Energy Focus, Inc. (EFOI) quarterly income statement — complete revenue, gross profit & net income history
Energy Focus, Inc. (EFOI) annual income statement — 30-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 3.75M | 949K | 975K | 826K | 1.14M | 616K | 1.28M | 1.2M | 1.55M | 833K | 2.39M | 1.34M | 1.05M | 930K | 663K | 1.76M | 1.48M | 2.06M | 2.4M | 2.75M |
| Revenue Growth % | 228% | 54.06% | -23.71% | -30.94% | -26.4% | -26.05% | -46.59% | -10.68% | 47.2% | -10.43% | 260.94% | -24.09% | -28.72% | -54.88% | -72.43% | -35.83% | -28.64% | -21.84% | -35.8% | -53.91% |
| Cost of Goods Sold | 4M | 728K | 800K | 679K | 996K | 422K | 1.01M | 1.01M | 1.43M | 713K | 2.32M | 1.39M | 876K | 913K | 901K | 1.93M | 1.37M | 2.09M | 2.22M | 2.19M |
| COGS % of Revenue | 106.8% | 76.71% | 82.05% | 82.2% | 87.14% | 68.51% | 79.26% | 84.28% | 91.89% | 85.59% | 96.87% | 103.58% | 83.03% | 98.17% | 135.9% | 109.24% | 92.64% | 101.26% | 92.14% | 79.52% |
| Gross Profit | -255K | 221K | 175K | 147K | 147K | 194K | 265K | 188K | 126K | 120K | 75K | -48K | 179K | 17K | -238K | -163K | 109K | -26K | 189K | 563K |
| Gross Margin % | -6.8% | 23.29% | 17.95% | 17.8% | 12.86% | 31.49% | 20.74% | 15.72% | 8.11% | 14.41% | 3.13% | -3.58% | 16.97% | 1.83% | -35.9% | -9.24% | 7.36% | -1.26% | 7.86% | 20.48% |
| Gross Profit Growth % | -273.47% | 13.92% | -33.96% | -21.81% | 16.67% | 61.67% | 253.33% | 491.67% | -29.61% | 605.88% | 131.51% | 70.55% | 64.22% | 165.38% | -225.93% | -128.95% | -72.26% | -104.7% | -86.82% | -59.08% |
| Operating Expenses | 613K | 362K | 509K | 320K | 371K | 462K | 553K | 586K | 683K | 719K | 840K | 855K | 1.28M | 1.22M | 1.79M | 2.24M | 2.32M | 2.63M | 2.54M | 2.37M |
| OpEx % of Revenue | 16.35% | 38.15% | 52.21% | 38.74% | 32.46% | 75% | 43.27% | 49% | 43.98% | 86.31% | 35.1% | 63.85% | 121.23% | 131.18% | 269.38% | 127.21% | 156.55% | 127.61% | 105.82% | 86.32% |
| Selling, General & Admin | 0 | 286K | 312K | 238K | 0 | 0 | 434K | 0 | 0 | 0 | 696K | 0 | 1.13M | 1.07M | 0 | 0 | 1.96M | 2.13M | 2.08M | 0 |
| SG&A % of Revenue | - | 30.14% | 32% | 28.81% | - | - | 33.96% | - | - | - | 29.08% | - | 107.3% | 114.62% | - | - | 132.7% | 103.2% | 86.53% | - |
| Research & Development | 84K | 76K | 197K | 82K | 74K | 50K | 119K | 137K | 140K | 128K | 144K | 142K | 147K | 154K | 269K | 366K | 353K | 503K | 464K | 404K |
| R&D % of Revenue | 2.24% | 8.01% | 20.21% | 9.93% | 6.47% | 8.12% | 9.31% | 11.45% | 9.01% | 15.37% | 6.02% | 10.6% | 13.93% | 16.56% | 40.57% | 20.75% | 23.85% | 24.41% | 19.29% | 14.7% |
| Other Operating Expenses | 529K | 0 | 0 | 0 | 297K | 412K | 0 | 449K | 543K | 591K | 0 | 713K | 2K | 0 | 1000K | 1000K | 0 | 0 | -4K | 1000K |
| Operating Income | -868K | -141K | -334K | -173K | -224K | -268K | -288K | -398K | -557K | -599K | -765K | -903K | -1.1M | -1.2M | -2.02M | -2.41M | -2.21M | -2.66M | -2.36M | -1.81M |
| Operating Margin % | -23.15% | -14.86% | -34.26% | -20.94% | -19.6% | -43.51% | -22.54% | -33.28% | -35.87% | -71.91% | -31.97% | -67.44% | -104.27% | -129.35% | -305.28% | -136.45% | -149.19% | -128.87% | -97.96% | -65.84% |
| Operating Income Growth % | -287.5% | 47.39% | -15.97% | 56.53% | 59.78% | 55.26% | 62.35% | 55.92% | 49.36% | 50.21% | 62.2% | 62.48% | 50.18% | 54.71% | 14.09% | -32.98% | 1.52% | -15.53% | -172.06% | -78.85% |
| EBITDA | -860K | -133K | -325K | -164K | -214K | -259K | -279K | -389K | -546K | -591K | -756K | -895K | -1.09M | -1.2M | -1.99M | -2.37M | -2.17M | -2.61M | -2.31M | -1.77M |
| EBITDA Margin % | -22.94% | -14.01% | -33.33% | -19.85% | -18.72% | -42.05% | -21.83% | -32.53% | -35.16% | -70.95% | -31.59% | -66.84% | -103.51% | -128.49% | -300.75% | -134.07% | -146.28% | -126.73% | -96.09% | -64.28% |
