Eos Energy Q3 revenue rises but misses estimates

Eos Energy Enterprises

05/11/2025 21:24

Overview

Eos Q3 revenue of $30.5 mln missed analyst expectations

Net loss driven by non-cash impacts from stock price changes and note retirement

Company secured strategic agreements with Frontier Power and MN8 Energy

Outlook

Company expects full-year revenue between $150 mln and $160 mln

Eos aims to ramp production to 2 GWh annually by year-end 2025

Company sees AI infrastructure growth driving energy demand

Result Drivers

RECORD REVENUE - Eos achieved record quarterly revenue of $30.5 mln, driven by improved production efficiencies

STRATEGIC AGREEMENTS - Secured 228 MWh order with Frontier Power and 750 MWh agreement with MN8 Energy, boosting commercial pipeline

CAPACITY EXPANSION - Eos expanding manufacturing and software hub in Pennsylvania with $24 mln incentives

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$30.51 mln
$39.60 mln (7 Analysts)
Q3 EPS
-$4.91
Q3 Net Income
-$641.39 mln
Q3 Operating Expenses
$27.30 mln
Q3 Operating Income
-$61.22 mln
Q3 Pretax Profit
-$641.39 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for Eos Energy Enterprises Inc is $12.00, about 17.5% below its November 4 closing price of $14.10

Press Release: ID:nGNX71q2Dy

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)