NASDAQ$EOSE

Eos Energy Enterprises Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Eos Energy Enterprises reported strong commercial growth, improved operational performance, and progress against commitments.

Eos Energy Enterprises reported a revenue of $5.9 million, a 79 percent sequential increase. The company's orders backlog more than doubled in the quarter to $457.3 million. Annualized manufacturing capacity as of June 30, 2022 of approximately 536 MWh, a 70 percent increase versus March 31, 2022.

  • $5.9 million in revenue, a 79 percent sequential increase and 28 percent higher compared to full year 2021 revenue.
  • Booked orders in second quarter of $257.5 million, almost 4x higher than first quarter; year-to-date booked orders now stands at $324.7 million.
  • Orders backlog more than doubled in the quarter to $457.3 million.
  • Annualized manufacturing capacity as of June 30, 2022 of approximately 536 MWh, a 70 percent increase versus March 31, 2022.

Headline financials

Total Revenue

$5.9M

Previous: $612K+863.2%
EPS (adj)

-$1.01

Previous: -$1.04+2.9%
Capital Expenditures

-$11.5M

Previous: -$7.54M-52.5%
Free Cash Flow

-$68.2M

Previous: -$61.6M-10.7%
Net Income

-$56.7M

Previous: -$54M-4.9%
Operating Income

-$57.4M

Previous: -$49.2M-16.7%
Gross Profit

-$31M

Previous: -$11.8M-163.5%
Cash & Equivalents

$16.3M

Previous: $74.7M-78.2%
Total Assets

$97.7M

Previous: $110M-11.0%
Stock-Based Comp

$3.43M

Previous: $3.2M+7.5%

Revenue & EPS history

Eos Energy · Revenue · Quarterly

$5.9M

Q2 2022+863.2%vs Q2 2021
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

The world needs clean energy and we expect Eos to play a critical role in the energy transition.

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 2022

Historical avgQ2 2022

-3.5%

Avg return

Earnings day

-2.6%

Avg return

5 days after

+0.1%

Avg return

30 days after

48%

12 / 25 earnings

Positive

+31.7%

Q1 2025

Best reaction

-39.3%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.2%-8.2%-25.0%
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%
Q4 2019+2.0%
Q1 2020+2.0%
Q3 2019
Q2 2019
Q1 2019

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