| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 68.78 | 20.8% | 351.3% |
| Total Income | 68.78 | 20.8% | 351.3% |
| Expenditure | 35.01 | 0.3% | 6.5% |
| PBT | -275.70 | 154.2% | 23.7% |
| Net Profit | -275.71 | 154.2% | 23.7% |
| OPM | — | ||
| NPM | — | ||
| EPS | -1.20 | 149.4% | 14.3% |
Eos Energy Enterprises Announces Preliminary Q2 2026 Results, Expects Record Revenue and Backlog
15 Jul 2026 · 15 Jul, 5:51 pm
Summary
Eos Energy Enterprises announced preliminary financial results for the second quarter of 2026, expecting record quarterly revenue of $68 million to $69 million, a significant increase driven by a more than three-fold rise in shipments compared to the prior year. The company also anticipates a record backlog of approximately $807 million, up 25% sequentially, reflecting strong commercial momentum. While expecting a gross margin loss between 69% and 73% due to manufacturing ramp-up costs, Eos highlighted progress in operational execution with the commencement of commercial production on its second battery line. Management expressed confidence in the company's positioning for growth in the second half of 2026.
Key Highlights
- 1
Eos Energy Enterprises expects record quarterly revenue between $68 million and $69 million for the second quarter ended June 30, 2026, driven by a more than three-fold increase in shipments year-over-year.
- 2
The company anticipates a gross margin loss between 69% and 73% for Q2 2026, reflecting progress in manufacturing scale and operational execution, including the transition to two commercial production lines.
- 3
Eos expects a record backlog of approximately $807 million as of June 30, 2026, representing a 25% increase from the prior quarter, indicating strong commercial momentum.
- 4
Total cash, including restricted cash, is expected to be approximately $364 million as of June 30, 2026.
- 5
The second quarter marked the company's transition to operating two commercial production lines across two manufacturing facilities, with Battery Line 2 commencing commercial production.
- 6
Revenue recognized in the first half of 2026 surpassed the Company's total revenue for 2025.
Management Comments
Joe Mastrangelo
Our preliminary second quarter results reflect a quarter of disciplined execution and continued progress across the business. We expect to deliver record quarterly revenue and record backlog, demonstrating that the investments we have made in our manufacturing platform continue to translate into stronger topline and commercial performance. With Battery Line 2 now in commercial production, Frontier Power USA progressing through key project milestones, and continued conversion of commercial opportunities into executable projects, we believe Eos is well positioned to drive growth throughout the second half of 2026 and beyond.
Informational and educational content only. Not investment advice.