Eos forms $250M JV with Cerberus for LDES IPP; Q1 rev $57M, guides FY $300-400M

Eos Energy Enterprises, Inc.

Cerberus commits $100M equity for 50%+ governance; Eos targets $150M via rights offering.
JV (Frontier Power USA) to develop/own/operate LDES projects using Eos Z3 tech; 2 GWh capacity reservation signed.
Q1 revenue $57.0M (+445% YoY); gross loss $44.4M; net income $508.9M (non-cash mark-to-market).
Adjusted EBITDA loss $68.0M; cash $472.4M; backlog $644.6M (2.6 GWh); pipeline $24.3B.
FY2026 revenue reaffirmed $300-400M; second battery line on schedule for Q2 initial production.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Eos Energy Enterprises, Inc. reported first quarter ended March 31, 2026 results: revenue $57.0 million, net income $508.9 million. Guidance reaffirmed.

Period: first quarter ended March 31, 2026
Revenue: $57.0 million
Net income: $508.9 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

today announced its financial results for the first quarter ended March 31, 2026. First Quarter Highlights • Revenue totaled $57.0 million

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Eos Energy Enterprises, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-26-034367

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