Energy Focus (EFOI) Research & Development (2009 - 2026)
Energy Focus (EFOI) recorded Research & Development of $95,000 in Q3 2026, up 15.9% from $82,000 a year earlier and up 13.1% from the prior quarter.
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Analysis
Energy Focus (EFOI) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Energy Focus' Research & Development came in at $461,000 as of Sep 30, 2026, up 41.8% year-over-year; for FY2025, it was $412,000, down 21.4% from FY2024.
- Annual Research & Development has declined for four straight years, with a five-year compound annual growth rate of -21.9% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $524,000 in FY2024 (-12.7%), $600,000 in FY2023 (-60.0%), $1.5 million in FY2022 (-20.7%) and $1.89 million in FY2021 (+33.6%).
- Quarterly Research & Development has ranged from $50,000 in Q1 2025 to $503,000 in Q1 2022 over the past five years.
- On a year-over-year basis, Research & Development has increased for four consecutive quarters, with an average decline of 2.2% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 73.1% in Q4 2025, against a decline of 69.4% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $84,000 (Q2 2026), $76,000 (Q1 2026) and $206,000 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.62 Bn | 245.93 Bn | 7.35 Bn | 596.00 Mn |
| 2 | Amphenol | 193.27 Bn | 188.11 Bn | 4.02 Bn | - |
| 3 | Deere | 181.55 Bn | 190.32 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 137.15 Bn | 134.13 Bn | 3.11 Bn | 238.00 Mn |
| 5 | Parker-Hannifin | 120.49 Bn | 118.48 Bn | 2.26 Bn | - |
| 6 | 3M | 94.89 Bn | 77.30 Bn | 2.78 Bn | 304.00 Mn |
| 7 | Emerson Electric | 92.74 Bn | 85.23 Bn | 2.74 Bn | - |
| 8 | Illinois Tool Works | 81.69 Bn | 78.37 Bn | 1.91 Bn | - |
| 9 | Vertiv Holdings | 77.79 Bn | 66.64 Bn | 1.64 Bn | - |
| 10 | Energy Focus | 28.28 Mn | 21.66 Mn | 985,000.00 | 95,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 95,000.00 |
| Jun 30, 2026 | 84,000.00 |
| Mar 31, 2026 | 76,000.00 |
| Dec 31, 2025 | 206,000.00 |
| Sep 30, 2025 | 82,000.00 |
| Jun 30, 2025 | 74,000.00 |
| Mar 31, 2025 | 50,000.00 |
| Dec 31, 2024 | 119,000.00 |
| Sep 30, 2024 | 137,000.00 |
| Jun 30, 2024 | 140,000.00 |
| Mar 31, 2024 | 128,000.00 |
| Dec 31, 2023 | 157,000.00 |
| Sep 30, 2023 | 142,000.00 |
| Jun 30, 2023 | 147,000.00 |
| Mar 31, 2023 | 154,000.00 |
| Dec 31, 2022 | 278,000.00 |
| Sep 30, 2022 | 366,000.00 |
| Jun 30, 2022 | 353,000.00 |
| Mar 31, 2022 | 503,000.00 |
| Dec 31, 2021 | 464,000.00 |
API Access
Energy Focus Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=EFOI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "EFOI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=EFOI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();