Eos Energy Enterprises, based in Pennsylvania, develops and builds zinc-based stationary battery storage for power grids, solar and wind farms and industrial sites. The batteries work without lithium. The company is still loss-making and is expanding production. As of Oct 16, 2026
As of Oct 16, 2026Fact sheet (from the annual report)Pittsburgh, USAfull fact sheet
Eos Energy Enterprises is an American energy company that designs, manufactures and offers zinc-based battery storage systems. The batteries are non-flammable and serve as an alternative to lithium-based batteries for long storage durations. Target customers are utilities, independent power producers, developers of renewable energy projects and commercial and industrial customers, as well as developers of local microgrids. In fiscal year 2025 most of the revenue came from only a few customers. Manufacturing takes place in Turtle Creek in the state of Pennsylvania; its main market is North America. Besides the storage systems, Eos offers remote monitoring, project support and maintenance programs.
Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
Fundamentals · Analysis method
Growth, margin and debt compared with the sector – in detail in the fundamental analysis further down. The chart shows the candles without a buy zone.
Growth: greenMargin: redDebt: gray
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SEC filing (10-K, 10-Q)Required reports of listed companies to the US Securities and Exchange Commission (SEC): 10-K is the annual report, 10-Q the quarterly report, 20-F the annual report of foreign companies. We show the figures of the first filing.Example: 10-K for the fiscal year ending Sep 27, 2025, filed on Oct 31, 2025.More in the Academy: Lesson revenue, profit and margin
Eos Energy Enterprises · Sector Industrials · amounts in USD
Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Feb 26, 2026.
Quality checks
Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.
–no data: Return on equity above 15%negative equity
✗not met: Free cash flow margin above 10%−232.0%
✗not met: Profit in each of the last 5 fiscal years0 of 5
✗not met: Free cash flow positive in each of the last 3 fiscal years0 of 3
✗not met: Equity ratio above 30%−252.9%
Gross margin
−125.9%Fiscal year 2025
No rank: too few peers or not computed yet.
Share of revenue left after the direct cost of the products sold.
Operating margin
−227.0%Fiscal year 2025
No rank: too few peers or not computed yet.
Operating income divided by revenue: what the core business earns before interest and taxes.
Net margin
−849.1%Fiscal year 2025
No rank: too few peers or not computed yet.
Profit after all costs, interest and taxes divided by revenue.
Return on assets
−109.5%Fiscal year 2025 (total assets at year end)
No rank: too few peers or not computed yet.
Net income divided by total assets at fiscal year end.
Equity ratio
−252.9%Fiscal year 2025
No rank: too few peers or not computed yet.
Equity as a share of total assets. Usually low for banks.
Free cash flow margin
−232.0%Fiscal year 2025
No rank: too few peers or not computed yet.
Free cash flow divided by revenue.
Free cash flow
−265.0M USDFiscal year 2025
Operating cash flow minus capital expenditure on property and equipment.
Growth 3 of 4 met · 3 without data
✓met: Over 3 years, revenue grew by more than 5% per year+85.4%
✓met: Over 5 years, revenue grew by more than 5% per year+249.5%
–no data: Over 10 years, revenue grew by more than 5% per yearno comparable figures over 10 years
–no data: Over 3 years, EPS grew by more than 5% per yearnot computable (loss in the first or last year, or figures missing)
–no data: Over 5 years, EPS grew by more than 5% per yearnot computable (loss in the first or last year, or figures missing)
✗not met: Revenue rose in at least 4 of the last 5 fiscal years3 of 5
✓met: Revenue rose in the last fiscal year+631.8%
Revenue growth 3 years
+85.4%per year
No rank: too few peers or not computed yet.
Average growth per year over 3 fiscal years.
Revenue growth 5 years
+249.5%per year
No rank: too few peers or not computed yet.
Average growth per year over 5 fiscal years.
