Eos Energy Q3 revenue rises 171% to $82.7 million; plant consolidation planned
Eos Energy reported third-quarter 2026 revenue of $82.7 million, up 171% from a year earlier, and reaffirmed its full-year revenue outlook in the lower half of $300 million to $350 million. The company also reported net income of $125.0 million, driven mainly by non-cash gains on warrants and debt, while its gross loss and adjusted EBITDA loss remained large. It also plans to consolidate its Turtle Creek and Thorn Hill, Pennsylvania, manufacturing sites, with cash restructuring charges of approximately $16 million to $18 million.
Key points
- Q3 2026 revenue was $82.7 million, up 171% year over year; gross loss widened to $44.2 million from $33.9 million a year earlier.
- Net income attributable to shareholders was $125.0 million, mainly from non-cash mark-to-market gains on warrants and debt.
- Adjusted EBITDA loss was $63.8 million, narrowing from $71.4 million in the prior quarter but wider than the $52.7 million loss a year earlier.
- Board adopted a plan on November 4, 2026 to consolidate Turtle Creek and Thorn Hill; charges of $16 million to $18 million are expected, with actions largely completed by end of June 2027.
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 November 05, 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.