Logo

EOSEW

Eos Energy Enterprises, Inc.

EOSEW

Eos Energy Enterprises, Inc. • NASDAQ
$1.47 ▼ -34.96% (-0.79)
Market Cap $423.22 M
52w High $8.31
52w Low $0.13
Dividend Yield 0%
P/E 0
Volume 225.13K
Outstanding Shares 287.91M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $30.512M ▲ $27.296M ▼ $-641.393M ▼ -2.102K% ▼ $-4.91 ▼ $-634.033M ▼
Q2-2025 $15.236M ▲ $32.894M ▲ $-222.937M ▼ -1.463K% ▼ $-1.05 ▼ $-60.722M ▼
Q1-2025 $10.457M ▲ $28.393M ▲ $15.136M ▲ 144.745% ▲ $0.42 ▲ $-49.705M ▲
Q4-2024 $7.253M ▲ $28.201M ▼ $-268.124M ▲ -3.697K% ▲ $-2.22 ▼ $-259.314M ▼
Q3-2024 $854K $28.416M $-342.866M -40.148K% $-1.77 $-47.455M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $58.733M ▼ $328.21M ▼ $1.425B ▼ $-1.097B ▲
Q2-2025 $120.225M ▲ $360.995M ▲ $1.464B ▲ $-1.103B ▼
Q1-2025 $82.553M ▲ $263.283M ▲ $1.205B ▼ $-942.183M ▲
Q4-2024 $74.292M ▲ $260.318M ▲ $1.331B ▲ $-1.07B ▼
Q3-2024 $23.015M $216.841M $790.597M $-573.756M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-1.332B ▼ $-65.88M ▲ $-17.757M ▼ $27.259M ▼ $-56.376M ▼ $-82.725M ▼
Q2-2025 $-222.937M ▼ $-66.122M ▼ $-7.041M ▼ $144.658M ▲ $71.481M ▲ $-73.163M ▼
Q1-2025 $15.136M ▲ $-28.924M ▲ $-4.918M ▲ $42.162M ▼ $8.332M ▼ $-33.842M ▲
Q4-2024 $-268.124M ▲ $-42.684M ▲ $-13.124M ▼ $128.549M ▲ $72.722M ▲ $-55.808M ▼
Q3-2024 $-342.866M $-44.445M $-9.763M $27.261M $-26.939M $-54.208M

Revenue by Products

Product Q2-2025
Reportable Segment
Reportable Segment
 $20.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Eos is still essentially a pre‑commercial, development‑stage business. Revenue has been minimal for several years, while operating and net losses have been large and persistent. The company’s cost of building and deploying its technology is currently far above what it earns on sales, leading to deeply negative margins. Losses have generally grown over time, which signals that the company is investing heavily in scaling and development but has not yet reached an economic level of production or demand that spreads its fixed costs. Profitability appears distant and highly dependent on successful commercialization at much larger scale.

Balance Sheet

Balance Sheet The balance sheet shows a company under financial strain. Total assets are modest and cash is limited relative to the size of ongoing losses. Debt has been built up over the years and now sits above the company’s equity value, which has turned significantly negative. Negative equity means obligations to creditors and other liabilities exceed the accounting value of assets, a sign of financial vulnerability. Overall, the company’s capital structure is highly leveraged, leaving it reliant on friendly capital markets, government support, or strategic partners to sustain operations and growth.

Cash Flow

Cash Flow Cash flow has been consistently negative, both from day‑to‑day operations and after investment spending. The core business consumes cash each year, and even though spending on equipment and facilities is not extreme, it adds to the overall burn. There is no clear sign yet of approaching breakeven on a cash basis. This pattern is typical of early‑stage, hardware‑intensive clean‑tech companies, but it also means the business depends on repeated external financing to fund its roadmap and working capital until its technology is deployed at scale.

Competitive Edge

Competitive Edge Competitively, Eos is differentiated by its zinc‑based, water‑electrolyte battery designed for long‑duration energy storage, which aims to be safer, more sustainable, and better suited for multi‑hour grid storage than mainstream lithium‑ion. Its domestic supply chain, U.S. manufacturing footprint, and eligibility for federal incentives create a policy and logistics advantage, and a sizable patent portfolio provides some protection around its design. DOE backing is an important external validation and potential funding bridge. However, the company competes in a market dominated by large lithium‑ion players with deep scale advantages and rapidly falling costs. Customer adoption cycles for new grid technologies are slow and conservative, and Eos must prove long‑term reliability, bankability, and total cost of ownership to win projects against better‑capitalized rivals.

Innovation and R&D

Innovation and R&D Innovation is the clear strength of Eos. Its proprietary Znyth and next‑generation Z3 batteries, focus on long‑duration storage, and U.S.-developed system software (DawnOS) all point to a robust R&D engine aimed at solving real grid challenges. The use of abundant, non‑toxic materials and a bipolar design reflects thoughtful engineering around safety, lifecycle, and sustainability. The roadmap includes denser, cheaper batteries, expanded manufacturing capacity, and smarter software with more automation and analytics. At the same time, heavy R&D and industrialization carry technical and execution risk: performance and cost targets must be reached in the field, not just in the lab, and delays or setbacks could strain an already tight financial position.

Summary

Eos Energy is an early‑stage, high‑innovation energy storage company with a very ambitious plan and a fragile financial foundation. On one side, it has a distinctive technology aimed at a fast‑growing need—long‑duration grid storage—backed by patents, domestic manufacturing, and notable government support. On the other side, the business today generates little revenue, carries substantial and growing losses, has negative equity, and depends heavily on outside funding to continue operating and scaling. The company’s future will largely hinge on its ability to industrialize its zinc‑based systems at competitive costs, convert a growing project pipeline into profitable deployments, and manage financing and execution risks in a capital‑intensive, fiercely competitive sector.