Flux Power Holdings reports Q4 revenue up 25% sequentially

Flux Power Holdings (NASDAQ: FLUX ) held its fourth-quarter earnings conference call on Thursday.

Below is the complete transcript from the call.

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For comprehensive financial data and transcripts, visit View the webcast at Summary Flux Power Holdings reported a sequential quarterly revenue increase of 25%, with the fourth quarter revenue at $8.2 million, though down from $16.7 million in the same quarter a year ago.

The company has successfully reduced operating expenses by 33% compared to the previous year, contributing to a more efficient cost structure.

Strategic initiatives include entering the robotics market, optimizing the sales team, and launching new marketing programs to diversify the customer base.

A significant new partnership with a global technology company in robotics could lead to substantial revenue growth in the coming years.

The launch of AI-driven SkyEMS 3.0 enhances the company's software offerings, aiming to improve customer retention and provide future recurring revenue streams.

Operating loss for the quarter was $2.3 million, improved from the previous quarter, and the net loss for the full year was $7.4 million.

Future outlook indicates a down revenue forecast for the first quarter of 2027, with expectations of a rebound in the second fiscal quarter.

Management remains optimistic about long-term growth and profitability, supported by strategic initiatives and partnerships.

Full Transcript OPERATOR Good afternoon and welcome to Flux Power Holdings' fiscal fourth quarter 2026 earnings conference call.

At this time, all participants are in listen-only mode.

At the conclusion of today's conference call, instructions will be given for the question-and-answer session.

As a reminder, this conference call is being recorded today, August 20, 2026.

I would now like to turn the call over to Leigh Ann Sievers of Shelton Group Investor Relations.

Leigh Ann, please go ahead.

Leigh Ann Sievers, President, Shelton Group (Investor Relations) Good afternoon and welcome to Flux Power Holdings' fiscal fourth quarter and full year 2026 earnings conference call.

I'm Leigh Ann Sievers, President of Shelton Group, Flux Power Holdings' investor relations firm.

Joining me today from Flux Power Holdings are Krishna Vanka, CEO, Kevin Royal, Chief Financial Officer, and Stu Jakobar, Vice President of Sales for Material Handling.

Before I turn the call over to Krishna, I'd like to remind our listeners that during the course of this conference call, the Company will provide financial guidance, projections, comments and other forward-looking statements regarding future market developments, the future financial performance of the company, new products or other matters.

These statements are subject to risks and uncertainties that we discuss in detail in our documents filed with the SEC, specifically our 10—K and our most recent 10—Q, which identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements.

Also, the Company's press release and management statements during this conference call will include discussions of certain adjusted or non—GAAP financial measures.

These financial measures and related reconciliations are provided in the Company's press release and related current report on Form 8—K, which can be found in the investor relations section of Flux Power Holdings' website at For those of you unable to listen to the entire call at this time, a recording will be available via webcast on the Company's website.

And now it's my pleasure to turn the call over to Flux Power Holdings' CEO, Krishna Vanka.

Krishna, please go ahead.

Krishna Vanka, CEO Thank you, Leigh Ann, and thank you everyone for joining us on today's conference call.

I am very pleased to report fourth quarter revenue increased 25% sequentially and even slightly better than the expectations conveyed on last quarter's call.

We are encouraged by the improving order patterns we saw throughout the quarter across both our ground service equipment and material handling business.

On a year-over-year basis, the quarter was below our historic revenue level due to our most significant material handling customer continuing to navigate a capital freeze.

As we conveyed previously, our business has also been impacted by the broader economic disruptions related to tariffs and higher fuel prices.

I want to reiterate that our partnership with our significant customer remains strong and we expect business with this valued customer to resume in the future.

As mentioned on prior calls, we have been taking decisive actions over the past year to lower product and operating costs as well as improve operating efficiencies.

We reduced operating expenses by 33% over the fourth quarter of fiscal 2025 and a decrease of 28% when comparing full year 2026 versus 2025.

These actions have included headcount reductions, cost containment and broader efficiency measures.

We also continue to work aggressively to improve margins through near-term supply chain optimization, vendor pricing negotiations and product redesign efforts.