Energy Focus Q2 FY26 net loss widens to $0.9 million; net sales more than doubled to $3.7 million year over year - EFOI News | RalliesEnergy Focus Q2 FY26 net loss widens to $0.9 million; net sales more than doubled to $3.7 million year over year
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EFOI• Q2 FY26 results
- Energy Focus posted a GAAP net loss of $0.9 million, or $(0.14) a share, for Q2 2026, widening from the year-ago quarter.
- Net sales rose to $3.7 million, up 228% year over year, on higher commercial ESS shipments to a new customer in Australia.
- Gross margin swung to (6.8)% from 12.9% a year earlier, driven by higher inventory reserves.
- Operating loss widened to $0.9 million from $0.2 million, attributed to higher allowance for credit losses and business travel expenses.
- Cash totaled $1.1 million at June 30, 2026; the company also raised about $250,000 in a May private placement at $3.8 a share.