Core Insights - Zeo Energy Corp. reported a net revenue of approximately $23.9 million for Q3 2025, representing a 22% increase compared to Q3 2024 and a 32% increase from Q2 2025 [3][7][8] - The company anticipates Q4 net revenues to remain stable, navigating typical seasonal fluctuations while expanding into new markets like Virginia [3][4] - The acquisition of Heliogen is generating interest in large-scale energy solutions, particularly for data centers and commercial customers [4][7] Financial Performance - Q3 2025 Adjusted EBITDA was approximately $2.0 million, an improvement from $(0.2) million in Q3 2024 [7][8] - Gross profit for Q3 2025 increased to approximately $13.7 million, representing 57.4% of total net revenue, up from 48.8% in Q3 2024 [8] - The net loss for Q3 2025 was approximately $1.9 million, a decrease from a net loss of approximately $2.9 million in Q3 2024 [8] Operational Highlights - The company has shown resilience in maintaining revenue and managing costs despite challenges in the broader residential solar market [3] - Zeo Energy is focusing on attracting top sales talent and expanding into favorable new markets to position itself for future growth in 2026 [3][4] - The acquisition of Heliogen is expected to enhance Zeo's capabilities in long-duration energy generation and storage, particularly for high-demand applications [4][7]
Zeo Energy Corp. Reports Third Quarter 2025 Financial Results