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How Energy Focus (EFOI) makes money

Energy Focus (EFOI) made $3.7M of revenue in the second quarter 2026 (Q2 2026), +228% from a year earlier. Commercial products brought in $2.3M (60%); MMM products brought in $1.5M (40%); Setup service brought in $4K (0%).

Drawing the Sankey…

Energy Focus revenue by segment, Q2 2026Energy Focus revenue by segment, Q2 2026Commercial products$2.3MMMM products$1.5MSetup service$4K
Energy Focus: revenue by line, Q2 2025 to Q2 2026Energy Focus: revenue by line, Q2 2025 to Q2 2026Commercial productsMMM productsSetup serviceCommercial products: $2.3M latest$2.3MMMM products: $1.5M latest$1.5MSetup service: $4K latestQ2 2025Q3 2025Q1 2026Q2 2026
MMM products went from 30% of revenue in Q2 2025 to 40% in Q2 2026, the largest shift in the mix.
Energy Focus revenue by quarterEnergy Focus revenue by quarter$1.3MQ4 2024$616KQ1 2025$1.1MQ2 2025$826KQ3 2025$975KQ4 2025$949KQ1 2026$3.7MQ2 2026
Energy Focus: where each dollar of revenue goesEnergy Focus: where each dollar of revenue goesIncome tax0¢

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Commercial products$2.3M60.1%+609%+192%
MMM products$1.5M39.8%+137%+328%
Setup service$4K0.1%+33%-82%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$3.7M100.0%
Income tax$7K0.2%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$3.7M+228%
Q1 2026$949K+54%
Q4 2025$975K-24%
Q3 2025$826K-31%
Q2 2025$1.1M-26%
Q1 2025$616K-26%
Q4 2024$1.3M-47%

From Energy Focus' 10-Q filed Aug 11, 2026 (on EDGAR).

Questions

How does Energy Focus make money?

Energy Focus (EFOI) made $3.7M of revenue in the second quarter 2026 (Q2 2026), +228% from a year earlier. Commercial products brought in $2.3M (60%); MMM products brought in $1.5M (40%); Setup service brought in $4K (0%).

What is Energy Focus' biggest business?

Commercial products: $2.3M in the second quarter 2026, 60% of revenue, +192% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.