Flux Power's Q2 revenue up 7.2% sequentially, but misses estimates

Flux Power Holdings

12/02/2026 21:28

Overview

Lithium-ion storage developer's Q2 revenue rose 7.2% sequentially, still missing analyst expectations

Company achieved positive GAAP net income for the first time

Adjusted EBITDA for Q2 significantly beat analyst estimates for a loss

Outlook

Flux Power expects sequential revenue decline in fiscal third quarter due to tariff uncertainty

Company remains focused on strategic initiatives despite limited near-term visibility

Result Drivers

COST REDUCTIONS - Co reduced core operating expenses by 31% sequentially, contributing to improved profitability

PRODUCT INNOVATION - Introduction of SkyLNK telematics hardware and AI-driven Intelligent Alerting enhanced product offerings

ORDER REBOUND - Sequential revenue growth driven by rebound in orders after previous pause due to tariffs and pricing

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$14.10 mln
$15.55 mln (3 Analysts)
Q2 Net Income
$600,000
Q2 Adjusted EBITDA
Beat
$1.50 mln
-$747,000 (3 Analysts)
Q2 Basic EPS
$0.03
Q2 Gross Profit
$4.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for Flux Power Holdings Inc is $5.50, about 290.1% above its February 11 closing price of $1.41

Press Release: ID:nGNX9z697n

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)