ENERGY FOCUS, INC/DE(EFOI)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Not in ranked universe
Limited institutional coverage
Quality rankings require at least 50 unique 13-F institutional holders to ensure peer comparisons are meaningful. Only 14 institutional filers currently hold this stock.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
EFOI Stock Analysis & AI Quality Score
AI stock analysis and institutional research for ENERGY FOCUS, INC/DE (EFOI), a Technology sector company. EFOI is not currently included in 13F Pro's AI-ranked quality universe — quality rankings require at least 50 unique 13-f institutional holders to ensure peer comparisons are meaningful. only 14 institutional filers currently hold this stock. Based on the latest XBRL financial filings (Q1 2026), ENERGY FOCUS, INC/DE reports quarterly revenue of $949.0K, net income of $-140.0K, free cash flow of $69.0K. Top institutional holders of EFOI by reported 13-F value include VANGUARD CAPITAL MANAGEMENT, GEODE CAPITAL MANAGEMENT,, VANGUARD FIDUCIARY CO, based on the most recent SEC filings. EFOI trades on the Nasdaq exchange and files with the SEC under CIK 924168. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate EFOI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for ENERGY FOCUS, INC/DE directly from SEC EDGAR.
Revenue
Q1 2026
$949.0K
Net Income
Q1 2026
$-140.0K
Free Cash Flow
Q1 2026
$69.0K
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-26.7% YoYNet Income
+35.8% YoYOperating Income
+44.4% YoYEPS (Diluted)
+43.8% YoYTotal Assets
-9.0% YoYTotal Debt
Op. Cash Flow
+207.9% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $3.6M -26.7% | $4.9M -15.0% | $5.7M -42.0% | $9.9M -41.4% | $16.8M +32.5% | $12.7M |
| Net Income | $-1.0M +35.8% | $-1.6M +62.7% | $-4.3M +45.6% | $-7.9M -31.9% | $-6.0M +18.9% | $-7.4M |
| Operating Income | $-1.0M +44.4% | $-1.8M +53.6% | $-4.0M +54.4% | $-8.7M -113.9% | $-4.1M +41.5% | $-7.0M |
| EPS (Diluted) | $-0.18 +43.8% | $-0.32 | — | — | — | — |
| Total Assets | $5.1M -9.0% | $5.6M -45.0% | $10.2M -29.1% | $14.4M +16.1% | $12.4M +5.6% | $11.7M |
| Total Debt | — | $0.00 -100.0% | $2.2M | — | — | — |
| Operating Cash Flow | $1.4M +207.9% | $-1.3M +46.0% | $-2.4M +75.4% | $-9.8M -298.4% | $-2.5M +63.0% | $-6.6M |
AI Insight: EFOI Financial Trends
EFOI remains severely distressed with persistent $1M quarterly revenue and zero operating profitability; operating cash flow turned positive in Q1 2026 after six quarters of losses.
• Revenue collapsed from $2M in Q2 2024 to $1M by Q3 2024 and has stalled there for eight consecutive quarters through Q1 2026.
• Operating cash flow swung from -$1M in Q4 2025 to $0M in Q1 2026, marking first non-negative quarter in the dataset.
• Net income and operating income remain at break-even or slightly negative across all recent quarters; no path to profitability visible.
⚠ Equity increased to $4M in Q4 2025 and Q1 2026 from $3M; funding source unclear given zero debt and minimal cash generation.
⚠ Sustainability of $1M quarterly revenue uncertain; company generating no meaningful cash and remains operationally insolvent.
AI Insight: EFOI Ratio Trends
Energy Focus swung to near-breakeven in Q1 2026, with operating margin improving to -14.9% from -36.6% in Q4 2025—the strongest quarter in the data.
• Operating margin contracted from -14.9% in Q1 2026 to TTM -23.0%, suggesting Q1 was an outlier; underlying profitability remains deeply negative.
• ROA improved steadily from -31.3% in Q2 2024 to -9.4% in Q1 2026, a 22pp gain over 21 months despite persistent losses.
• Debt/Equity remained at or near 0.00, indicating zero leverage; company relies entirely on equity funding.
⚠ All profitability metrics remain deeply negative; TTM NPM of -23.1% and ROIC of -22.6% signal ongoing cash burn and value destruction.
⚠ Q4 2025 showed sharp deterioration across all metrics; Q1 2026 recovery may not be sustainable given volatile quarterly swings.
Get alerted when EFOI's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for ENERGY FOCUS, INC/DE including:
Top Institutional Holders of EFOI
VANGUARD CAPITAL MANAGEMENT LLC
$84.1K43,332 shGEODE CAPITAL MANAGEMENT, LLC
$69.1K35,595 shVANGUARD FIDUCIARY TRUST CO
$38.3K19,745 shRENAISSANCE TECHNOLOGIES LLC
$19.8K10,300 shBlackRock, Inc.
$6.3K3,296 shTower Research Capital LLC (TRC)
$3.8K1,965 shMORGAN STANLEY
$889.00463 shBankPlus Trust Department
$86.0045 shUBS Group AG
$79.0041 shOSAIC HOLDINGS, INC.
$21.0011 sh
| Fund | Value | Shares |
|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $84.1K | 43,332 |
| GEODE CAPITAL MANAGEMENT, LLC | $69.1K | 35,595 |
| VANGUARD FIDUCIARY TRUST CO | $38.3K | 19,745 |
| RENAISSANCE TECHNOLOGIES LLC | $19.8K | 10,300 |
| BlackRock, Inc. | $6.3K | 3,296 |
| Tower Research Capital LLC (TRC) | $3.8K | 1,965 |
| MORGAN STANLEY | $889.00 | 463 |
| BankPlus Trust Department | $86.00 | 45 |
| UBS Group AG | $79.00 | 41 |
| OSAIC HOLDINGS, INC. | $21.00 | 11 |
More Technology Companies
View all Technology →Put EFOI on your watchlist
Track score changes the day ENERGY FOCUS, INC/DE files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is EFOI a good stock to buy?
13F Pro's AI-powered analysis of ENERGY FOCUS, INC/DE (EFOI) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for EFOI are available on the EFOI stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own EFOI?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling EFOI. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of ENERGY FOCUS, INC/DE's investment landscape.