Earnings ·
Energy Focus reported second quarter 2026 financial results for the period ended June 30, 2026
EFOIEnergy Focus, Inc
Energy Focus reported second quarter 2026 financial results for the period ended June 30, 2026. Net sales increased 228% to $3.7 million, driven by growth in military maritime and commercial segments, including initial shipments to a new Australian customer. The company recorded a net loss of $0.9 million, or $(0.14) per share, compared to a $0.2 million loss in the prior year period. Gross profit margin contracted to negative 6.8% from 12.9% in the previous year, primarily due to increased inventory reserves. Cash balances stood at $1.1 million as of June 30, 2026. Energy Focus operates in the energy efficiency sector, manufacturing LED lighting and control systems for commercial and military maritime markets.