Dividend 0 of 1 met · 6 without data
✗not met: Pays a dividendno dividend per share reported for the last fiscal year
–no data: Payout ratio at most 60% of earningspays no dividend
–no data: Dividend paid in each of the last 5 fiscal yearspays no dividend
–no data: Dividend per share never lowered in the last 5 fiscal yearspays no dividend
–no data: Dividend per share higher than 5 years agopays no dividend
–no data: Free cash flow per share covers the dividendpays no dividend
–no data: Dividends paid over the last 5 years covered by free cash flowpays no dividend
Financial strength 1 of 6 met
✗not met: Piotroski F-Score at least 7 of 95 of 9
✗not met: Long-term debt no higher than equitynegative equity
✓met: Current assets cover current liabilities4.94
✗not met: Positive equity−2.2B USD
✗not met: In 5 years, share count up by at most 5%+2,672.2%
✗not met: Free cash flow positive in the last fiscal year−265.0M USD
Piotroski F-Score
5 of 9Fiscal year 2025
No rank: too few peers or not computed yet.
Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.
Debt / equity
negative equityat fiscal year end
No rank: too few peers or not computed yet.
Long-term financial debt divided by equity.
Liquidity (current ratio)
4.94at fiscal year end
No rank: too few peers or not computed yet.
Current assets divided by current liabilities.
Change in share count
+2,672.2%in 5 years
No rank: too few peers or not computed yet.
Change in diluted share count. Negative = share buybacks, positive = new shares.
The 9 criteria of the Piotroski F-Score
✗not met: Profit in the last fiscal year (positive return on assets)
✗not met: Positive operating cash flow
✗not met: Return on assets higher than the prior year
✓met: Operating cash flow higher than net income
✓met: Long-term debt relative to total assets fell
✓met: Liquidity (current assets / current liabilities) rose
✗not met: No additional shares (diluted share count did not rise)
✓met: Gross margin higher than the prior year
✓met: Revenue relative to total assets higher than the prior year
Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.
Price-based criteria (P/E, dividend yield) are shown to signed-in users.
Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock.
In short
Light green: Revenue grew over 5 years (+249.5% per year), at least as fast as the sector median.
Light red: Loss in the last fiscal year.
Light red: Profit in 0 of 7 fiscal years.
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
RevenueNet incomeNet margin (below)in USD
−1B−500M0500M
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Revenue 496.0K USD · Net income −79.5M USD · Net margin −16,024.8%
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Revenue 219.0K USD · Net income −68.8M USD · Net margin −31,394.5%
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Revenue 4.6M USD · Net income −124.2M USD · Net margin −2,701.5%
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Revenue 17.9M USD · Net income −229.8M USD · Net margin −1,282.2%
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Revenue 16.4M USD · Net income −229.5M USD · Net margin −1,401.3%
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Revenue 15.6M USD · Net income −685.9M USD · Net margin −4,394.9%
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 114.2M USD · Net income −969.6M USD · Net margin −849.1%
Margin
−16,025%−31,395%−2,702%−1,282%−1,401%−4,395%−849%
RevenueNet incomeNet margin (below)in USD
−1B−500M0500M1B
Q3/23Quarter Q3/23 (Jul 1, 2023 – Sep 30, 2023): Revenue 684.0K USD · Net income 14.9M USD · Net margin 2,183.0%
Q4/23Quarter Q4/23 (Oct 1, 2023 – Dec 31, 2023): Revenue 6.6M USD · Net income −41.2M USD · Net margin −623.4% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Revenue 6.6M USD · Net income −46.7M USD · Net margin −707.6%
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Revenue 898.0K USD · Net income −28.2M USD · Net margin −3,137.2%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 30, 2024): Revenue 854.0K USD · Net income −342.9M USD · Net margin −40,148.2%
Q4/24Quarter Q4/24 (Oct 1, 2024 – Dec 31, 2024): Revenue 7.3M USD · Net income −268.1M USD · Net margin −3,696.7% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 31, 2025): Revenue 10.5M USD · Net income 15.1M USD · Net margin 144.7%
Q2/25Quarter Q2/25 (Apr 1, 2025 – Jun 30, 2025): Revenue 15.2M USD · Net income −222.9M USD · Net margin −1,463.2%
Q3/25Quarter Q3/25 (Jul 1, 2025 – Sep 30, 2025): Revenue 30.5M USD · Net income −641.4M USD · Net margin −2,102.1%
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Revenue 58.0M USD · Net income −120.5M USD · Net margin −207.7% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Revenue 57.0M USD · Net income 508.9M USD · Net margin 893.4%
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Revenue 68.8M USD · Net income −275.7M USD · Net margin −400.9%
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Earnings per share not reported separately for Q4
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Earnings per share 0.12 USD
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Earnings per share −1.20 USD
No reported values for “Dividend per share” in this interval.
