---
schema_version: "secwatch.filing_event.v1"
accession: "0001805077-23-000014"
form_type: "8-K"
ticker: "EOSE"
cik: "0001805077"
company_name: "Eos Energy Enterprises, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:45:19.618414+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Eos Energy Q1 revenue up 168% YoY to $8.8M; unit cost down 25%

## Summary
- Revenue $8.8M vs $3.3M in Q1 2022 (+168%); cost of goods sold $26.9M, down 24%.
- Product unit cost reduced 25% year-over-year; operating expenses flat at $19.4M.
- Cash balance $16.1M at March 31; completed $40M capital raise on April 14 for factory automation.
- Order backlog $535.1M, up >2.5x vs Q1 2022; booked $86.3M in orders in Q1.
- Completed due diligence for DOE Title XVII loan; negotiating term sheet with Loan Program Office.

## SEC filing metadata
- accession: 0001805077-23-000014
- form_type: 8-K
- ticker: EOSE
- cik: 0001805077
- company_name: Eos Energy Enterprises, Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1805077/000180507723000014/0001805077-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805077/000180507723000014/eose-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001805077-23-000014
- JSON: https://secwatch.observer/filing/0001805077-23-000014.json
- Plain text: https://secwatch.observer/filing/0001805077-23-000014.txt

## Key facts
- Earnings Releases
  Eos Energy Enterprises, Inc. reported first quarter ended March 31, 2023 results: revenue $8.8 million.
  - Period: first quarter ended March 31, 2023
  - Revenue: $8.8 million
  - Result: reported results
  source text: sustainable zinc-based long duration energy storage systems, today announced financial results for the first quarter ended March 31, 2023. First Quarter Financial Highlights † $8.8 million revenue, compared to $3.3 million in 1Q 2022, a 168% increase year-over-year. † Cost of Goods Sold of $26.9 million, a decrease of 24% compared to 1Q 2022, representing a 25%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805077/000180507723000014/0001805077-23-000014-index.htm

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