Eos Energy Enterprises, Inc. (EOSE) Income Statement
EOSE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsEOSE revenue and net income
Where EOSE's revenue goes
2025Each bar shows an amount and its share of revenue. EOSE kept −849.1% of revenue as net income.
EOSE profit margins
EOSE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +631.8% | +85.4% | +249.5% | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
EOSE quarterly EPS vs estimates
Eos Energy Enterprises beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 4, 2026 (estimate $-0.36).
EOSE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $114.2M | $15.6M | $16.4M | $17.9M | $4.6M | $219,000 | $496,000 | $0 |
| Cost of revenue | $258.0M | $98.9M | $89.8M | $153.3M | $46.5M | $5.5M | $8.3M | $9.2M |
| Gross profit | −$143.8M | −$83.3M | −$73.4M | −$135.3M | −$41.9M | −$5.3M | −$7.8M | −$9.2M |
| Research & development | $28.5M | $22.8M | $18.7M | $18.5M | $19.2M | $14.0M | $11.8M | $14.6M |
| Sales, general & admin | $85.1M | $60.0M | $53.6M | $60.6M | $43.0M | $18.9M | $6.6M | $6.7M |
| Total operating expenses | $113.7M | $91.9M | $79.5M | $85.9M | $92.8M | $33.8M | $19.0M | $19.2M |
| Operating income | −$257.5M | −$175.2M | −$152.9M | −$221.3M | −$134.7M | −$39.1M | −$26.8M | −$32.9M |
| Interest income | — | — | — | — | — | — | $2,000 | — |
| Interest expense | $23.3M | $28.2M | $56.2M | $18.8M | $5.2M | $23.8M | $49.7M | $0 |
| Income before taxes | −$969.6M | −$685.8M | −$229.5M | −$229.8M | −$124.2M | −$68.8M | −$79.5M | −$28.5M |
| Income taxes | $24,000 | $21,000 | $31,000 | $51,000 | $18.3M | −$1.6M | $53.6M | — |
| Net income | −$969.6M | −$685.9M | −$229.5M | −$229.8M | −$124.2M | −$67.2M | −$79.5M | −$28.5M |
| EBITDA | −$930.3M | −$156.9M | −$135.0M | −$206.7M | −$115.5M | −$37.5M | −$27.7M | −$30.4M |
| EPS (diluted) | −$6.06 | −$2.47 | −$0.90 | −$3.63 | −$2.20 | −$3.13 | −$0.11 | — |
| Gross margin | −125.9% | −533.5% | −448.3% | −755.1% | −910.9% | −2,415.5% | −1,579.8% | — |
| Operating margin | −225.5% | −1,122.6% | −933.8% | −1,234.4% | −2,930.1% | −17,839.7% | −5,409.7% | — |
| Net margin | −849.1% | −4,394.9% | −1,401.3% | −1,282.2% | −2,701.5% | −30,683.1% | −16,024.8% | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $68.8M | $57.0M | $58.0M | $30.5M | $15.2M | $10.5M | $7.3M | $854,000 | $898,000 | $6.6M | $6.6M | $684,000 |
| Cost of revenue | $117.6M | $101.4M | $112.4M | $64.4M | $46.2M | $35.0M | $30.8M | $25.8M | $14.1M | $28.2M | $30.4M | $21.3M |
| Gross profit | −$48.8M | −$44.4M | −$54.4M | −$33.9M | −$31.0M | −$24.5M | −$23.5M | −$24.9M | −$13.2M | −$21.6M | −$23.7M | −$20.6M |
| Research & development | $10.5M | $10.7M | $7.6M | $6.9M | $7.2M | $6.8M | $5.9M | $7.4M | $4.2M | $5.2M | $5.0M | $3.2M |
| Sales, general & admin | $24.5M | $24.1M | $18.8M | $19.8M | $25.5M | $21.0M | $16.7M | $17.8M | $11.3M | $14.2M | $14.0M | $13.1M |
| Total operating expenses | $35.0M | $34.8M | $26.4M | $27.3M | $32.9M | $28.4M | $28.2M | $28.4M | $15.8M | $19.5M | $18.5M | $17.3M |
| Operating income | −$83.8M | −$79.2M | −$80.8M | −$61.2M | −$63.8M | −$52.9M | −$51.7M | −$53.3M | −$29.0M | −$41.1M | −$42.2M | −$37.8M |
| Interest income | $3.7M | $2.8M | — | $848,000 | $851,000 | $814,000 | — | — | — | — | — | — |
