Flux Power Holdings, Inc. (FLUX)

The stock price has experienced a significant decline, falling by 80.51% over the last six months and 23.49% in the past month as of April 9, 2026. Key events include Q1 FY2026 financial results with $13.2 million revenue and a net loss of $2.6 million, new purchase orders totaling over $6 million, a $9.6 million public offering, Q2 FY2026 financial results reporting first-ever GAAP net income of $0.6 million but forecasting lower revenue in Q3, reports of a loan default and liquidity risks, a price target decrease, and a proposed class action settlement related to previously issued financial statements.

While specific seasonal patterns are not explicitly provided, the material handling industry experiences changing workloads, seasonal demand, and economic shifts. Flux Power experienced lumpiness in orders and lower demand in the material handling market in Q2 2025 but anticipated increasing order flow in subsequent quarters. The trend towards electrification of material handling equipment suggests long-term growth, potentially mitigating seasonal fluctuations.

Flux Power Holdings, Inc. designs, develops, manufactures, and sells advanced lithium-ion energy storage solutions, operating within the Industrials sector. Its primary products include lithium-ion battery packs and a proprietary high-power battery cell management system (BMS). These solutions are used in material handling, airport ground support equipment (GSE), and other commercial and industrial applications, with sales to OEMs, lift equipment dealers, battery distributors, and end-users.

Flux Power Holdings, Inc. is headquartered in Vista, California, United States, and primarily operates in North America.

Flux Power Holdings, Inc. has experienced both positive and negative developments regarding its brand reputation in the past year. Positive events include industry leadership recognition at MODEX 2026 and recurring orders from major customers. Negative events include a class action lawsuit and financial restatement due to errors in inventory accounting, as well as reports of a loan default and liquidity risks.

The ownership structure of Flux Power Holdings (FLUX) is a mix of institutional, insider, and public/retail investors. Approximately 16.03% to 37.96% of the company's stock is held by institutional investors. Insiders own around 20.55% to 22.00% of the stock, while public companies and individual investors (retail investors) hold approximately 54.94% to 55.22%. Major institutional owners include Formidable Asset Management, LLC, Vanguard Group Inc, and BlackRock, Inc. Michael Johnson owns the most shares among individuals.