EOSE · Eos Energy Enterprises, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $56.96M | - | $30.51M | $15.24M | $10.46M | - | $854.0K | $898.0K | $6.60M | - |
| Cost of Revenue | $101.39M | - | $64.44M | $46.19M | $35.00M | - | $25.76M | $14.12M | $28.23M | - |
| Gross Profit | ($44.43M) | - | ($33.92M) | ($13.22M) | ($21.63M) | - | ($24.91M) | ($13.22M) | ($21.63M) | - |
| R&D | $10.72M | - | $6.92M | $7.20M | $6.84M | - | $7.43M | $4.25M | $5.20M | - |
| SG&A | $24.09M | - | $17.80M | $25.49M | $14.24M | - | $17.80M | $11.29M | $14.24M | - |
| Total Operating Expenses | $34.88M | - | $27.30M | $32.89M | $28.39M | - | $54.18M | $29.93M | $47.74M | - |
| D&A | $5.39M | - | $2.69M | $1.37M | $2.68M | - | $2.67M | $1.35M | $1.20M | - |
| Operating Income | ($79.31M) | - | ($61.22M) | ($63.85M) | ($52.93M) | - | ($53.33M) | ($29.04M) | ($41.13M) | - |
| Interest Expense | $12.24M | - | $5.44M | $8.56M | $9.26M | - | - | - | - | - |
| Income Tax | $5.0K | - | $4.0K | $6.0K | $5.0K | - | ($16.0K) | $8.0K | $25.0K | - |
| Net Income | $508.88M | - | ($641.39M) | ($222.94M) | $15.14M | - | ($342.87M) | ($28.17M) | ($46.71M) | - |
| EPS - Basic | $2.43 | - | ($4.91) | ($1.05) | $0.42 | - | ($1.77) | ($0.25) | ($0.23) | - |
| EPS - Diluted | $0.12 | - | ($4.91) | ($1.05) | ($0.20) | - | ($1.77) | ($0.25) | ($0.23) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $410.66M | $567.99M | $58.73M | $120.22M | $82.55M | $74.29M | $23.02M | $52.45M | $31.77M | $69.47M |
| Accounts Receivable | $3.83M | $6.78M | $4.82M | $3.25M | $7.14M | $3.04M | $3.20M | $4.56M | $3.95M | $3.39M |
| Inventory | $58.74M | $59.03M | $47.55M | $41.13M | $40.31M | $32.83M | $25.91M | $17.84M | $14.39M | $17.07M |
| Accounts Payable | $77.08M | $99.92M | $51.64M | $39.73M | $24.29M | $16.72M | $24.34M | $24.11M | $18.34M | $20.54M |
| Current Assets | $589.97M | $708.48M | $188.74M | $232.28M | $185.50M | $179.91M | $149.21M | $183.55M | $87.02M | $122.33M |
| Total Assets | $799.32M | $885.20M | $328.21M | $361.00M | $263.28M | $260.32M | $216.84M | $248.78M | $155.68M | $186.49M |
| Current Liabilities | $125.31M | $143.54M | $103.35M | $104.25M | $90.69M | $64.97M | $75.13M | $68.49M | $64.92M | $60.87M |
| Long-term Debt | $619.52M | $812.89M | $447.73M | $444.20M | $324.04M | $314.88M | $184.89M | $150.24M | $202.17M | $200.53M |
| Total Liabilities | $1.09B | $1.76B | $1.43B | $931.69M | $694.58M | $842.09M | $634.53M | $399.48M | $303.36M | $297.29M |
| Stockholders' Equity | ($868.44M) | ($2.24B) | ($2.32B) | ($1.10B) | ($942.18M) | ($1.07B) | ($573.76M) | ($190.82M) | ($147.67M) | ($110.80M) |
| Retained Earnings | ($2.03B) | ($2.54B) | ($2.42B) | ($1.77B) | ($1.55B) | ($1.56B) | ($1.29B) | ($950.73M) | ($922.55M) | ($875.85M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($119.73M) | - | - | - | ($28.92M) | - | - | - | ($40.47M) | - |
| Investing Cash Flow | ($35.14M) | - | - | - | ($4.92M) | - | - | - | ($4.04M) | - |
| Financing Cash Flow | $2.67M | - | - | - | $42.16M | - | - | - | $6.11M | - |
| CapEx | $35.06M | - | - | - | $4.92M | - | - | - | $4.04M | - |
| Free Cash Flow | ($154.80M) | - | - | - | ($33.84M) | - | - | - | ($44.52M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | -78.0% | - | -111.2% | -86.8% | -206.8% | - | -2916.9% | -1472.5% | -327.6% | - |
| Operating margin | -139.2% | - | -200.6% | -419.1% | -506.2% | - | -6244.3% | -3233.5% | -623.2% | - |
| EBITDA margin | -129.8% | - | -191.8% | -410.1% | -480.6% | - | -5931.7% | -3083.3% | -605.0% | - |
