Energy Focus (EFOI) reported second-quarter 2026 net sales of $3.7 million, up 228.0% from $1.1 million in the year-earlier quarter. The company cited initial Energy Storage Systems shipments to a new customer in Australia, along with increased military maritime market product sales.
The Solon, Ohio-based company posted a second-quarter net loss of $0.9 million, or $0.14 per basic and diluted share, compared with a net loss of $0.2 million, or $0.04 per basic and diluted share, in the second quarter of 2025.
- Commercial product sales were $2.254 million in the second quarter, while MMM product sales were $1.491 million.
- Gross margin was negative 6.8%, compared with 12.9% in the prior-year quarter.
- Operating loss was $0.9 million, compared with $0.2 million a year earlier.
- Cash was $1.1 million as of June 30, 2026, unchanged from Dec. 31, 2025.
- Energy Focus raised about $250,000 in gross proceeds through a May 2026 private placement with Euka Power Japan Co., Ltd.
$EFOI Hedge Fund Activity
We have seen 5 institutional investors add shares of $EFOI stock to their portfolio, and 5 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HECK CAPITAL ADVISORS, LLC added 35,297 shares (+inf%) to their portfolio in Q2 2026, for an estimated $116,480
- DRW SECURITIES, LLC removed 16,099 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $30,910
- STATE STREET CORP added 13,816 shares (+inf%) to their portfolio in Q2 2026, for an estimated $45,592
- GEODE CAPITAL MANAGEMENT, LLC added 2,263 shares (+6.8%) to their portfolio in Q1 2026, for an estimated $4,344
- CITIGROUP INC removed 1,597 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $3,066
- RENAISSANCE TECHNOLOGIES LLC removed 1,200 shares (-10.4%) from their portfolio in Q1 2026, for an estimated $2,304
- TOWER RESEARCH CAPITAL LLC (TRC) removed 984 shares (-33.4%) from their portfolio in Q1 2026, for an estimated $1,889
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
