Companies /Industrials

Eos Energy Enterprises Inc - Class A

NASDAQ: EOSE Electrical Equipment & Parts
$3.88
▲ $0.38 (+10.86%) today
Markets closed · 12:51am ET

Q3 2025 Earnings

Reported Nov 5, 2025, 4:10pm ET · SEC source
$-2.77
Miss −1,878.57%
EPS · est. $-0.14
$30.5M
Miss −22.84%
Revenue · est. $39.5M
−4.1%
Trailing market
EOSE vs S&P since report
1 quarter
Consecutive EPS beats

Market Reaction

% change · around the report
0+5%+10%Nov 5Nov 6report 4:10pm ETearnings−0.7%+4.6%
0+5%+10%Nov 5Nov 6earnings−0.7%+4.6%
EOSE +4.6%S&P 500 −0.7%
0+5%+10%Nov 5Nov 6report 4:10pm ETearnings−1.4%+4.6%
0+5%+10%Nov 5Nov 6earnings−1.4%+4.6%
EOSE +4.6%NASDAQ −1.4%
0+20%+40%Nov 4Nov 13report 4:10pm ETearnings−0.8%+4.7%
0+20%+40%Nov 4Nov 13earnings−0.8%+4.7%
EOSE +4.7%S&P 500 −0.8%
0+20%+40%Nov 4Nov 13report 4:10pm ETearnings−2.4%+4.7%
0+20%+40%Nov 4Nov 13earnings−2.4%+4.7%
EOSE +4.7%NASDAQ −2.4%
+2.89%
Day of report
+19.42%
Next session
−0.56%
One week
−2.22%
30 days

S&P 500 over the same 30 days: +1.90%.

Did EOSE Beat Earnings? Q3 2025 Results

Eos Energy Enterprises delivered a deeply disappointing third quarter, missing on both the top and bottom lines as Wall Street digested results that were far messier than the headline revenue growth implied. The Pittsburgh-based zinc battery manufacturer posted revenue of $30.51 million for Q3 2025, falling 22.84% short of the $39.55 million consensus, though the figure still represented a staggering 3,472.8% increase year-over-year from just $854,000 in Q3 2024. The earnings picture was far more jarring: Eos reported a loss of $2.77 per share against the $0.14 consensus estimate, a miss of nearly 1,879%, driven overwhelmingly by a $572.30 million non-cash hit from mark-to-market adjustments on warrants and convertible notes tied to a 122% surge in the company's stock price during the quarter. As <a href="https://247wallst.com/investing/2025/10/28/takeaways-from-nextera-energy-nee-q3-earnings-beat/">broader energy sector peers</a> demonstrate the rewards of operational scale, Eos reaffirmed full-year 2025 guidance of $150 million to $160 million, contingent on more than tripling Q4 production output relative to Q3.

Key Takeaways
  • Record quarterly revenue of $30.5 million driven by improved production efficiencies and increased production volumes
  • 92-basis-point gross margin improvement driven by increased production volumes and improved project margins
  • Commercial opportunity pipeline grew 21% quarter-over-quarter to $22.6 billion representing 91 GWh
  • Data center expansion projects now account for approximately 22% of total pipeline

“We are in the midst of an energy super-cycle as the need for reliable, abundant energy both in the United States and globally continues to accelerate. Achieving forecasted AI infrastructure growth requires baseload energy storage to support grid resilience, energy efficiency, and asset utilization. Whether coupled with fossil fuel generation, renewables, or nuclear, Eos is a flexible, commercially ready, American made solution that supports the nation's growing energy requirements.”

Eos Energy Enterprises CEO, on the earnings call

Forward Guidance & Outlook

Eos reaffirmed full-year 2025 revenue guidance in the range of $150 million to $160 million, consistent with the low end of its previously forecasted range. The company plans to ramp production to an annualized rate of 2 GWh per year by year-end 2025 and expects to more than triple its output in Q4 2025. Subassembly automation equipment is fully on site at Turtle Creek with 88% of bipolar lines in commercial production. A second manufacturing facility in Marshall Township is expected to begin Line 2 production by mid-2026. The commercial opportunity pipeline stands at $22.6 billion (91 GWh), up 21% quarter-over-quarter and 59% year-over-year.

EOSE YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$-4,000,000,000$-2,000,000,000$0$854,001$30.5MRevenue$-53,165,648$-33,925,000Gross Profit$-71,864,069$-61,221,000Operating Income$-4,960,502,707$-641,393,000Net Income
$-4,000,000,000$-2,000,000,000$0RevenueGross ProfitOperating IncomeNet Income

Figures from SEC filings and company reports. Not investment advice.