| Interest expense | $12.0M | $12.2M | $6.7M | $4.0M | $6.6M | $5.9M | $5.9M | $5.4M | $8.4M | $9.1M | $8.6M | $9.4M |
| Income before taxes | −$275.7M | $508.9M | −$120.4M | −$641.4M | −$222.9M | $15.1M | −$268.1M | −$342.9M | −$28.2M | −$46.7M | −$41.2M | $14.9M |
| Income taxes | $13,000 | $5,000 | $9,000 | $4,000 | $6,000 | $5,000 | $4,000 | −$16,000 | $8,000 | $25,000 | $6,000 | $13,000 |
| Net income | −$275.7M | $508.9M | −$120.5M | −$641.4M | −$222.9M | $15.1M | −$268.1M | −$342.9M | −$28.2M | −$46.7M | −$41.2M | $14.9M |
| EBITDA | $106.6M | $527.3M | −$108.0M | −$633.6M | −$60.7M | −$49.7M | −$259.3M | −$47.5M | −$20.1M | −$39.9M | −$39.8M | $26.6M |
| EPS (diluted) | −$1.20 | $1.28 | −$0.84 | −$4.91 | −$0.37 | $0.06 | −$1.22 | −$0.47 | −$0.57 | −$0.21 | −$0.16 | $0.50 |
| Gross margin | −71.0% | −78.0% | −93.8% | −111.2% | −203.2% | −234.7% | −324.0% | −2,916.9% | −1,472.5% | −327.6% | −359.2% | −3,008.5% |
| Operating margin | −121.9% | −139.1% | −139.4% | −200.6% | −419.1% | −506.2% | −712.8% | −6,244.3% | −3,233.5% | −623.2% | −639.0% | −5,531.7% |
| Net margin | −400.9% | 893.4% | −207.7% | −2,102.1% | −1,463.2% | 144.7% | −3,696.7% | −40,148.2% | −3,137.2% | −707.6% | −623.4% | 2,183.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in EOSE's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
EOSE financial results
In fiscal year 2025 (ended December 31, 2025), Eos Energy Enterprises reported revenue of $114.2 million, up 631.8% from the year before. It had a net loss of $969.6 million, a net profit margin of −849.1%. Diluted earnings per share came to −$6.06. Over five years revenue grew at an average rate of 249.5% a year.
See the EOSE stock overview for the latest quote and news, or the EOSE chart for price history and technical indicators.
EOSE income statement FAQ
What is Eos Energy Enterprises's annual revenue?
Eos Energy Enterprises reported total revenue of $114.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 631.8% from $15.6 million the previous year.
Is Eos Energy Enterprises profitable?
No. Eos Energy Enterprises reported a net loss of $969.6 million in fiscal 2025, a net profit margin of −849.1%; its operating margin was −225.5%.
What is Eos Energy Enterprises's gross margin?
Eos Energy Enterprises's gross margin was −125.9% in fiscal 2025: for every $100 of revenue, Eos Energy Enterprises kept $-126 after the direct cost of its products and services.
How much does Eos Energy Enterprises spend on research and development?
Eos Energy Enterprises spent $28.5 million on research and development in fiscal 2025, 25.0% of revenue.
How fast is Eos Energy Enterprises growing?
Revenue grew 249.5% a year on average over the last five fiscal years, from $0.2 million to $114.2 million.
What are Eos Energy Enterprises's earnings per share?
Eos Energy Enterprises earned $-6.06 per diluted share in fiscal 2025, compared with $-2.47 a year earlier.
When will Eos Energy Enterprises report its next earnings?
Eos Energy Enterprises is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Eos Energy Enterprises's fiscal year end?
Eos Energy Enterprises's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.