Eos Energy Enterprises Reports Record Q2 Revenue of $15.2M, Reaffirms 2025 Revenue Outlook

Reuters ยท 2025-07-30 16:06
Eos Energy Enterprises Reports Record Q2 Revenue of $15.2M, Reaffirms 2025 Revenue Outlook

Eos Energy Enterprises Inc. (NASDAQ: EOSE) announced record-breaking financial results for the second quarter of 2025, with revenue reaching $15.2 million, marking a 46% increase from the previous quarter and a 17-fold rise from the same period last year. This significant growth was primarily driven by increased production volumes, with factory shipments rising 122% quarter-over-quarter. Notably, 50% of this production volume was delivered for a strategic customer project. The company reaffirmed its revenue guidance for the full year of 2025, projecting a range of $150 million to $190 million. Eos also reported a substantial expansion of its commercial pipeline, adding $3.2 billion in the second quarter, bringing the total to $18.8 billion. This pipeline represents 77 GWh of energy storage capacity, with approximately 20% linked to data center development. Eos further enhanced its financial flexibility by closing $336 million in concurrent offerings of common stock and convertible senior notes, which were significantly oversubscribed. This strategic move is expected to result in approximately $400 million in savings over previous debt terms and reflects strong investor confidence in Eos' growth potential. Additionally, the company restructured debt, extending the maturity of its convertible senior notes to September 30, 2034, and reducing the interest rate from 26.5% to 7.0% starting June 30, 2026. These developments position Eos as a key player in the evolving energy landscape, particularly in addressing the growing demand for resilient and scalable energy infrastructure driven by industries like artificial intelligence and data centers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eos Energy Enterprises Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9503382-en) on July 30, 2025, and is solely responsible for the information contained therein.