earnings
confidence high
sentiment positive
materiality 0.75
Eos Energy prelim Q2 rev $68-69M (record), backlog $807M (record), cash $364M
Eos Energy Enterprises, Inc.
- Revenue $68-69M, highest quarterly revenue; shipments more than tripled YoY.
- Gross margin loss 69-73% due to start-up costs on Battery Line 2, which began commercial production in mid-June.
- Backlog $807M, up ~25% QoQ; new orders exceeded shipments during the quarter.
- Total cash $364M; customer collections of $78M exceeded quarterly revenue.
- Bipolar automation line 50% SAT completed; full commissioning expected July 2026.