Energy Focus Q1 net sales up 54.1% to $0.9 million; net loss narrows to $0.1 million
Energy Focus reported first quarter 2026 results for the period ended March 31, 2026, with net sales of $0.9 million, up 54.1% from $0.6 million a year earlier. The net loss narrowed to $0.1 million, or $(0.02) per share, from $0.3 million, or $(0.05) per share, while gross profit margin fell to 23.3% from 31.5%. The company said its planned Japan expansion depends on securing additional capital, and it cited current liquidity constraints.
Key points
- Net sales of $0.9 million rose 54.1% year over year; military maritime product sales rose 52.1% and commercial sales rose 56.7%.
- Gross profit margin decreased to 23.3% from 31.5% in the first quarter of 2025, mainly due to higher inventory reserves and tariff impacts.
- Net loss was $0.1 million, or $(0.02) per share, compared with $0.3 million, or $(0.05) per share, a year earlier.
- Cash was $1.1 million at March 31, 2026, and the company said its initiatives depend on securing additional capital.
The filing
Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.