Flux Power Q1 adjusted EBITDA loss widens, misses estimates

Flux Power Holdings

03/11/2026 21:25

Overview
US lithium-ion battery maker's fiscal Q1 revenue fell sharply yr/yr
Adjusted EBITDA loss for fiscal Q1 widened and missed analyst expectations
Company reduced operating expenses by 22% yr/yr through cost-cutting

Outlook
Flux Power guides 2027 fiscal Q2 revenue to be $7 mln to $8 mln
Company expects growing market demand for lithium-ion battery solutions
Flux Power is evaluating financing alternatives and strategic partnerships for financial flexibility

Result Drivers
CUSTOMER RETURN - Co said largest material handling customer resumed orders after prior pause, contributing to Q1 results
MARKET EXPANSION - Co launched campaign targeting large fleet operators to broaden customer base
NEW VERTICALS - Co said early wins and follow-on orders in Robotics vertical contributed to Q1 performance

Company press release: ID:nGNXdjDGW

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Loss
 
$3.20 mln
 
Q1 Adjusted EBITDA
Miss
-$2.60 mln
-$2.08 mln (3 Analysts)
Q1 Gross Profit
 
$1.70 mln
 
Q1 Loss Per Share
 
$0.15
 

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 $4.00, about 781.3% above its November 2 closing price of $0.45

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Nov 2 - Tempus AI Q3 revenue slightly beats estimates; raises guidance

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(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.)