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EOSE — Eos Energy Enterprises

Zinc-bromine battery energy storage • SPAC Nov 2020 • Calendar FY (Dec 31) • Turtle Creek, PA

Revenue Guidance Points
5
Hit Rate (Initial)
0%
Tracking Since
FY 2021
FY2025 Revenue
$114.2M
Backlog
$701.5M
0% Hit Rate
EOSE has never met initial annual revenue guidance in 5 years of public history. Guidance slashed mid-year in FY2021, FY2022, FY2024, and missed again in FY2025.
$701.5M Backlog
Despite execution challenges, orders backlog grew from $147.5M (2021) to $701.5M (2025). Commercial pipeline at $23.6B. DOE $303.5M loan secured.

📊 Verdict Distribution (vs. Initial Guidance)

📉 Guidance Miss Magnitude

Actual as % of initial guidance (100% = met low end)

🎯 Annual Revenue Guidance vs. Actuals ($M)

Fiscal YearInitial GuidanceRevised GuidanceActualvs. Initialvs. RevisedMiss %

📈 Annual Revenue: Initial Guidance vs. Actual ($M)

Quarterly Revenue Trend ($M) — The Hockey Stick

🔄 Guidance Revisions & Key Events Timeline

📅 Quarterly Financial Actuals

QuarterRevenue ($M)Adj. EBITDA ($M)Backlog ($M)Pipeline ($B)Note

📦 Orders Backlog ($M)

🌍 Commercial Pipeline ($B)

💸 Quarterly Adj. EBITDA ($M) — FY2025

🏭 Production Capacity Roadmap (GWh)

Line 1: 2 GWh annualized (achieved Q4 2025, 5 weeks late)  |  Line 2: Factory acceptance testing complete Q1 2026, production targeted end of Q2 2026  |  DOE Target: 8 GWh by 2027

🚀 Key Milestones & Strategic Context