Company Analysis

Eos Energy Enterprises, Inc. (EOSE)

Nasdaq: EOSE · Miscellaneous Electrical Machinery, Equipment & Supplies · Edison, NJ · filing with the SEC since 2020
Grade3.6
◀ Past 2.7● Present 3.3▶ Future 4.9
1 est.

The grade of Eos Energy Enterprises, Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.6/10
◀ Past2.730% of the headline
● Present3.340% of the headline
▶ Future4.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.7/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.4/10

Has it survived what it has been through?

5 warning events since 2020; the latest 2025-06-03.

weight 33% of this tense · 14th percentile among 43 sector filers · read for itself

From the record

Eos Energy Enterprises, Inc.'s filings since 2020 show 5 warning events of 3 kinds: a debt default or acceleration notice (8-K item 2.04, the latest 2025-06-03); a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2024-05-24); an auditor change (8-K item 4.01, the latest 2020-11-20) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.2/10

What has it actually done, year after year?

+147.5% a year over 7 filed years; profitable in 0 of 7.

weight 45% of this tense · 42nd percentile among 35 sector filers · read for its customers

From the record

Eos Energy Enterprises, Inc.'s 7 filed years say what it did: revenue went from $496 thousand in fiscal 2019 to $114 million in fiscal 2025, up 147.5% a year; it rose in 3 of 6 years; the deepest fall was 56% from fiscal 2019 to fiscal 2020; net income was positive in 0 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span147.5%top 2% of its family
  • the share of years revenue rosebottom 20% of its family
  • the share of filed years with a profitbottom 26% of its family
  • the deepest fall from a revenue peak55.8%bottom 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
1.7/10

How has it treated the people who own it?

SI estimate 1.7/10, confidence 35 of 100 (one part).

weight 22% of this tense · 17th percentile among 39 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 17% of 39 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 39 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Eos Energy Enterprises, Inc.'s shareholder treatment is put at 1.7 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 17% of 39 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.3/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
1.1/10

Is it financially healthy right now?

Leverage 353%: owes 353¢ per asset dollar.

weight 45% of this tense · 11th percentile among 39 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Eos Energy Enterprises, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned less than nothing, about minus 16 cents per dollar of everything the company owns. Leverage: it owed about 353 cents per dollar of assets, and net share issuance: its share count grew 23.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 1% of its family
  • gross profit against assetsbottom 7% of its family
  • the share count against the year beforebottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.4/10

How strong is its position in its industry?

top 46% of 39 in its family; net margin -849.1%.

weight 33% of this tense · 54th percentile among 39 sector filers · read for its customers

From the record

Eos Energy Enterprises, Inc.'s standing among 39 graded names in its industry family: revenue of $114 million in fiscal 2025 ranks in the top 37% by size; a net margin of -849.1% ranks in the bottom 9%; revenue growth of 85.4% a year over the last 3 filed years ranks in the top 9% (its annual reports).

What it rests on

  • revenue against the family$114Mtop 37% of its family
  • net margin-849.1%bottom 9% of its family
  • three-year revenue growth85.4%top 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.4/10

What are the people in charge doing?

bottom 44% of 24 in its family for leadership; chief executive since 2020.

weight 22% of this tense · 44th percentile among 24 sector filers · read for its shareholders

From the record

Eos Energy Enterprises, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Mastrangelo, Joe (Chief Executive Officer, as filed), filing under that title since 2020-11-23, 6 years (top 24% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 2.9 years (bottom 25%); 16 officer or director changes were reported on Form 8-K since 2023-11-13, against the 18 people in charge now (bottom 31%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge16 in three years among 18 peoplebottom 31% of its family
  • the median years the people in charge have filed2.9 yearsbottom 25% of its family
  • the chief executive's years on the record6.0 yearstop 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.9/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
2.6/10

How much room does it have to grow?

bottom 27% of 39 in its family for room to expand.

weight 45% of this tense · 27th percentile among 39 sector filers · read for itself

From the record

Eos Energy Enterprises, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $625 million against debt of $813 million leaves -21.3% of its assets as net cash, bottom 11% of its family; cash from operations less capital spending is -232% of revenue (bottom 17%); a gross margin of -125.9% (bottom 4%); research spending of 25% of revenue (top 26%) (its annual report).

What it rests on

  • cash less debt against assets-21.3%bottom 11% of its family
  • cash from operations less capital spending against revenue-232.0%bottom 17% of its family
  • gross margin-125.9%bottom 4% of its family
  • research spending against revenue25.0%top 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.4/10

What could actually drive growth from here?

top 36% of 35 in its family for growth drivers.

weight 33% of this tense · 64th percentile among 35 sector filers · read for its customers

From the record

Eos Energy Enterprises, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 85.4% a year over the last three filed years against 147.5% over all 7, slowing (bottom 5% of its family); the newest year grew 632.8% (top 1%); research spending grew 15.6% a year (top 35%); capital spending grew 38.9% a year (top 14%) (its annual reports). Eos Energy Enterprises, Inc. reported 2 product lines in fiscal 2025: Product at $112 million (98%), Service at $2 million (2%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-62.2 points a yearbottom 5% of its family
  • the newest year's revenue growth632.8%top 1% of its family
  • three-year growth of research spending15.6%top 35% of its family
  • three-year growth of capital spending38.9%top 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.1/10

Did its newest year beat what its own record pointed to?

top 29% of 35 in its family for expectations against reality.

weight 22% of this tense · 71st percentile among 35 sector filers · read for its shareholders

From the record

Eos Energy Enterprises, Inc.'s newest year against its own record: revenue of $114 million in fiscal 2025 came in 684.2% above the $15 million its prior three years' pace pointed to (top 4% of its family); net income of $970 million against a prior three-year average of $382 million (bottom 19%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 1%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace684.2%top 4% of its family
  • net income against the prior three years' average-154%bottom 19% of its family
  • net margin against its prior averageup more than 100 pointstop 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton EOSE · research, not advice