Reported resultsCompany-reported
What was reported
Eos Energy Enterprises Reports Third Quarter 2026 Revenue of $82.7 Million, Up 171% Year Over Year, with Gross Margin Improving 58 Percentage Points • Delivered record revenue of $82.7 million through deliveries to 10 projects • Gross margin improved 58 percentage points and adjusted EBITDA margin improved 96 percentage points year over year, the eighth consecutive quarter both metrics improved • Received $87 million first advance under the second tranche of the U.S. Department of Energy loan • Announced a project with MN8 Energy to deliver 10 MW/100 MWh of Z3™ zinc-based LDES in West Virginia, serving Google’s data centers • Discharged 6.9 GWh of cumulative energy from Eos technology, up nearly 400 MWh sequentially • Line 2’s performance reached first-pass yield parity with Line 1 within three months of operation, and Thorn Hill moved to 24-hour operations in October • Reaffirms full-year revenue outlook in the lower half of its $300 million - $350 million range Pittsburgh, PA – November 5, 2026 – Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), America’s leading innovator in designing, manufacturing, and providing zinc-based long- duration energy storage (LDES) systems sourced and manufactured in the United States, today announced its financial results for the third quarter ended September 30, 2026.U.S. Securities and Exchange Commission (EDGAR) · Exhibit 99.1 to 8-K · Nov 5, 2026 · Open the source ↗
What the evidence supports
Eos Energy Enterprises published its results for the period in a press release furnished to the SEC (Form 8-K, Item 2.02).
What remains unknown
Audit status of the figures (results furnished on Form 8-K or 6-K are typically unaudited), and anything about future periods. Any outlook is the company's own projection. Figures and claims are the company's own description and have not been independently verified.
Figures as stated
Numbers exactly as written in the source. We don’t annualise, convert or add them up.
| Figure | In context |
|---|---|
| $82.7 million | “Third Quarter Highlights • Revenue totaled $82.7 million, up 171% year over year and 20% sequentially, driven by a 216% increase in cube shipments year over year and 23% growth sequentially. • Gross margin of negative 53%, improving 58 percentage points year over year and 18 percentage points sequentially, driven by lower material costs, increased production volumes, and lower conversion costs.” Mentions: revenue |
| $44.2 million | “Gross loss was $44.2 million, compared to $33.9 million in the prior year period. • Adjusted gross margin improved to negative 44%, with adjusted gross loss improving $6.1 million sequentially to $36.8 million, excluding stock-based compensation and depreciation. • Net income attributable to shareholders totaled $125.0 million, primarily reflecting non-cash mark- to-market gains on warrants and debt resulting from changes in the Company's stock price. • Adjusted EBITDA margin was negative 77%, improving 96 percentage points year over year and 27 percentage points sequentially.” Mentions: cash, net income, ebitda |
| $33.9 million | “Gross loss was $44.2 million, compared to $33.9 million in the prior year period. • Adjusted gross margin improved to negative 44%, with adjusted gross loss improving $6.1 million sequentially to $36.8 million, excluding stock-based compensation and depreciation. • Net income attributable to shareholders totaled $125.0 million, primarily reflecting non-cash mark- to-market gains on warrants and debt resulting from changes in the Company's stock price. • Adjusted EBITDA margin was negative 77%, improving 96 percentage points year over year and 27 percentage points sequentially.” Mentions: cash, net income, ebitda |
| $6.1 million | “Gross loss was $44.2 million, compared to $33.9 million in the prior year period. • Adjusted gross margin improved to negative 44%, with adjusted gross loss improving $6.1 million sequentially to $36.8 million, excluding stock-based compensation and depreciation. • Net income attributable to shareholders totaled $125.0 million, primarily reflecting non-cash mark- to-market gains on warrants and debt resulting from changes in the Company's stock price. • Adjusted EBITDA margin was negative 77%, improving 96 percentage points year over year and 27 percentage points sequentially.” Mentions: cash, net income, ebitda |
