates that reasonable operating costs should be covered by revenue. The consolidated net profit went from EUR 82.1 million in 2024 to EUR 74.9 million in 2025, down EUR 7.2 million. This change can primarily be explained by the expenditure for the hydrogen and CO2 business, for which the regulatory framework is currently being developed. The latent asset will become a regulated asset once the regulatory framework is set out, and will have a positive impact on results. Efficiency efforts in line with the regulated tariff model The tariff methodology for 2024-2027 (set by the regulator, the CREG) applies the principle that all reasonable costs, including interest and fair compensation, are covered by the regulated income. In addition, there are various incentives to control costs, and guide and control aspects of company performance. By strictly controlling its operating costs, combined with significant efforts to improve efficiency, the Fluxys Belgium group has managed to achieve most regulatory objectives and to book those incentives in a period of major operational challenges. EUR 261.8 million in investments In 2025, investments in property, plant and equipment totalled EUR 261.8 million compared to EUR 92.1 million in 2024. Of this amount, EUR...

Achieved first-ever net profitability through multi-quarter restructuring and cost optimization efforts, including rightsizing headcount and streamlining organizational spending. Realized a 610 basis point sequential gross margin expansion driven by improved product mix, lower warranty costs, and the benefits of recent cost-saving initiatives. Transitioned from selling hardware to providing energy management solutions, focusing on high-margin recurring revenue through value-added software and advanced telematics. Implemented AI-driven tools across engineering, software development, and day-to-day operations to enhance internal productivity and lower the company's breakeven point. Expanded sales leadership and OEM-focused expertise to diversify the customer base and accelerate lithium-ion adoption within the material handling sector. Maintained market leadership in the Ground Support Equipment (GSE) segment by releasing the GA315 battery to meet specific customer demand. Anticipate materially lower revenue in the third fiscal quarter due to a capital freeze implemented by the company's most significant customer. Expect the customer capital freeze to potentially impact a significant portion of calendar year 2026, though the underlying partnership remains strong. Proactively implemented additional cost reduction actions in the current quarter to further decrease the expense run rate and preserve cash during the revenue slowdown. Plan to launch the SkyLink telematics system to all customers within two months, aiming to drive higher-margin software sales through AI-driven features. Leverage a broad patent for 'state of health' algorithms to provide customers with predictive capacity planning and lifecycle forecasting. Recorded a $500,000 reversal of previously accrued employee bonus awards in Q2 after determining performance objectives would not be met. Navigated ongoing margin pressure from tariffs, noting that customers remain cautious as they monitor changing tariff percentages. Utilized recent capital raises to reduce outstanding balances on the line of credit and decrease accounts payable. Identified a 10% to 30% potential uptime gain for customers using new AI-driven intelligent alerts for proactive fleet management. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick....

VISTA, Calif., Feb. 12, 2026 (GLOBE NEWSWIRE) -- Flux Power Holdings, Inc. (NASDAQ: FLUX), a leading developer of advanced lithium-ion energy storage solutions and software-driven electrification for commercial and industrial equipment, today reported financial and operational results for the 2026 fiscal second quarter ended December 31, 2025. Second Quarter and Recent Business Highlights Increased revenue 7.2% sequentially to $14.1 million Achieved positive GAAP net income for the first time in its history Secured more than $3.6 million in additional purchase orders to support a long-standing airline customer Awarded U.S. Patent for determining the State of Health (SoH) of a battery pack, which uses advanced algorithms for predictive diagnostics to extend the overall battery lifespan Introduced next-gen telematics hardware SkyLNK device with significant advancements that deliver a competitive advantage with 4x more sensors and new machine learning capabilities Added AI driven Intelligent Alerting to SkyEMS, improving the customer experience and potential fleet uptime by 10 to 30% Released new Mobile UI that enables on-the-go monitoring and faster decision-making driving greater uptime and possible productivity improvements between 15 to 40% Strengthened sales leadership with a new Director of OEM Business Development with more than 20 years of material handling experience CEO Commentary “Our second quarter results reflected evidence of the continued progress on our strategic initiatives of implementing operational efficiencies and achieving profitability for the first time in the Company’s history,” said Krishna Vanka, Flux Power’s CEO. “Revenue increased sequentially as orders rebounded after a pause last quarter due to tariffs and pricing. Notably, we reduced core operating expenses approximately 31% sequentially, excluding the benefit from an accrual reversal, as a result of our implemented cost reductions. We also increased gross margin 610 basis points from the prior quarter, collectively contributing to our achievement of GAAP profitability. “Additionally, we made further progress on our initiatives to build the right products and expand our software offerings with the introduction of our next-generation telematics hardware device called SkyLNK, a new mobile user interface for SkyEMS, as well as getting a full patent for our State of Health technology...

