0001493152-26-006414
SEC filingFlux Power Holdings, Inc. (FLUX) reported strong Q2 2026 results for the period ended December 31, 2025, achieving revenues of $14.1M, gross profit of $4.9M, and a net income of $601K, marking a shift to profitability. This compares favorably to prior periods, with operating income of $795K driven by robust revenue growth and controlled costs. Gross margin stood at 34.8%, reflecting efficient cost of sales at $9.2M. Total operating expenses were $4.1M, including $3.6M in selling and administrative and $536K in R&D. Balance sheet shows total assets of $30.1M, with current assets at $27.6M including $15.7M inventories and $8.5M accounts receivable. Current liabilities totaled $22.1M, with stockholders' equity at $7.5M. Cash flow from operations was positive at $3.8M, supported by financing inflows of $4.2M from equity offerings ($9.8M public, $3.2M private placement) and debt activities, though net cash decreased by $406K to $928K. Ending cash per cash flow statement is $1.3M. These results highlight improved liquidity and operational execution, positioning FLUX for sustained growth in the fiscal year.
Flux Power Holdings, Inc. delivered positive financial results for the three months ended December 31, 2025, in its 10-Q filing dated February 12, 2026. Revenues totaled $14.1M, with cost of sales at $9.2M yielding gross profit of $4.9M. Operating expenses aggregated $4.1M, comprising $3.6M selling and administrative and $536K research and development, resulting in operating income of $795K. After $194K net interest expense, net income was $601K, or $0 per basic and diluted share. Weighted average shares basic were 19.7M and diluted 22.9M. Balance sheet as of December 31, 2025, showed total assets of $30.1M, up from prior periods based on share count growth from 16.8M to 21.3M shares outstanding. No direct QoQ numerical comparisons provided in filing, but cash decreased $406K net. This quarter marks profitability amid equity raises.
Revenues for the period were $14.1M. No segment breakdown, geographic mix, or specific growth drivers disclosed in the provided filing content. Gross profit of $4.9M reflects core operations in power solutions, with accounts receivable at $8.5M net of $44K allowance (down from $68K at June 30, 2025), indicating strong collections.
Gross margin was 34.8% ($4.9M gross profit / $14.1M revenue), supported by cost of sales control at $9.2M. Operating margin reached 5.6% ($795K / $14.1M revenue), a positive swing from expense management. Total operating expenses of $4.1M were 29.1% of revenue. Inventory write-downs of $286K noted in cash flow adjustments, but net inventories stood at $15.7M.
Operating cash flow was $3.8M, adjusted from $601K net income by $502K depreciation, $285K stock compensation, $286K inventory write-downs, and working capital changes including -$2.9M accounts receivable, -$1.2M inventories, and -$6.1M accounts payable. Investing used $285K for equipment. Financing provided $4.2M, including $9.8M public offering, $3.2M private placement, $35.1M line draws offset by $44.0M payments. Cash ended at $928K (balance sheet) or $1.3M (cash flow statement). Current liabilities $22.1M include $4.7M line of credit, $10.2M payables; equity $7.5M with $115.9M paid-in capital offsetting -$108.3M deficit.
No management guidance, strategic priorities, or specific risk factors beyond standard commitments (Note 9) disclosed in the provided filing content.