Record Revenue and Shipment Growth
Eos Energy Enterprises achieved record revenue with a 122% increase in shipments quarter-over-quarter, marking a 4x growth in factory shipments compared to the first half of the previous year.
Significant Pipeline Growth
The commercial pipeline grew to $18.8 billion, representing 77 gigawatt hours, a 37% year-over-year increase and a 21% improvement quarter-over-quarter.
Positive Legislative Environment
The One Big Beautiful Bill Act preserved the Section 45X production tax credits, aiding Eos in generating over $90 million annually per manufacturing line when running at full capacity, supporting the growth of American-made energy storage systems.
Improved Efficiency and Safety
The Z3 product showed a 40% increase in energy output from the product launch, achieving 87% to 89% round-trip efficiency on sub-4-hour discharge cycles. Safety tests confirmed the product's non-toxic nature even under stress conditions.
Strong Financial Position
Eos raised $336 million, reducing the interest rate from 15% to 7% on a major loan and strengthening its cash position with $183 million in total cash.