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Energy Focus (EFOI) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 12, 2025

Energy Focus (EFOI) reported revenue of $1.1M for the second quarter 2025 (Q2 2025), -26% from a year earlier and +86% from the quarter before. Operating margin was -19.6%, net loss $231K (20.2% of revenue).

Revenue$1.1M
Year over year-26%
Quarter over quarter+86%
Operating margin-19.6%
Net earnings−$231K

Energy Focus, Q2 2025: revenue $1.1M (-26% year over year), operating margin -19.6%, net loss $231K, operating cash flow −$215K. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$1.1M+86%-26%
Operating profit−$224K——
Net earnings−$231K——
Operating cash flow−$215K——

What changed

Revenue was $1.1M in Q2 2025, down 26% year over year and up 86% from the previous quarter. Commercial products was the largest line at 68% of revenue. MMM products lost $850K year over year (down 71%), 207% of the total change.

Gross margin was 12.9%, up 4.7 points from a year earlier. Operating costs exceeded revenue by $224K, an operating margin of -19.6%. Operating expenses fell 46% while revenue fell 26%. The quarter ended with a net loss of $231K, narrower than the previous quarter's $268K loss.

Operating cash flow was −$215K. Non-cash charges added back $10K of depreciation.

Questions

What was Energy Focus' revenue in the second quarter 2025?

Energy Focus (EFOI) reported revenue of $1.1M for the second quarter 2025 (Q2 2025), -26% from a year earlier and +86% from the quarter before.

Was Energy Focus profitable in the second quarter 2025?

Operating loss was $224K (-19.6% of revenue) and net loss $231K.

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Source: Energy Focus 10-Q on SEC EDGAR.