Core Insights - Zeo Energy Corp. reported a revenue of $18.1 million for Q2 2025, marking a 22% increase from the previous year, driven by market expansion and a year-round sales force [3][5] - The company completed the acquisition of Heliogen, enhancing its competitive position and diversifying revenue streams into long-duration energy storage solutions [3][6] - Despite a net loss of $16.0 million for the first half of 2025, the company is focused on profitable growth and is well-positioned for future opportunities [3][7] Financial Performance - Total revenue for the first six months of 2025 was $26.9 million, a 23% decrease from $34.9 million in the same period of 2024, primarily due to lower deferred revenue recognition [7] - Gross profit for Q2 2025 increased to $10.6 million (58.6% of total revenue) from $7.6 million (51.2% of total revenue) in Q2 2024, attributed to higher average selling prices [7] - Adjusted EBITDA for Q2 2025 was $1.4 million (7.7% of total revenue), a significant improvement from approximately $(0.8) million (5.2% of total revenue) in Q2 2024 [7][11] Operational Highlights - The company successfully expanded into new markets, including Virginia, during the peak summer sales season [6] - Zeo Energy joined the Russell Microcap Index following the 2025 annual reconstitution, which may enhance its visibility and attract more investors [6] - The acquisition of Heliogen allows Zeo to focus on long-duration energy generation and storage for commercial and industrial-scale facilities, including data centers [6]
Zeo Energy Corp. Reports Second Quarter 2025 Financial Results