No reported values for “Dividend per share” in this interval.
Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 114.2M USD · Net income −969.6M USD · Net margin −849.1%
Figures over time
Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.
Money flow in fiscal year 2025
Of 100 USD of revenue, no profit was left.
Revenue114.2M USD · 100%Cost of revenue258.0M USD · 226%
Gross loss: −125.9% of revenue
Money flow as a table
Fiscal year 2025, amounts in USD, share of revenue
Item
Amount
of revenue
Revenue
114.2M USD
100.0%
Cost of revenue
258.0M USD
225.9%
Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.
Margins
Gross marginMargins above ±200% hidden (revenue very small relative to the result).
−150%−100%−50%0%
2019Fiscal year 2019: Gross margin not available
2020Fiscal year 2020: Gross margin not available
2021Fiscal year 2021: Gross margin not available
2022Fiscal year 2022: Gross margin not available
2023Fiscal year 2023: Gross margin not available
2024Fiscal year 2024: Gross margin not available
2025Fiscal year 2025: Gross margin −125.9%
Returns
Return on equity fell within one year from −55.9% to −382.8%.
2019Fiscal year 2019: Operating cash flow −23.8M USD · Capital expenditure 2.3M USD · Free cash flow −26.1M USD
2020Fiscal year 2020: Operating cash flow −26.6M USD · Capital expenditure 3.6M USD · Free cash flow −30.2M USD
2021Fiscal year 2021: Operating cash flow −116.1M USD · Capital expenditure 15.6M USD · Free cash flow −131.7M USD
2022Fiscal year 2022: Operating cash flow −196.9M USD · Capital expenditure 20.1M USD · Free cash flow −216.9M USD
2023Fiscal year 2023: Operating cash flow −145.0M USD · Capital expenditure 29.3M USD · Free cash flow −174.3M USD
2024Fiscal year 2024: Operating cash flow −153.9M USD · Capital expenditure 33.2M USD · Free cash flow −187.1M USD
2025Fiscal year 2025: Operating cash flow −211.2M USD · Capital expenditure 53.8M USD · Free cash flow −265.0M USD
Share count
The share count rose in 5 years by 2,672.2% – more new shares were issued than repurchased (dilution).
Diluted share count
0100M200M300M
2019Fiscal year 2019: Diluted share count 3.9M
2020Fiscal year 2020: Diluted share count 9.4M
2021Fiscal year 2021: Diluted share count 52.7M
2022Fiscal year 2022: Diluted share count 62.4M
2023Fiscal year 2023: Diluted share count 127.0M
2024Fiscal year 2024: Diluted share count 212.0M
2025Fiscal year 2025: Diluted share count 260.8M
From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.
Dividends and share repurchases
How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.
Dividend per share
nonepays no dividend
Share count over 5 years
+2,672.2%more shares – dilution
Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.
Valuation over time
Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users.Log in
Key figures with traffic lights
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 90 symbols in the Industrials sector on our list (current members of the S&P 500 and other lists).
Revenue growth
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light green: above sector
+249.5%per year, last 5 years
Sector Industrials: median +8.0% (81 symbols)
What does this mean? Revenue: over 5 years it grew by 249.5% per year on average – at least as fast as the median company in the sector (+8.0%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
Net income (total)
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light gray: not computable
–per year, last 5 years
Sector Industrials: median +10.0% (66 symbols)
per share: not computable (loss in the first or last year)
What does this mean? There was a loss in the first or last year. An annual growth rate cannot be calculated meaningfully then.
