Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Eos Energy Enterprises, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2020
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
0.5
0.22
4.6
17.9
16.4
15.6
114
Cost of revenue
8.33
5.51
46.5
153
89.8
98.9
258
Gross profit
-7.84
-5.29
-41.9
-135
-73.4
-83.3
-144
Research and development
11.8
13.6
19.2
18.5
18.7
22.8
28.5
Selling, general and administrative
53.7
60
85.1
General and administrative
6.59
17.6
43
60.6
53.7
Operating expenses
79.5
91.9
Operating income
-26.8
-38.7
-135
-221
-153
-175
-259
Interest expense
49.7
23.7
1.55
56.7
28.8
28.6
Interest income
0.5
0.62
5.32
Other non-operating income
2.19
-0.48
-1.8
-8.12
-2.36
Pre-tax income
-79.5
-70.6
-124
-230
-229
-686
-970
Income tax
0
0
0
0.05
0.03
0.02
0.02
Net income
-79.5
-70.6
-124
-230
-230
-686
-970
EBITDA
-24.7
-37.1
-132
-214
-143
-167
-245
EPS, basic
-20.22
-7.51
-2.36
-3.68
-1.81
-4.55
-6.69
EPS, diluted
-20.22
-7.51
-2.36
-3.68
-1.81
-4.55
-6.69
Shares, basic (weighted)
3.93
9.41
52.7
62.4
127
212
261
Shares, diluted (weighted)
3.93
9.41
52.7
62.4
127
212
261
Balance sheet
FY2020
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
0.86
122
105
17.1
69.5
74.3
568
Receivables
0
1.92
1.67
3.39
3.04
6.78
Inventory
0
0.21
13
23.3
17.1
32.8
59
Other current assets
0.48
0.64
1.27
1.22
3.58
0.22
0.59
Total current assets
5.98
127
143
55.1
122
180
708
Property, plant and equipment
5.32
5.65
12.9
27.2
37.9
45.7
114
Lease right-of-use assets
0
3.47
4.32
4.03
2.91
20.4
Goodwill
0
4.33
4.33
4.33
4.33
4.33
Intangible assets
0.36
0.32
0.28
0.24
0.3
0.24
0.98
Other non-current assets
0
0.26
2.09
4.16
5.89
12.3
14.6
Total assets
13.1
138
169
107
186
260
885
Accounts payable
0
3.38
12.5
34.7
20.5
16.7
99.9
Accrued liabilities
5.09
7.67
15.4
32.3
22
25.8
Deferred revenue
0.3
0.08
0.85
3.85
3.07
22
15
Short-term debt
76.6
0.92
6.57
5.56
3.33
2.01
0.37
Total current liabilities
86.7
13.6
29.9
60.6
60.9
65
144
Long-term debt
0
0.43
103
170
201
315
813
Lease liabilities
0
3.22
4.13
3.35
1.63
19.2
Other non-current liabilities
0.77
0.02
3.49
1.54
0.07
0.43
Total liabilities
87.4
17.5
137
239
297
842
1,763
Total debt
76.6
1.35
109
176
204
317
813
Paid-in capital
20.3
395
449
514
765
535
428
Retained earnings
-204
-292
-417
-646
-876
-1,562
-2,536
Other comprehensive income
0
0.01
0.01
Shareholders' equity
-184
121
32.4
-133
-111
-1,070
-2,239
Total equity
-184
121
32.4
-133
-111
-1,070
-2,239
Total liabilities and equity
13.1
138
169
107
186
260
885
Shares outstanding
3.93
48.9
53.8
82.7
199
222
337
Cash flow statement
FY2020
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-79.5
-70.6
-124
-230
-230
-686
-970
Depreciation and amortization
2.12
1.56
2.61
6.81
9.75
7.9
14.2
Stock-based compensation
0.14
5.08
15.1
13.8
14.1
18.8
24.9
Deferred income tax
0
0
0
0
0
0
0
Change in receivables
0
0
-1.92
0.23
-1.71
0.35
-3.96
Change in inventory
0.63
-0.21
-10.1
-10.3
6.19
-20.5
-22.4
Change in payables
-0.68
-1.8
5.82
19.5
-11.5
-4.57
62.1
Cash from operations
-23.8
-26.6
-116
-197
-145
-154
-211
Capital expenditures
-2.3
-3.61
-15.6
-20.1
-29.3
-33.2
-53.8
Acquisitions
0
0
-0.16
0
Cash from investing
-2.9
-6.63
-23.3
-17.2
-29.5
-33.2
-54.7
Debt repaid
0
-19.9
0
Stock issued
0
0
1.07
0
92.9
14.1
539
Cash from financing
22.1
154
123
140
228
206
787
Exchange rate effect
0
0.01
0.01
-0.02
-0
Net change in cash
-4.64
121
-16.2
-74.5
53.4
18.7
521
Free cash flow
-26.1
-30.2
-132
-217
-174
-187
-265
Interest paid
0.01
0.12
0.16
5.77
15.1
4.4
8.4
Income taxes paid
0
0
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $3.17 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
-84.7%
Gross profit / revenue.
Operating margin
-142.6%
Operating income / revenue.
EBITDA margin
-133.3%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-246.7%
Pre-tax income / revenue.
Net margin
-246.8%
Net income / revenue.
FCF margin
-196.1%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-143.7%
Cash from operations / revenue.
Return on assets (ROA)
-58.3%
Net income / average total assets.
R&D / revenue
16.7%
Research and development expense / revenue.
SG&A / revenue
40.7%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
10.4%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
52.4%
Capital expenditures / revenue.
D&A / revenue
9.3%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
631.8%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
85.4%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
249.5%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
240.0%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
102.4%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
45.0%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
23.0%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
61.1%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
94.3%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
3.26x
Current assets / current liabilities.
Quick ratio
1.93x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.93x
(Cash + short-term investments) / current liabilities.
Debt / assets
68.1%
Total debt / total assets.
Liabilities / assets
135.0%
Total liabilities / total assets.
Net debt
$311.6M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$0.63
Revenue / diluted weighted shares.
FCF per share
-$1.24
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.91
Cash from operations / diluted weighted shares.
Book value per share
-$3.03
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
5.38x
Market cap / revenue.
EV/Sales
6.83x
Enterprise value / revenue.
FCF yield
-36.5%
Free cash flow / market cap.
Earnings yield
-45.9%
Net income / market cap (the inverse of P/E).
What was Eos Energy Enterprises, Inc.'s revenue in fiscal 2025?
Eos Energy Enterprises, Inc. reported revenue of $114.2M for fiscal 2025, 631.8% higher than the year before.
Was Eos Energy Enterprises, Inc. profitable in fiscal 2025?
No. It reported a net loss of $969.6M.
How much free cash flow did Eos Energy Enterprises, Inc. generate in fiscal 2025?
Cash from operations of $211.2M minus capital expenditures of $53.8M left free cash flow of -$265.0M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.