15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $4M | -$1M | 18.9% | -28.8% | -24.3% | -19.6% | -$1M | — | $1M |
| 2024 | $5M | -$2M | 14.4% | -37.9% | -54.3% | -28.2% | -$1M | — | $565000 |
| 2023 | $6M | -$4M | 3.9% | -69.5% | -140.7% | -42.1% | -$3M | — | $2M |
| 2022 | $6M | -$10M | -5.3% | -155.7% | 2154.9% | -121.0% | -$7M | — | $52000 |
| 2021 | $10M | -$8M | 17.2% | -88.3% | -127.0% | -54.8% | -$10M | — | $3M |
| 2020 | $17M | -$6M | 30.8% | -24.2% | -140.6% | -48.2% | -$3M | — | $2M |
| 2019 | $13M | -$7M | 15.5% | -54.7% | -184.5% | -62.8% | -$7M | — | $350000 |
| 2018 | $18M | -$9M | 18.8% | -50.2% | -82.4% | -49.3% | -$7M | — | $6M |
| 2017 | $20M | -$11M | 24.3% | -56.8% | -58.4% | -50.9% | -$6M | — | $11M |
| 2016 | $31M | -$17M | 24.8% | -54.3% | -56.4% | -48.3% | — | — | $17M |
| 2015 | — | $9M | — | — | 19.4% | 15.8% | — | $0 | $35M |
| 2014 | — | -$6M | — | — | -59.8% | -30.0% | -$2M | $70000 | $7M |
| 2013 | — | -$2M | — | — | -80.7% | -18.4% | -$7M | $4M | $2M |
| 2012 | — | -$6M | — | — | -692.0% | -39.8% | -$7M | $3M | $788000 |
| 2011 | — | -$6M | — | — | -412.5% | -43.9% | -$3M | $2M | $2M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $4M | -$877000 | -6.8% | -23.2% | -26.2% | -10.8% | -$819000 | — | $1M |
| Mar '26 | $949000 | -$140000 | 23.3% | -14.9% | -3.5% | -2.4% | $69000 | — | $1M |
| Dec '25 | $975000 | -$356000 | 18.9% | -36.6% | -8.7% | -7.0% | -$862000 | — | $1M |
| Sep '25 | $826000 | -$172000 | 17.8% | -21.2% | -5.5% | -3.3% | -$104000 | — | $897000 |
| Jun '25 | $1M | -$231000 | 12.9% | -19.6% | -8.2% | -4.8% | -$215000 | — | $499000 |
| Mar '25 | $616000 | -$268000 | 31.5% | -43.5% | -9.4% | -4.9% | -$277000 | — | $488000 |
| Dec '24 | $1M | $3M | 20.7% | -22.5% | 99.1% | 51.5% | $2M | — | $565000 |
| Sep '24 | $1M | -$316000 | 15.7% | -33.3% | -9.9% | -4.9% | -$286000 | — | $819000 |
| Jun '24 | $2M | -$554000 | 8.1% | -35.9% | -15.7% | -7.8% | -$718000 | — | $1M |
| Mar '24 | $833000 | -$418000 | 14.4% | -71.9% | -13.0% | -5.6% | -$58000 | — | $972000 |
| Dec '23 | $2M | $8M | 3.1% | -32.0% | 253.8% | 75.9% | $5M | — | $2M |
| Sep '23 | $1M | -$944000 | -3.6% | -67.4% | -24.3% | -10.0% | -$1M | — | $2M |
| Jun '23 | $1M | -$1M | 17.0% | -104.3% | -37.7% | -12.4% | -$152000 | — | $1M |
| Mar '23 | $930000 | -$1M | 1.8% | -129.4% | -45.1% | -15.5% | -$1M | — | $301000 |
| Dec '22 | $663000 | -$2M | -35.9% | -305.3% | 488.7% | -27.4% | -$459000 | — | $52000 |
| Sep '22 | $2M | -$3M | -9.2% | -136.5% | -177.5% | -25.9% | -$900000 | — | $41000 |
| Jun '22 | $1M | -$2M | 7.4% | -149.2% | -59.6% | -19.9% | -$3M | — | $938000 |
| Mar '22 | $2M | -$3M | -1.3% | -128.9% | -82.2% | -22.5% | -$3M | — | $225000 |
| Dec '21 | $2M | -$3M | 7.9% | -98.0% | -42.4% | -18.3% | -$1M | — | $3M |
| Sep '21 | $3M | -$1M | 20.5% | -65.8% | -25.3% | -8.7% | -$2M | — | $381000 |
How the market has priced EFOI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, ENERGY FOCUS, INC/DE's revenue has declined 26.7% per year. These are computed facts, not advice.
As of FY2025, ENERGY FOCUS, INC/DE reported — of total debt against $1M of cash.
In FY2025, gross margin was 18.9%, operating margin -28.8%, and net margin -28.1%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.