| $36.8 million | “Gross loss was $44.2 million, compared to $33.9 million in the prior year period. • Adjusted gross margin improved to negative 44%, with adjusted gross loss improving $6.1 million sequentially to $36.8 million, excluding stock-based compensation and depreciation. • Net income attributable to shareholders totaled $125.0 million, primarily reflecting non-cash mark- to-market gains on warrants and debt resulting from changes in the Company's stock price. • Adjusted EBITDA margin was negative 77%, improving 96 percentage points year over year and 27 percentage points sequentially.” Mentions: cash, net income, ebitda |
| $125.0 million | “Gross loss was $44.2 million, compared to $33.9 million in the prior year period. • Adjusted gross margin improved to negative 44%, with adjusted gross loss improving $6.1 million sequentially to $36.8 million, excluding stock-based compensation and depreciation. • Net income attributable to shareholders totaled $125.0 million, primarily reflecting non-cash mark- to-market gains on warrants and debt resulting from changes in the Company's stock price. • Adjusted EBITDA margin was negative 77%, improving 96 percentage points year over year and 27 percentage points sequentially.” Mentions: cash, net income, ebitda |
Source passages
Exact excerpts from the source, with links. Quotes are checked character for character against our stored copy.
Press release lead paragraphEos Energy Enterprises Reports Third Quarter 2026 Revenue of $82.7 Million, Up 171% Year Over Year, with Gross Margin Improving 58 Percentage Points • Delivered record revenue of $82.7 million through deliveries to 10 projects • Gross margin improved 58 percentage points and adjusted EBITDA margin improved 96 percentage points year over year, the eighth consecutive quarter both metrics improved • Received $87 million first advance under the second tranche of the U.S. Department of Energy loan • Announced a project with MN8 Energy to deliver 10 MW/100 MWh of Z3™ zinc-based LDES in West Virginia, serving Google’s data centers • Discharged 6.9 GWh of cumulative energy from Eos technology, up nearly 400 MWh sequentially • Line 2’s performance reached first-pass yield parity with Line 1 within three months of operation, and Thorn Hill moved to 24-hour operations in October • Reaffirms full-year revenue outlook in the lower half of its $300 million - $350 million range Pittsburgh, PA – November 5, 2026 – Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), America’s leading innovator in designing, manufacturing, and providing zinc-based long- duration energy storage (LDES) systems sourced and manufactured in the United States, today announced its financial results for the third quarter ended September 30, 2026.U.S. Securities and Exchange Commission (EDGAR) · Exhibit 99.1 to 8-K · Nov 5, 2026 · Open the source ↗
Amount stated in press releaseThird Quarter Highlights • Revenue totaled $82.7 million, up 171% year over year and 20% sequentially, driven by a 216% increase in cube shipments year over year and 23% growth sequentially. • Gross margin of negative 53%, improving 58 percentage points year over year and 18 percentage points sequentially, driven by lower material costs, increased production volumes, and lower conversion costs.U.S. Securities and Exchange Commission (EDGAR) · Exhibit 99.1 to 8-K · Nov 5, 2026 · Open the source ↗
Amount stated in press releaseGross loss was $44.2 million, compared to $33.9 million in the prior year period. • Adjusted gross margin improved to negative 44%, with adjusted gross loss improving $6.1 million sequentially to $36.8 million, excluding stock-based compensation and depreciation. • Net income attributable to shareholders totaled $125.0 million, primarily reflecting non-cash mark- to-market gains on warrants and debt resulting from changes in the Company's stock price. • Adjusted EBITDA margin was negative 77%, improving 96 percentage points year over year and 27 percentage points sequentially.U.S. Securities and Exchange Commission (EDGAR) · Exhibit 99.1 to 8-K · Nov 5, 2026 · Open the source ↗
Revision history
- Revision 1 · Nov 11, 2026, 21:11 UTC
Eos Energy Enterprises reports results of operations and financial condition (Form 8-K, Item 2.02)
Spotted an error? Tell us. Corrections are published, never silent: see all corrections.