Flux Power Holdings, Inc. (FLUX) Stock

Flux Power Holdings, Inc. (FLUX) is a Industrials stock trading at $0.54 (as of 2026-07-30), with a market capitalization of $11.71M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Flux Power Holdings, Inc., through its subsidiary Flux Power, Inc., designs, develops, manufactures, and sells lithium-ion energy storage solutions for lift trucks, airport ground support equipment, and other industrial and commercial applications in the United States. It offers battery management system (BMS) that provides cell balancing, charging, discharging, monitoring, and communication between the pack and the forklift. The company also provides 24-volt onboard chargers for its Class 3 Walkie LiFT packs; and smart wall mounted chargers to interface with its BMS. The company sells its products directly to small companies and end-users, as well as through original equipment manufacturers, lift equipment dealers, and battery distributors. Flux Power Holdings, Inc. was incorporated in 1998 and is based in Vista, California.

Understand Flux Power Holdings, Inc.: how it makes money

Flux Power makes and sells lithium-ion battery systems for industrial equipment, including forklift battery packs with battery management systems, plus 24-volt onboard chargers and smart wall mounted chargers that interface with its BMS.

Its profit model is driven by converting customer purchase orders into delivered lithium-ion packs and related charging and control equipment over time, which shows up in “Remaining Performance Obligations,” while monetization and support also depend on growth of the installed base of packs operating in North America.

Business quality (Weak): The company has a defined product platform (BMS, battery packs, and chargers) and a meaningful installed base, but the latest quarter shows a negative operating margin, and the operating backlog metrics provided are small.

Bull case

  • Installed base and ecosystem fit: “Flux-Powered Lithium-Ion Packs Operating in North America” is 25,000 (count), indicating batteries are in the field alongside the company’s BMS and charger solutions.
  • Backlog and order flow: “Remaining Performance Obligations” is 0.03B USD and “Customer Purchase Orders (Order Intake)” is 0.03B USD, supported by 2 new Fortune 500 customers added.

Bear case

  • Profits are not currently covering costs: The latest quarter shows an operating margin of -45.4%.
  • No evidence of repeat orders in the provided KPI set: “Repeat Orders” is listed as 0.0B USD, which can indicate limited repeat purchasing in the reported period.
Valuation — source: SEC EDGAR (first-party)
Price$0.54
Market Cap$11.71M
Price / Book4.58
Price / Sales0.23
FCF Yield-70.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$42.13M
Net Margin-17.7%
Return on Equity-291.2%
Current Ratio1.03
Revenue Growth (YoY)-36.6%
EPS Growth (YoY)-5.0%
FCF Growth (YoY)14846.5%
Financial Health — source: SEC EDGAR
Altman Z-Score-5.37 (distress)
Valuation vs Sector & Industry
Sector P/E (Industrials)25.9
Industry P/E (Electrical Equipment)37.8
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderFormidable Asset Management, LLC ($3.52M)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryElectrical Equipment
CEOKrishna Vanka
Employees119
CountryUS
IPO Date2020-08-14

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

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FLUX earnings history · FLUX institutional & insider holders · FLUX KPIs & operating metrics · FLUX financials · FLUX investor presentations & press releases · FLUX SEC filings · FLUX peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-30.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.