| EBITDA Growth % | -301.87% | 48.65% | -16.49% | 57.84% | 60.81% | 56.18% | 63.1% | 56.54% | 50% | 50.54% | 62.09% | 62.16% | 49.56% | 54.25% | 13.72% | -33.84% | 1.1% | -15.99% | -181.14% | -83.3% |
| D&A (Non-Cash Add-back) | 8K | 8K | 9K | 9K | 10K | 9K | 9K | 9K | 11K | 8K | 9K | 8K | 8K | 8K | 30K | 42K | 43K | 44K | 45K | 43K |
| EBIT | -865K | -140K | -356K | -172K | -231K | -268K | -292K | -316K | -554K | -413K | -692K | -903K | -1.1M | -1.21M | -1.76M | -2.33M | -2.23M | -2.64M | -2.36M | -1.81M |
| Net Interest Income | -2K | 1K | 1K | 0 | 1K | 0 | 5K | 0 | 0 | -5K | -97K | -34K | -69K | -123K | -275K | -235K | -260K | -184K | -272K | -177K |
| Interest Income | 3K | 1K | 1K | 0 | 1K | 0 | 0 | 0 | 0 | 0 | 57K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 5K | 0 | 0 | 0 | 0 | 0 | -5K | 0 | 0 | 5K | 154K | 34K | 69K | 123K | 275K | 235K | 260K | 184K | 272K | 177K |
| Other Income/Expense | -2K | 1K | -22K | 1K | -7K | 0 | -4K | 82K | 3K | 181K | -81K | -41K | -67K | -130K | -282K | -255K | -278K | -165K | -276K | 670K |
| Pretax Income | -870K | -140K | -356K | -172K | -231K | -268K | -292K | -316K | -554K | -418K | -846K | -944K | -1.17M | -1.33M | -2.31M | -2.66M | -2.49M | -2.82M | -2.63M | -1.14M |
| Pretax Margin % | -23.21% | -14.75% | -36.51% | -20.82% | -20.21% | -43.51% | -22.85% | -26.42% | -35.67% | -50.18% | -35.35% | -70.5% | -110.62% | -143.33% | -347.81% | -150.91% | -167.97% | -136.88% | -109.44% | -41.47% |
| Income Tax | 7K | 0 | 0 | 0 | 0 | 0 | 2K | 0 | 0 | 0 | 3K | 0 | 0 | 0 | 4K | 0 | 0 | 0 | -1K | 0 |
| Effective Tax Rate % | -0.8% | 0% | 0% | 0% | 0% | 0% | -0.68% | 0% | 0% | 0% | -0.35% | 0% | 0% | 0% | -0.17% | 0% | 0% | 0% | 0.04% | 0% |
| Net Income | -877K | -140K | -356K | -172K | -231K | -268K | -294K | -316K | -554K | -418K | -849K | -944K | -1.17M | -1.33M | -2.31M | -2.66M | -2.49M | -2.82M | -2.63M | -1.14M |
| Net Margin % | -23.39% | -14.75% | -36.51% | -20.82% | -20.21% | -43.51% | -23% | -26.42% | -35.67% | -50.18% | -35.48% | -70.5% | -110.62% | -143.33% | -348.42% | -150.91% | -167.97% | -136.88% | -109.4% | -41.47% |
| Net Income Growth % | -279.65% | 47.76% | -21.09% | 45.57% | 58.3% | 35.89% | 65.37% | 66.53% | 52.53% | 68.64% | 63.25% | 64.54% | 53.06% | 52.75% | 12.2% | -133.51% | -0.53% | -71.8% | -4147.69% | 2.15% |
| Net Income (Continuing) | -877K | -140K | -356K | -172K | -231K | -268K | -294K | -316K | -554K | -418K | -849K | -944K | -1.17M | -1.33M | -2.31M | -2.66M | -2.49M | -2.82M | -2.63M | -1.14M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.14 | -0.02 | -0.06 | -0.03 | -0.04 | -0.05 | -0.06 | -0.06 | -0.12 | -0.09 | -0.20 | -0.27 | -0.42 | -0.58 | -1.69 | -2.03 | -2.70 | -3.25 | -3.47 | -1.57 |
| EPS Growth % | -226.34% | 55.99% | -0.67% | 48.92% | 64.25% | 46.02% | 70.3% | 77.74% | 71.43% | 83.74% | 88.17% | 86.7% | 84.44% | 82.15% | 51.3% | -29.3% | 34.31% | -2.2% | -3254.55% | 36.44% |
| EPS (Basic) | -0.14 | -0.02 | -0.06 | -0.03 | -0.04 | -0.05 | -0.06 | -0.06 | -0.12 | -0.09 | -0.20 | -0.27 | -0.42 | -0.58 | -1.69 | -2.03 | -2.70 | -3.26 | -3.47 | -1.57 |
| Diluted Shares Outstanding | 6.33M | 6.25M | 5.95M | 5.61M | 5.38M | 5.27M | 4.95M | 5.26M | 4.79M | 4.43M | 4.35M | 3.51M | 2.77M | 2.31M | 1.37M | 1.31M | 1.02M | 919.57K | 758.86K | 726.57K |
| Basic Shares Outstanding | 6.33M | 6.25M | 5.95M | 5.61M | 5.38M | 5.27M | 4.95M | 5.26M | 4.79M | 4.43M | 4.35M | 3.51M | 2.77M | 2.31M | 1.37M | 1.31M | 1.02M | 915.91K | 758.12K | 726.57K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |