Short answer
Eos Energy Enterprises, Inc. (EOSE) filed its fiscal 2025 10-K annual report with the SEC on Feb 26, 2026. It reported revenue of $114M (+631.8% year over year) and net income of −$970M.
- Top risk flagged: Regulatory risk: No specific regulatory law or agency risk identified in cybersecurity section
FY2025 key financial metrics · XBRL
- Revenue
- $114M
- +631.8% YoY
- Net income
- −$970M
- −41.4% YoY
- Operating margin
- -227.0%
- +895.6 pp YoY
- EPS (diluted)
- −$6.69
- −47.0% YoY
- ROE
- 43.3%
- −20.8 pp YoY
- Operating cash flow
- −$211M
- −37.2% YoY
Source: XBRL data from the Eos Energy Enterprises, Inc. (EOSE) FY2025 10-K on SEC EDGAR. USD.
Eos Energy Enterprises, Inc. FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business: Development and commercialization of energy storage technologies with emphasis on proprietary battery systems
- Emphasis on strict compliance with global anti-bribery and export control regulations amid geographic expansion into corruption-prone regions
- Notable increase in potential dilution risk, with 339M common shares issued plus 219M issuable from convertible securities as of Feb 2026
- Introduction of anti-takeover provisions in charter limiting stockholder influence and entrenching management
- Adoption of smaller reporting company status, reducing disclosure obligations and possibly impacting investor interest and stock liquidity
Management Discussion & Analysis
- Revenue $114.2M in 2025, up 632% YoY from $15.6M in 2024, driven by increased production, deliveries, and improved pricing
- Gross loss $143.8M with cost of goods sold $258M vs $98.9M, margin negative due to start-up production and scaling efforts
- Best segment: Battery energy storage systems with multi-GWh DOE loan-funded production expansion; worst: Property, plant write-downs of $1.8M in 2025
- Cash flow negative from operations $211.2M; raised $81.1M from equity and $820.5M from convertible notes in 2025; unrestricted cash $568M at year-end
- Management expects scaling production to meet demand; key risk of reliance on DOE funding and continued capital raises until profitability achieved
Risk Factors
- Regulatory risk: No specific regulatory law or agency risk identified in cybersecurity section
- Geopolitical risk: Exposure to military conflict and terrorist attacks impacting cybersecurity and supply chain continuity
- Operational risk: Vulnerability to ransomware and social engineering attacks despite proactive incident response and monitoring processes
- Competitive risk: Not addressed in cybersecurity section
- Financial risk: No leverage, concentration, or key-person risk detailed related to cybersecurity governance
Generated from the filing text; verify against the original. How to read a 10-K
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