Eos Energy Enterprises

Eos Energy Enterprises (EOSE) Q1 2025 Earnings

Reported May 6, 2025 at 4:13 PM ET · SEC Source

Q1 25 EPS

$-0.20

MISS 25.00%

Est. $-0.16

Q1 25 Revenue

$10.5M

MISS 11.14%

Est. $11.8M

vs S&P Since Q1 25

-41.0%

TRAILING MARKET

EOSE -8.2% vs S&P +32.7%

Market Reaction

Did EOSE Beat Earnings? Q1 2025 Results

Eos Energy Enterprises delivered a mixed quarter in Q1 2025, posting record revenue while falling short of Wall Street expectations on both the top and bottom lines. The company generated $10.46 million in revenue, up 58.4% year-over-year but trailin… Read more Eos Energy Enterprises delivered a mixed quarter in Q1 2025, posting record revenue while falling short of Wall Street expectations on both the top and bottom lines. The company generated $10.46 million in revenue, up 58.4% year-over-year but trailing the $11.77 million consensus estimate by 11.14%, as a loss per share of $0.20 missed the $0.16 consensus by 25.00%. The headline revenue milestone, the highest in company history, was driven by increased customer deliveries of its Znyth zinc-based long-duration energy storage systems, with year-to-date shipments already exceeding all of 2024's customer shipments combined. Despite the revenue growth, Eos remains deeply unprofitable, posting an adjusted EBITDA loss of $43.24 million, wider than the $36.86 million loss a year ago. Looking ahead, the company reaffirmed full-year 2025 revenue guidance of $150 million to $190 million, anchored by the staged rollout of sub-assembly automation on its first manufacturing line, which is expected to be fully implemented in early Q3 2025.

Key Takeaways

  • Increased customer deliveries driving 58% YoY and 44% QoQ revenue growth
  • Lower Z3 product costs contributing to gross margin improvement
  • Production records set across all key manufacturing processes
  • Year-to-date shipments surpassing total 2024 shipments
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EOSE YoY Financials

Q1 2025 vs Q1 2024, source: SEC Filings

“The Eos team delivered solid operating results. We are starting to see the product cost-out benefits combined with higher manufacturing output.”

— Joe Mastrangelo, Q1 2025 Earnings Press Release