Flux Power Holdings Inc

Flux Power Holdings, Inc., through its subsidiary, designs, develops, manufactures, and sells lithium-ion energy storage solutions in North America. The company offers battery management system which manages cell balancing, charging, discharging, monitoring, and communication between the pack and the forklift. It also provides 24-volt onboard chargers for its Class 3 Walkie pallet packs; smart wall mounted chargers to interface with its battery management system; and material handling and airport ground support equipment products. The company's products are used for lift trucks, airport ground support equipment, and other commercial applications. It sells its products to OEMs, lift equipment dealers, battery distributors, and various end users. Flux Power Holdings, Inc. is headquartered in Vista, California.

FLUX▼

Flux Power guides Q1 2027 revenue to $6M-$7M, enters robotics testing

Flux Power Holdings guided first quarter fiscal 2027 revenue to $6 million to $7 million, below analysts' $8.05 million, while announcing entry into robotics testing with more than 70 batteries deployed. CEO Krishna Vanka said fourth quarter fiscal 2026 revenue rose 25% sequentially to $8.2 million, beating estimates, but fell from $16.7 million a year earlier due to a key material handling customer's capital freeze and tariff-related pressures. The company also received official certification from Hyster-Yale Materials Handling for all Class 1, 2, and 3 forklifts and launched its AI-driven SkyEMS 3.0 platform. CFO Kevin Royal said second quarter fiscal 2027 revenue should rebound to $8 million to $9 million, and gross margin should return above 30% once quarterly revenue exceeds $12 million. Cash and cash equivalents ended the quarter at $0.3 million.

FLUX ▼HY ▲

Seeking Alpha·6dRead more ▾