Eos Energy Enterprises Inc · Q1 2026 earnings

Briefing

Eos Energy reported Q1 2026 revenue of $57.0M with net income of $508.9M and diluted EPS of $2.45.

For the quarter ended March 31, 2026, Eos Energy generated revenue of $57.0 million, up sharply from prior periods, as zinc battery deployments scaled. Net income attributable to shareholders was $508.9 million versus $15.1 million a year ago, driven primarily by fair-value and mark-to-market gains on warrants and embedded derivatives rather than core operations. Diluted EPS was $2.45. Excluding non-cash fair-value items, operating losses persisted on manufacturing ramp and project costs.

• Revenue of $57.0M reflects growing energy-storage deployments.
• Reported net income of $508.9M included large fair-value gains on warrants/derivatives.
• Diluted EPS was $2.45 on a much larger weighted average share count.
• Backlog conversion and production yield remain operational focus areas.
• Cash and project financing support manufacturing expansion per MD&A.

Headline financials

Revenue & EPS history

Eos does not provide traditional EPS guidance in the 10-Q. Management discusses converting firm order backlog to revenue, scaling manufacturing capacity, and project execution timelines.