Eos Energy Enterprises Inc
NASDAQ:EOSE
Eos Energy Enterprises Inc
Eos Energy Enterprises, Inc. designs, manufactures, and deploy safe, scalable, and sustainable, low total cost of ownership battery storage solutions for the electricity industry. The company is headquartered in Edison, New Jersey and currently employs 251 full-time employees. The company went IPO on 2020-05-22. The Company’s flagship technology is the Eos Znyth aqueous zinc battery, the core of the Eos DC energy storage system (the Eos Znyth system), with both front-of-the-meter and behind-the-meter applications, particularly those with a range of three to twelve- hour use cases. The Eos Znyth system is a non-lithium-ion stationary battery energy storage system (BESS). The Eos Znyth system stores energy that the renewable source produces and discharge it when the source is not producing energy. Its Znyth battery technology, which employs a zinc-halide oxidation/reduction cycle packaged in a sealed, flooded, bipolar battery. The Eos Znyth system is designed to meet a range of requirements in the battery storage industry, including large grid-scale energy storage projects, large and small solar storage projects, commercial or industrial projects and among others.
Eos Energy Enterprises, Inc. designs, manufactures, and deploy safe, scalable, and sustainable, low total cost of ownership battery storage solutions for the electricity industry. The company is headquartered in Edison, New Jersey and currently employs 251 full-time employees. The company went IPO on 2020-05-22. The Company’s flagship technology is the Eos Znyth aqueous zinc battery, the core of the Eos DC energy storage system (the Eos Znyth system), with both front-of-the-meter and behind-the-meter applications, particularly those with a range of three to twelve- hour use cases. The Eos Znyth system is a non-lithium-ion stationary battery energy storage system (BESS). The Eos Znyth system stores energy that the renewable source produces and discharge it when the source is not producing energy. Its Znyth battery technology, which employs a zinc-halide oxidation/reduction cycle packaged in a sealed, flooded, bipolar battery. The Eos Znyth system is designed to meet a range of requirements in the battery storage industry, including large grid-scale energy storage projects, large and small solar storage projects, commercial or industrial projects and among others.
Revenue Miss: Eos reported strong revenue growth in both Q4 and full-year 2025 but missed its prior guidance, with management taking responsibility for the shortfall.
Record Growth: Full-year 2025 revenue reached $114.2 million, over 7x growth year-over-year, and Q4 revenue was $58 million, nearly double Q3.
Margin Improvement: The company reported a 408 percentage point year-over-year improvement in gross margin, though it remains unprofitable.
Solid Cash Position: Eos ended 2025 with just under $625 million in cash, its strongest position ever, and removed 'going concern' language from filings.
2026 Guidance: Revenue guidance for 2026 is set at $300 million to $400 million, driven by backlog and new project wins, with a target to be gross margin positive in the second half.
Operational Fixes: Management is focused on addressing manufacturing inefficiencies, automation downtime, and building redundancy to avoid past issues.
Backlog & Pipeline: Backlog stood at $701 million at year-end, with a commercial pipeline of $23.6 billion and strong growth in AI/data center-related projects.