This article first appeared on GuruFocus. Release Date: February 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Flux Power Holdings Inc (NASDAQ:FLUX) achieved profitability for the first time in the company's history. The company reported a significant improvement in gross margin, reaching 34.7% due to improved product mix and cost-saving initiatives. Flux Power Holdings Inc (NASDAQ:FLUX) has successfully implemented AI-driven tools to enhance operational efficiencies and productivity. The release of the next-generation Skylink telematics device offers advanced features like onboard analytics and machine learning, providing a competitive edge. The company has introduced new software features, such as intelligent alerting and a mobile interface, which are expected to generate high-margin recurring revenue streams. A significant customer has implemented a capital freeze, which is expected to materially impact revenue in the third quarter of 2026. Revenue for the second fiscal quarter of 2026 decreased to $14.1 million from $16.8 million in the same quarter last year. The company faces ongoing challenges from tariff effects, which continue to impact customer purchasing decisions. Cash and cash equivalents decreased to $0.9 million from $1.3 million as of June 30, 2025, indicating potential liquidity concerns. The company had to reverse approximately $0.5 million of previously accrued employee bonus awards due to unmet objectives, reflecting potential issues in meeting internal targets. Warning! GuruFocus has detected 6 Warning Signs with FLUX. Is FLUX fairly valued? Test your thesis with our free DCF calculator. Q: Is the capital freeze unique to one customer, or is it a trend across the industry? A: Krishna Vanka, CEO: The capital freeze is specific to one individual customer. We are not seeing this as a widespread trend across the industry. Q: How is the overall demand environment in the market? A: Krishna Vanka, CEO: The demand environment is mixed, with some lingering effects from tariffs. However, customers still need to purchase batteries to maintain their business operations. Q: Can you provide more details on the Skylink product rollout and its potential impact? A: Krishna Vanka, CEO: Skylink Telematics, our next-generation product, is powerful and integrates with our battery management syst...

Flux Power Holdings, Inc. (FLUX) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to a loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +161.54%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced a loss of $0.14, delivering a surprise of -250%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Flux Power, which belongs to the Zacks Electronics - Miscellaneous Products industry, posted revenues of $14.12 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 10.77%. This compares to year-ago revenues of $16.83 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Flux Power shares have added about 11% since the beginning of the year versus the S&P 500's gain of 1.4%. While Flux Power has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Flux Power was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Za...

Image source: The Motley Fool. Thursday, Feb. 12, 2026 at 4:30 p.m. ET Chief Executive Officer — Krishna Vanka Chief Financial Officer — Kevin Royal Krishna Vanka, Flux Power Holdings, Inc.'s CEO, and Kevin Royal, Chief Financial Officer. Before I turn the call over to Krishna, I would like to remind our listeners that during the course of this conference call, the company will provide financial guidance projections, comments, and other forward-looking statements regarding future market developments, future financial performance of the company, new products, or other matters. These statements are subject to the risks and uncertainties that we discuss in detail in our documents filed with the SEC. Specifically, our 10-K and our most recent 10-Q identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements. Also, the company's press release and management statements during this conference call will include discussions of certain adjusted or non-GAAP financial measures. These financial measures and related reconciliations are provided in the company's press release and related current report on Form 8-Ks, which can be found in the Investor Relations section of Flux Power Holdings, Inc.'s website www.flexpower.com. For those of you unable to listen to the entire call at this time, a recording will be available via webcast on the company's website. I will now turn the call over to Flux Power Holdings, Inc.'s CEO, Krishna Vanka. Krishna, please go ahead. Krishna Vanka: Thank you, and welcome everyone to our second quarter conference call. As we announced in our press release earlier today, we achieved profitability for the first time in the company's history. I am very pleased that we have been able to achieve this milestone within a year since I joined Flux Power Holdings, Inc. The discipline we built internally to optimize our expenses along with the sequential increase in revenue made this happen. I do want to thank all our employees, partners, and customers for contributing to this achievement. Also, during the quarter, our product development team made significant progress on innovations and roadmap. I will walk you through these recent developments as I deliver updates to the five strategic initiatives that we have established to guide our execution and performance here at Flux Pow...