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Financials · ZEO

Zeo Energy Corporation (ZEO) financials

For the twelve months ended Jun 30, 2026, Zeo Energy Corporation reported $71.82M of revenue and -$11.08M of net income.

Revenue, TTM
$71.82M
Revenue growth, YoY
+10.2%
Net income, TTM
-$11.08M
Net margin
-15.4%
Free cash flow, TTM
-$6.28M
Cash
$2.45M
Total debt
$42.8K
P/S
0.17
Market cap
$12.4M
Annual revenue$69.35M
FY2023FY2025
Annual net income-$14.01M
FY2022FY2025
Annual free cash flow-$9.91M
FY2023FY2025

ZEO revenue and earnings growth

ZEO revenueQ2 2026$16.17M

Quarter YoY
-10.7%
QoQ
+22.6%
FY YoY
-5.3%

ZEO revenue was $16.17M in fiscal Q2 2026 (ended Jun 30, 2026), down 10.7% from a year earlier and up 22.6% from the prior quarter. For the full fiscal 2025 it was $69.35M, down 5.3% from fiscal 2024.

ZEO net incomeQ2 2026-$2.34M

ZEO net income was -$2.34M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$2.42M a year earlier. For the full fiscal 2025 it was -$14.01M, compared with -$2.67M in fiscal 2024.

ZEO free cash flowQ2 2026-$662.4K

ZEO free cash flow was -$662.4K in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$2.72M a year earlier. For the full fiscal 2025 it was -$9.91M, compared with -$9.09M in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
Revenue$69.35M$73.24M$109.69M-
Cost of revenue$31.07M$38.07M$119.8K-
Gross profit$38.28M$35.18M$109.57M-
Selling, general and admin$27.54M$21.56M$12.95M$120.0K
Operating income-$20.53M-$10.80M$5.14M-$2.83M
Interest expense$155.5K$333.5K$110.9K-
Pre-tax income-$19.37M-$10.84M$4.85M-
Income tax$263.6K-$963.8K--
Net income-$14.01M-$2.67M$4.85M$14.33M
EPS, basic--$0.48$4.85-
EPS, diluted--$0.48$4.85-
Diluted shares-5.5M1.0M-

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
Cash and equivalents$6.14M$5.63M$8.02M$2.27M
Receivables$8.16M$8.99M$2.91M-
Inventory$852.2K$872.5K$350.4K-
Current assets$22.55M$18.89M$16.23M$645.9K
Goodwill$27.09M$27.01M$27.01M-
Total assets$56.93M$60.98M$48.09M$286.15M
Current liabilities$8.39M$14.97M$15.52M$2.18M
Short-term debt$9.98M$3.46M--
Long-term debt$55.6K$496.6K--
Total debt$10.03M$3.96M--
Total liabilities$9.45M$18.06M$17.46M$12.64M
Shareholders' equity$5.33M-$88.91M$30.62M$31.28M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
Operating cash flow-$8.69M-$8.72M$11.98M$3.28M
Capital expenditures$1.22M$369.1K$1.03M-
Free cash flow-$9.91M-$9.09M$10.94M-
Investing cash flow$13.37M-$7.37M-$1.03M-$3.98M
Financing cash flow-$4.17M$13.70M-$5.19M-
Dividends paid$621.1K$139.1K--
Share repurchases--$272.55M-
Stock-based compensation$6.40M$7.70M--
Depreciation and amortization$136.5K$136.5K$1.84M-

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
Revenue growth, YoY-5.3%-33.2%--
Net income growth, YoY---66.2%-
Gross margin55.2%48.0%99.9%-
Operating margin-29.6%-14.8%4.7%-
Net margin-20.2%-3.6%4.4%-
Free cash flow margin-14.3%-12.4%10.0%-
Return on equity-262.8%-15.8%45.8%
Return on assets-24.6%-4.4%10.1%5.0%
Current ratio2.691.261.050.30
Debt to equity1.88---

Source: XBRL data Zeo Energy Corporation files with the SEC, latest filing dated Aug 14, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ZEO peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ZEO$71.82M+10.2%-$11.08M-15.4%$12.4M
ASML€32.67B+15.6%€9.61B29.4%$581.15B
LRCX$26.13B+33.4%$8.45B32.3%$277.80B
TMO$47.35B+8.3%$7.07B14.9%$266.10B
DE$47.98B+8.0%$4.87B10.2%$185.41B
DHR$25.61B+5.5%$4.33B16.9%$166.11B
ETN$31.98B+20.1%$3.90B12.2%$137.61B
JCI$24.43B+5.1%$3.53B14.5%$85.48B
ITW$16.65B+4.8%$3.23B19.4%$81.86B

ZEO FAQ

8 questions
  • What is ZEO revenue?
    Zeo Energy Corporation (ZEO) reported $71.82M of revenue for the twelve months ended Jun 30, 2026. That is up 10.2% from the year before. Revenue for fiscal 2025 was $69.35M.
  • Is ZEO profitable?
    No. Zeo Energy Corporation reported a net loss of $11.08M for the twelve months ended Jun 30, 2026.
  • How much cash and debt does ZEO have?
    Zeo Energy Corporation reported $2.45M in cash and cash equivalents and $42.8K of debt on its most recent balance sheet in SEC filings.
  • How fast is ZEO revenue growing?
    Zeo Energy Corporation's revenue changed -5.3% in fiscal 2025, to $69.35M.
  • What is ZEO gross margin?
    Zeo Energy Corporation's gross profit was $36.70M on $71.82M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 51.1%.
  • What is ZEO free cash flow?
    Zeo Energy Corporation generated -$6.28M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of -$5.46M less capital expenditures.
  • When did ZEO last report financial results?
    The latest statements here come from Zeo Energy Corporation's 10-Q filed on Aug 14, 2026, covering the period ended Jun 30, 2026.
  • Where does this ZEO financial data come from?
    Quantisnow builds these statements from the structured XBRL data Zeo Energy Corporation files with the SEC. It is provided for information only and is not investment advice.