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Flux Power Holdings vs SES AI: FLUX and SES compared
Flux Power Holdings is the larger company: $6.8M of revenue in its latest quarter (Q1 FY27) against $5.1M for SES AI (Q2 2026). SES AI is growing faster (+44% against -49% a year earlier). Flux Power Holdings is more profitable, with an operating margin of -43.8% against -378.5%.
Where the money goes: FLUX and SES
Flux Power Holdings (FLUX) · Q1 FY27
Flux Power Holdings, Q1 FY27: revenue $6.8M (-49% year over year), operating margin -43.8%, net loss $3.2M, operating cash flow $423K. The chart follows the revenue to costs, profit and cash.
SES AI (SES) · Q2 2026
SES AI, Q2 2026: revenue $5.1M (+44% year over year), operating margin -378.5%, net loss $17.9M, operating cash flow −$13.8M. The chart follows the revenue to costs, profit and cash.
| Flux Power Holdings (FLUX) | SES AI (SES) | |
|---|---|---|
| Latest quarter | Q1 FY27 | Q2 2026 |
| Revenue | $6.8M | $5.1M |
| Revenue growth, Y/Y | -49% | +44% |
| Operating margin | -43.8% | -378.5% |
| Net earnings | −$3.2M | −$17.9M |
| Net margin | -46.9% | -353.0% |
| Operating cash flow | $423K | −$13.8M |
| Free cash flow | $301K | — |
Where the revenue comes from
SES AI
- Product: $5.1M (100%)
- Service: $7K (0%)
Questions
Which is bigger, Flux Power Holdings or SES AI?
Flux Power Holdings is the larger company: $6.8M of revenue in its latest quarter (Q1 FY27) against $5.1M for SES AI (Q2 2026).
Is Flux Power Holdings or SES AI growing faster?
SES AI is growing faster (+44% against -49% a year earlier).
Which is more profitable, Flux Power Holdings or SES AI?
Flux Power Holdings is more profitable, with an operating margin of -43.8% against -378.5%.
More: Flux Power Holdings earnings · how Flux Power Holdings makes money · SES AI earnings · how SES AI makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 3, 2026; 10-Q filed Aug 11, 2026). Fiscal quarters can end on different dates. Not investment advice.