Eos Energy Enterprises

Eos Energy Enterprises (EOSE) Q1 2026 Earnings

Reported May 13, 2026 at 6:36 AM ET · SEC Source

Q1 26 EPS

$0.12

BEAT +150.89%

Est. $-0.24

Q1 26 Revenue

$57.0M

BEAT +1.00%

Est. $56.4M

Did EOSE Beat Earnings? Q1 2026 Results

Eos Energy Enterprises posted a striking quarter in Q1 2026, reporting revenue of $56.96 million alongside earnings per share of $0.12, as the company's manufacturing scale-up translated into numbers that validated its long-argued production thesis. … Read more Eos Energy Enterprises posted a striking quarter in Q1 2026, reporting revenue of $56.96 million alongside earnings per share of $0.12, as the company's manufacturing scale-up translated into numbers that validated its long-argued production thesis. The 445% year-over-year revenue surge was driven primarily by full battery module automation and a 5.7x increase in cube deliveries at the Thorn Hill facility, with the last two quarters combined now exceeding all of full-year 2025 revenue. The headline profitability figure, GAAP net income of $508.88 million, was almost entirely attributable to non-cash fair value adjustments on warrants and derivatives rather than operational performance; operating loss remained a substantial $79.31 million. The quarter's most consequential development was the formation of Frontier Power USA, a joint venture with Cerberus Capital Management anchored by $100 million in Cerberus equity and a 2 GWh firm capacity reservation, helping expand the commercial pipeline to $24.30 billion. Eos reaffirmed full-year 2026 revenue guidance of $300 million to $400 million.

Key Takeaways

  • 445% year-over-year revenue increase driven by full battery module automation and 5.7x higher cube deliveries
  • Record quarterly production performance for shipments, battery output, and bipolar manufacturing
  • 157 percentage-point year-over-year improvement in gross margin and 16-point sequential improvement
  • 294 percentage-point year-over-year improvement in adjusted EBITDA margin
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EOSE YoY Financials

Q1 2026 vs Q1 2025, source: SEC Filings

“The market is telling us what it needs: long-duration storage that is safe, American-made, and financeable at scale. We have the technology, the manufacturing, the controls, and now, with Frontier Power USA, the planned capital to accelerate project deployment.”

— Joe Mastrangelo, Q1 2026 Earnings Press Release