Earnings summaries and quarterly performance for ENERGY FOCUS, INC/DE.
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Energy Focus, Inc. Announces Third Quarter 2025 Financial Results
EFOI
Earnings
Demand Weakening
- Energy Focus, Inc. reported net sales of $0.8 million for the third quarter of 2025, representing a 30.9% decrease compared to the third quarter of 2024, and a 27.7% sequential decrease from the second quarter of 2025.
- The decline in net sales was primarily due to a 26.6% decrease in military sales and a 42.3% decrease in commercial sales year-over-year, with commercial sales affected by a weakened economy and high inflation.
- The company's gross profit margin was 17.8% in Q3 2025, an improvement compared to 15.7% in Q3 2024 (which was a gross loss) and 12.9% in Q2 2025.
- Energy Focus, Inc. recorded a net loss of $0.2 million, or $(0.03) per basic and diluted share, for the third quarter of 2025.
- As of September 30, 2025, the company's cash balance was $0.9 million, an increase from $0.6 million at December 31, 2024. Additionally, the CEO participated in private placements totaling approximately $900 thousand in 2025 through common stock purchases.
Nov 12, 2025, 2:05 PM
Quarterly earnings call transcripts for ENERGY FOCUS, INC/DE.
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