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Eos Energy Enterprises (EOSE) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Eos Energy Enterprises (EOSE) Q3 2026 earnings results →

Q3 2026 Revenue up 171% year over year to $82.7M · 151¢ of every $1 of revenue kept as net profit · operating margin -95.9%

Eos Energy Enterprises made $82.7M in Q3 2026 (+171% Y/Y). Operating margin -95.9%, net earnings $125M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.

Revenue$82.7M

Year over year+171%

Operating margin-95.9%

Net earnings$125M

Operating cash flow−$69.8M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $82.7M in Q3 2026, up 171% year over year and up 20% from the previous quarter.

Operating costs exceeded revenue by $79.3M, an operating margin of -95.9%. Total costs grew 77% against revenue growth of 171%. The fastest-growing cost line was Cost of revenue (+97%). Net earnings were $125.0M. The effective tax rate was 1.2%. Non-operating items added $205.8M, 163% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$69.8M. Non-cash charges added back $7.5M of depreciation and amortization and $6.9M of share-based compensation. Working capital and other items used $209.4M. Capital expenditures of $35.2M exceeded it, leaving free cash flow of −$105.1M.

Quarterly history

Quarter	Form	Filed	Revenue	Y/Y	Op. margin	Net earnings	Op. cash flow
Q3 2026	10-Q	Nov 5, 2026	$82.7M	+171%	-95.9%	$125M	−$69.8M
Q2 2026	10-Q	Aug 5, 2026	$68.8M	+351%	-121.9%	−$276M	−$72.0M
Q1 2026	10-Q	May 13, 2026	$57.0M	+445%	-139.2%	$509M	−$120M
Q4 2025	10-K	Feb 26, 2026	$58.0M	+700%	-140.1%	−$120M	−$50.3M
Q3 2025	10-Q	Nov 5, 2025	$30.5M	36×	-200.6%	−$641M	−$65.9M
Q2 2025	10-Q	Jul 30, 2025	$15.2M	17×	-419.1%	−$223M	−$66.1M
Q1 2025	10-Q	May 6, 2025	$10.5M	+58%	-506.2%	$15.1M	−$28.9M

Charts

Latest (Q3 2026): Y/Y +171%, Q/Q +20%.

From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.

Latest (Q3 2026): Net income $125M, Operating cash flow −$69.8M.

+177.2% since FY2020: more shares outstanding (issuance, stock pay); earlier years scaled for the 2-for-1 split before FY2023, 5-for-1 split before FY2021.

Miscellaneous Electrical Machinery, Equipment & Supplies; dot size is quarterly revenue; dashed lines are the industry's medians.

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