| Net margin | 893.4% | - | -2102.1% | -1463.2% | 144.7% | - | -40148.2% | -3137.2% | -707.6% | - |
| Free cash flow margin | -271.8% | - | - | - | -323.6% | - | - | - | -674.4% | - |
| FCF / Net income | -0.30 | - | - | - | -2.24 | - | - | - | 0.95 | - |
| R&D / Revenue | 18.8% | - | 22.7% | 47.3% | 65.4% | - | 869.8% | 473.3% | 78.8% | - |
| SG&A / Revenue | 42.3% | - | 58.3% | 167.3% | 136.2% | - | 2083.8% | 1257.6% | 215.8% | - |
| Effective tax rate | 0.0% | - | - | - | 0.0% | - | - | - | - | - |
| Return on assets | 63.7% | - | -195.4% | -61.8% | 5.7% | - | -158.1% | -11.3% | -30.0% | - |
| Return on equity | -58.6% | - | 27.6% | 20.2% | -1.6% | - | 59.8% | 14.8% | 31.6% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | -59.6% | - |
| Liquidity | ||||||||||
| Current ratio | 4.71 | 4.94 | 1.83 | 2.23 | 2.05 | 2.77 | 1.99 | 2.68 | 1.34 | 2.01 |
| Quick ratio | 4.24 | 4.52 | 1.37 | 1.83 | 1.60 | 2.26 | 1.64 | 2.42 | 1.12 | 1.73 |
| Cash ratio | 3.28 | 3.96 | 0.57 | 1.15 | 0.91 | 1.14 | 0.31 | 0.77 | 0.49 | 1.14 |
| Leverage | ||||||||||
| Debt / Equity | -0.71 | -0.36 | -0.19 | -0.40 | -0.34 | -0.29 | -0.32 | -0.79 | -1.37 | -1.81 |
| Debt / Assets | 0.78 | 0.92 | 1.36 | 1.23 | 1.23 | 1.21 | 0.85 | 0.60 | 1.30 | 1.08 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -6.5x | - | -11.3x | -7.5x | -5.7x | - | - | - | - | - |
| Equity multiplier | -0.92 | -0.40 | -0.14 | -0.33 | -0.28 | -0.24 | -0.38 | -1.30 | -1.05 | -1.68 |
| Liabilities / Assets | 1.36 | 1.99 | 4.34 | 2.58 | 2.64 | 3.23 | 2.93 | 1.61 | 1.95 | 1.59 |
| Efficiency | ||||||||||
| Asset turnover | 0.07 | - | 0.09 | 0.04 | 0.04 | - | 0.00 | 0.00 | 0.04 | - |
| Inventory turnover | 1.73 | - | 1.36 | 1.12 | 0.87 | - | 0.99 | 0.79 | 1.96 | - |
| Days sales outstanding | 25d | - | 58d | 78d | 249d | - | 1366d | 1854d | 219d | - |
| Days inventory outstanding | 211d | - | 269d | 325d | 420d | - | 367d | 461d | 186d | - |
| Days payable outstanding | 277d | - | 293d | 314d | 253d | - | 345d | 623d | 237d | - |
| Cash conversion cycle | -41d | - | 34d | 89d | 417d | - | 1389d | 1692d | 168d | - |
| Valuation | ||||||||||
| P / E | 41.3x | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 47.4x | - | 101.4x | 79.9x | 157.7x | - | 754.3x | 298.6x | 31.4x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 444.7% | - | 3472.8% | 1596.7% | 58.4% | - | 24.9% | 260.6% | -25.3% | - |
| Revenue CAGR (3y) | 86.1% | - | 71.3% | 37.2% | 46.9% | - | 190.0% | 13.6% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -105.4% | - | -36.2% | 0.0% | 0.0% | - | -21.1% | -20.2% | -19.5% | - |
| Operating income growth (YoY) | -49.8% | - | -14.8% | -119.9% | -28.7% | - | -40.9% | 16.1% | -7.5% | - |
| Net income growth (YoY) | 3262.1% | - | -87.1% | -691.3% | - | - | - | 78.6% | 34.8% | - |
| EPS growth (YoY) | - | - | -177.4% | -320.0% | 13.0% | - | -3440.0% | 77.7% | 72.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -357.4% | - | - | - | 24.0% | - | - | - | -33.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 7.8% | -109.1% | -304.4% | -478.0% | -538.0% | -866.1% | -347.1% | 16.9% | 15.9% | 16.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$114.20M totalReportable Segment$114.20M · 100.0%
Product / service
$114.20M totalProduct$111.98M · 98.1%
Service$2.22M · 1.9%
Geographic
$114.20M totalUS$92.69M · 81.2%
GB$21.52M · 18.8%
Peer comparison
Same SIC group: Miscellaneous Electrical Machinery, Equipment & Supplies
Comparing Eos Energy Enterprises against the 5 most active filers in the same SIC group.