NASDAQ$EOSE
Eos Energy Enterprises Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported financial results for the second quarter of 2021 and updated guidance for full year 2021.
Eos Energy Enterprises reported $0.6 million in revenue for Q2 2021. The company had cash and cash equivalents of $75 million as of June 30, 2021. They are revising their 2021 revenue target to $5 million.
- Booked orders of $79.2 million year-to-date resulting in backlog of $95.6 million, as of August 11, 2021; current backlog delivers 100% coverage on 2021 $50 million revenue target
- $2 million in product shipped, as of August 11, 2021
- Successfully completed UL certification on August 10, 2021
- On July 7, 2021, Eos announced $100 million investment from Koch Strategic Platforms, a subsidiary of Koch Investments Group, to support the Company’s strategic growth initiatives
Headline financials
Revenue & EPS history
Eos Energy · Revenue · Quarterly
$612K
Forward guidance
Eos lowers revenue guidance with delays in UL certification, manufacturing ramp-up, and overall project readiness impacting delivery timing.
Tailwinds
- $300 million in booked orders; focus on building 2022+ orders backlog
- Ship fully certified UL product in Q3
- Initiate CE mark (Europe) testing, ISO certifications, UL 9540
- Expand manufacturing capacity to 800 MWh
- Finalize Gen 3.0 (Z3) product design and production plan
Headwinds
- $5 million in expected 2021 shipments and revenue recognized.
- Remaining deliveries pushed to 2022
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2021
-3.5%
Avg return
Earnings day
-2.6%
Avg return
5 days after
+1.2%
Avg return
30 days after
48%
12 / 25 earnings
Positive
+31.7%
Q1 2025
Best reaction
-39.3%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.2% | -8.2% | — | |
| Q4 2025 | -39.3% | -45.6% | -56.3% | |
| Q3 2025 | +2.8% | +24.6% | +0.9% | |
| Q1 2025 | +31.7% | +25.6% | -23.8% | |
| Q4 2024 | +26.1% | +0.0% | -3.0% | |
| Q3 2024 | -12.7% | -8.6% | +5.1% | |
| Q2 2024 | -19.0% | -15.1% | +30.2% | |
| Q1 2024 | +0.3% | -0.8% | +30.4% | |
| Q4 2023 | +5.9% | +2.0% | -5.6% | |
| Q3 2023 | -32.0% | -35.0% | -44.2% | |
| Q2 2023 | +16.3% | +25.1% | +5.4% | |
| Q1 2023 | +12.0% | +27.1% | +47.9% | |
| Q4 2022 | -22.8% | -18.4% | +3.1% | |
| Q3 2022 | -17.0% | -21.6% | -24.8% | |
| Q2 2022 | -12.8% | +2.3% | -36.2% | |
| Q1 2022 | -27.7% | -26.7% | +8.9% | |
| Q4 2021 | -7.1% | -16.0% | +39.7% | |
| Q3 2021 | -0.3% | -0.1% | -28.2% | |
| Q2 2021 | -7.3% | -11.6% | -16.7% | |
| Q1 2021 | -8.9% | +3.4% | +70.8% | |
| Q2 2020 | +9.9% | +3.6% | -6.2% | |
| Q4 2020 | +9.9% | +3.6% | -6.2% | |
| Q3 2020 | -2.1% | +30.0% | +35.1% | |
| Q1 2020 | +2.0% | — | — | |
| Q4 2019 | +2.0% | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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