Filing Flows › Energy Focus (EFOI) › Q3 2025
Energy Focus (EFOI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Energy Focus (EFOI) reported revenue of $826K for the third quarter 2025 (Q3 2025), -31% from a year earlier and -28% from the quarter before. Operating margin was -21.2%, net loss $172K (20.8% of revenue).
Energy Focus, Q3 2025: revenue $826K (-31% year over year), operating margin -21.2%, net loss $172K, operating cash flow −$55K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $826K | -28% | -31% |
| Operating profit | −$175K | — | — |
| Net earnings | −$172K | — | — |
| Operating cash flow | −$55K | — | — |
What changed
Revenue was $826K in Q3 2025, down 31% year over year and down 28% from the previous quarter. MMM products was the largest line at 75% of revenue. MMM products lost $225K year over year (down 27%), 61% of the total change.
Gross margin was 17.8%, up 2.1 points from a year earlier. Operating costs exceeded revenue by $175K, an operating margin of -21.2%. Operating expenses fell 45% while revenue fell 31%. The quarter ended with a net loss of $172K, narrower than the previous quarter's $231K loss.
Operating cash flow was −$55K. Non-cash charges added back $9K of depreciation. Working capital and other items added $108K. Capital expenditures of $49K exceeded it, leaving free cash flow of −$104K.
Questions
What was Energy Focus' revenue in the third quarter 2025?
Energy Focus (EFOI) reported revenue of $826K for the third quarter 2025 (Q3 2025), -31% from a year earlier and -28% from the quarter before.
Was Energy Focus profitable in the third quarter 2025?
Operating loss was $175K (-21.2% of revenue) and net loss $172K.
Source: Energy Focus 10-Q on SEC EDGAR.