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
What does this mean? Of every 100 USD in revenue there was no profit but a loss of 849.06 USD. Five years ago the margin was −31,394.5%.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
Debt / equity
Debt-to-equity ratioFinancial debt (loans, bonds) divided by equity. A high value amplifies good and bad years alike. The key figures bar in the chart only uses long-term financial debt.Example: Financial debt €300m, equity €500m → 0.6.More in the Academy: Lesson debt, dividends and growth
Light gray: negative equity
–latest balance sheet
Sector Industrials: median 0.59 (67 symbols)
What does this mean? Equity is negative (e.g. due to share buybacks). A debt-to-equity ratio cannot be formed meaningfully then.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
Payout ratio
Payout ratioThe share of profit that a company pays out as a dividend. Above 100% it pays out more than it earns.Example: Dividend €1, earnings per share €2.50 → payout ratio 40%.More in the Academy: Lesson debt, dividends and growth
Light gray: none found
–Dividend / earnings per share
Sector Industrials: median 35% (65 symbols)
What does this mean? The loaded SEC filings of the last two fiscal years contain no dividend per share. Either the company pays none, or it reports it under a different tag.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
Profitable years
Profitable yearsHow many of the last fiscal years ended with a profit rather than a loss on the bottom line. The figure shows how consistently a company earns.Example: Profit in 9 of 10 years → one loss year.More in the Academy: Lesson revenue, profit and margin
Light red: 7 loss years
0 of 7fiscal years with a profit
What does this mean? In 0 of the last 7 fiscal years the bottom line showed a profit. 7 years ended with a loss.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
Last fiscal year and 13F
Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
114.2M USD
Revenue vs. prior year
+631.8%
Net income (FY)
−969.6M USD
Net income vs. prior year
–
EPS (FY)
-6.69 USD
13F funds with a position
–
Funds vs. prior quarter
–
Shares held vs. prior quarter
–
Fiscal year to Dec 31, 2025 · 10-K filed Feb 26, 2026 · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term).13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
Year
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
2025
Dec 31, 2025
114.2M
−969.6M
−849.1%
−6.69
–
–
2024
Dec 31, 2024
15.6M
−685.9M
−4,394.9%
−4.55
–
–
2023
Dec 31, 2023
16.4M
−229.5M
−1,401.3%
−1.81
–
–
2022
Dec 31, 2022
17.9M
−229.8M
−1,282.2%
−3.68
–
–
2021
Dec 31, 2021
4.6M
−124.2M
−2,701.5%
−2.36
–
–
2020
Dec 31, 2020
219.0K
−68.8M
−31,394.5%
−7.31
–
–
2019
Dec 31, 2019
496.0K
−79.5M
−16,024.8%
−20.22
–
–
Quarters (amounts in USD, per share in USD)
Quarter
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
Q2/26
Jun 30, 2026
68.8M
−275.7M
−400.9%
−1.20
–
–
Q1/26
Mar 31, 2026
57.0M
508.9M
893.4%
0.12
–
–
Q4/25*
Dec 31, 2025
58.0M
−120.5M
−207.7%
–
–
–
Q3/25
Sep 30, 2025
30.5M
−641.4M
−2,102.1%
−4.91
–
–
Q2/25
Jun 30, 2025
15.2M
−222.9M
−1,463.2%
−1.05
–
–
Q1/25
Mar 31, 2025
10.5M
15.1M
144.7%
−0.20
–
–
Q4/24*
Dec 31, 2024
7.3M
−268.1M
−3,696.7%
–
–
–
Q3/24
Sep 30, 2024
854.0K
−342.9M
−40,148.2%
−1.77
–
–
Q2/24
Jun 30, 2024
898.0K
−28.2M
−3,137.2%
−0.25
–
–
Q1/24
Mar 31, 2024
6.6M
−46.7M
−707.6%
−0.23
–
–
Q4/23*
Dec 31, 2023
6.6M
−41.2M
−623.4%
–
–
–
Q3/23
Sep 30, 2023
684.0K
14.9M
2,183.0%
−0.05
–
–
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
Insiders
Insider transactionsExecutives, directors and major shareholders (over 10%) of US companies report their own transactions in their company’s stock to the SEC within two business days (Form 4). Purchases in the market count as more meaningful than sales (often taxes, estate planning).Example: Three executives acquire stock worth a total of 2 million USD within two weeks → “purchases by several insiders”.More in the Academy: Glossary
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
Trend score -100
Price vs. EMA 50-15
Price vs. EMA 200-15
EMA 50 vs. EMA 200-20
ADX (trend strength)-15
Highs and lows-20
Relative strength-15
Volatility and trend strength
ADX 14 (trend strength)44.2
Rel. strength 60 d−52.0%
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.
Eos Energy Enterprises Announces Preliminary Third Quarter 2026 Revenue Growth and Continued Gross Margin Improvement and Sets Conference Call DateYahoo Finance · Oct 19, 14:30