---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-043868"
form_type: "8-K"
ticker: "ZEO"
cik: "0001865506"
company_name: "Zeo Energy Corp."
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T21:43:54.379509+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Zeo Energy Q1 revenue up 4% to $19.5M; net loss $1.7M vs prior year profit

## Summary
- Revenue $19.5M (+4% YoY); gross profit $1.8M (-47% YoY) from $3.4M.
- Net loss $1.7M (-8.7% of revenue) vs net income $1.6M in Q1 2023.
- Adjusted EBITDA loss $1.2M vs $2.0M gain in prior-year quarter.
- Completed merger with ESGEN Acquisition Corp. on March 13, 2024; merger expenses $11.7M.
- Expanded into Ohio and Illinois; $15M preferred equity from Energy Spectrum.

## SEC filing metadata
- accession: 0001213900-24-043868
- form_type: 8-K
- ticker: ZEO
- cik: 0001865506
- company_name: Zeo Energy Corp.
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865506/000121390024043868/0001213900-24-043868-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865506/000121390024043868/ea0205971-8k_zeoenergy.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-043868
- JSON: https://secwatch.observer/filing/0001213900-24-043868.json
- Plain text: https://secwatch.observer/filing/0001213900-24-043868.txt

## Key facts
- Earnings Releases
  Zeo Energy Corp. reported the first quarter ended March 31, 2024 results: revenue $19.5 million, net income Net loss for the quarter was $1.7 million.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $19.5 million
  - Net income: Net loss for the quarter was $1.7 million
  - Result: reported results
  source text: Results compare the 2024 fiscal first quarter ended March 31, 2024, to the 2023 fiscal first quarter ended March 31, 2023, unless otherwise indicated. ● Total revenue totaled $19.5 million, a 4.0% increase from $18.7 million in the comparable 2023 period. This increase was primarily due to the company reducing its backlog of jobs through the completion of installations during the quarter. ● Gross profit decreased to $1.8 million (9.5% of net revenue) from $3.4 million (18.6% of net revenue) in the comparable 2023 period. The decrease in gross profit was driven in part by deferred installation costs from 2023. ● Net loss for the quarter was $1.7 million (-8.7% of net revenue) compared to net income of approximately $1.6 million (8.6% of net revenue) in the comparable 2023 period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865506/000121390024043868/0001213900-24-043868-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.