Flux Power Holdings, Inc. reported its fiscal second quarter 2026 results, achieving GAAP profitability for the first time in its history with net income of $0.6 million. Revenue increased 7.2% sequentially to $14.1 million for the quarter ended December 31, 2025.
Key takeaways
Achieved first profitable quarter in company history with GAAP net income of $0.6 million, or $0.03 per share.
Revenue rose 7.2% sequentially to $14.1 million for the fiscal second quarter ended December 31, 2025.
Gross margin improved to 34.7% of revenue, a 610 basis point increase from the prior quarter.
Operating expenses decreased to $4.1 million, down from $5.9 million in the prior quarter.
Cash position was $0.9 million as of December 31, 2025, down from $1.3 million as of June 30, 2025.
Secured more than $3.6 million in additional purchase orders for a long-standing airline customer.