Core Insights - Eos Energy Enterprises, Inc. reported a structural turning point in 2025, with accelerated production and a strengthened cash position exceeding $600 million, despite not meeting revenue expectations [4][5][6] Fourth Quarter Highlights - Achieved record quarterly revenue of $58.0 million, a 90% increase from the previous quarter and approximately 8 times year-over-year [5][6] - Secured over $240 million in new orders, totaling nearly 1.1 GWh from eight customers, indicating diversified market demand [5][10] - Ended the year with a cash balance of $624.6 million, supporting ongoing operations [5][12] Full Year 2025 Highlights - Total revenue for 2025 reached $114.2 million, more than 7 times that of 2024, driven by increased production and a 609% rise in customer deliveries [6][10] - Order backlog increased to $701.5 million, representing 2.8 GWh, a 9% sequential increase, reflecting strong commercial momentum [6][10] - The commercial opportunity pipeline grew to $23.6 billion, a 4% increase from the previous quarter and a 64% increase year-over-year [6][10] Operational Performance - Eos achieved an annual production capacity of 2 GWh, with significant operational execution improvements in the second half of 2025 [8][10] - Launched Indensity™, a next-generation energy storage architecture designed to deliver up to 1 GWh per acre, enhancing flexibility and safety [9][10] Financial Metrics - Gross loss for Q4 was $54.4 million, with a 230-point margin improvement year-over-year [6][10] - Net loss attributable to shareholders for 2025 totaled $120.5 million, with an adjusted EBITDA loss of $71.5 million, reflecting operational efficiencies [6][10] - The company retired $200 million of convertible notes, reducing annual interest expenses and extending debt maturities [14]

Q1 FY2026 Earnings Presentation February 5, 2026 © Fluence Energy Inc. All rights reserved. | Disclaimer Forward - Looking Statements The statements herein and referenced on the Company's earnings call that are not historical facts are forward - looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward - looking statements include, with ...

Core Insights - Eos Energy Enterprises, Inc. reported strong operating results for Q1 2025, with record production and shipment levels, indicating a positive trajectory towards long-term profitable growth [3][4][11] - The company anticipates full-year 2025 revenues between $150 million and $190 million, driven by increased production volume and automation in manufacturing [4][11] - Eos has expanded its commercial opportunity pipeline to $15.6 billion, reflecting a 10% increase from the previous quarter, supported by significant projects in Puerto Rico and California [5][7] Financial Performance - Revenue for Q1 2025 reached $10.5 million, marking a 58% increase year-over-year and a 44% increase quarter-over-quarter, attributed to higher customer deliveries [7][26] - The gross loss was $24.5 million, showing a 93-point margin improvement from the prior year due to increased production volumes and reduced product costs [7][26] - Operating expenses totaled $28.4 million, a 46% increase from the previous year, with a significant portion attributed to non-cash items and headcount growth [7][26] Operational Highlights - Eos achieved 15 out of 16 performance milestones set by Cerberus, leading to the full funding of a $210.5 million delayed draw term loan [10] - The company is expanding its manufacturing capacity from 1.25 GWh to 2 GWh annually by year-end 2025, with successful testing of its first terminal sub-assembly manufacturing cell [11] - Eos has signed two new memorandums of understanding (MOUs) to enhance its international presence, including a 400 MWh project in Puerto Rico and a 5 GWh project in the UK [5][8][9] Market Position and Strategy - Eos is positioned as a leader in zinc-based long-duration energy storage systems, emphasizing the importance of American-made solutions for energy independence [3][4] - The company’s innovative Znyth™ battery technology is designed to overcome limitations of conventional lithium-ion technology, focusing on safety, scalability, and sustainability [14] - Eos aims to enhance grid-scale resiliency, particularly in regions prone to extreme weather, aligning with its strategic focus on utility and commercial customers [8][9]