Eos Energy Q3 revenue of $82 million to $83 million; gross margin remains negative
Eos Energy said preliminary third-quarter 2026 revenue of $82 million to $83 million rose about 169% to 172% from a year earlier, while gross margin remained a loss of 53% to 55%. The company now expects full-year 2026 revenue in the lower half of its $300 million to $350 million range, and the figures are unaudited and may change before full results on November 5, 2026.
Key points
- Preliminary Q3 2026 revenue of $82 million to $83 million, up about 19% to 21% sequentially and 169% to 172% year over year
- GAAP gross margin of (55)% to (53)%, an improvement of about 16 to 18 percentage points versus Q2 2026
- Total cash including restricted cash was about $344 million on September 30, 2026, down from $364 million on June 30, 2026; backlog was about $765 million
- Full-year 2026 revenue now expected in the lower half of the $300 million to $350 million range; full Q3 results due November 5, 2026
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 19, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.