ZEO

Revenue increases 50% over prior year quarter, driven by increase in solar system installations NEW PORT RICHEY, Fla., May 18, 2026 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo,” “Zeo Energy,” or the “Company”), a provider of residential solar and commercial long-duration energy-storage solutions, today reported financial results for the first quarter March 31, 2026. First Quarter Financial and Operational Highlights First quarter revenue was $13.2 million, up 50% from $8.8 million in the prior year period. Gross profit margin for the quarter increased to $5.6 million from $4.0 million in the prior year period. Contribution profit increased to $2.2 million from a loss of $(2.8) million in the prior year period. First quarter Adjusted EBITDA, a non-GAAP financial measure, was a loss of $(2.9) million, an improvement from a Adjusted EBITDA loss of $(5.5) million in the prior year period. Management Commentary “We grew revenue significantly year-over-year as we continue to focus on core states with low solar penetration rates and large upside potential,” said ZEO Energy Corp. CEO Tim Bridgewater. “Despite the first quarter normally being our slowest period due to the seasonality of our business that peaks in the summer months, we delivered over 50% top-line growth while also reducing our cash operating expenses. We are also continuing to look for ways to reduce costs as we did in the first quarter, especially considering the shift to domestic content sourcing which carries higher costs.” “At the same time, our work under the memorandum of understanding with Creekstone continues to progress and we will share more details with our investors as they become available. Looking ahead, we remain optimistic about our growth potential in both the residential solar business and our long-duration energy storage business in 2026 and beyond.” First Quarter 2026 Financial Results Results compare the first quarter of 2026 ending March 31, 2026, to the first quarter of 2025 ending March 31, 2025. Total revenue was $13.2 million in the first quarter of 2026, up 50% from $8.8 million in the 2025 period as a result of an increase in the number of solar system installations. Gross profit increased to $5.6 million, 42.5% of total revenue, in the first quarter of 2026 from $4.0 million, 45.5% of total revenue, in the prior year period due to increased revenue while margi...

NEW PORT RICHEY, Fla., April 01, 2026 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo,” “Zeo Energy,” or the “Company”), a provider of residential solar and commercial long-duration energy-storage solutions, today reported financial results for the fourth quarter and twelve months ended December 31, 2025. Recent Financial and Operational Highlights Fourth quarter revenue was $18.6 million, in line with revenue from the prior year period. Gross margin increased by 50 basis points to 43.5%, up from 43.0% in the prior year. On February 18, 2026, Zeo Energy signed a memorandum of understanding (“MOU”) with Creekstone Energy to develop approximately 280 megawatt (MW) of baseload energy generation and long-duration energy storage to support Creekstone's data center under construction in Millard County, Utah. Management Commentary “In 2025, we delivered consistent revenue in a challenging operating environment while also managing our core operating costs,” said Zeo Energy Corp. CEO Tim Bridgewater. “Zeo remains well positioned to capitalize on the rapidly changing environment in residential solar sector, particularly given the low overall penetration rates in some of the most attractive markets. Looking ahead to 2026, we expect our core residential solar business to grow materially, with the goal of growth in line with what we experienced in the third quarter of 2025 before we encountered weather-related delays at the end of this past year. We also expect our Adjusted EBITDA margins to return to the mid-to-high single digits. At the same time, we are continuing to expand into favorable new geographic markets, like Virginia, and attract top sales talent that values our competitive differentiation, both of which have us set up well for future growth in 2026.” “Separately, our 2025 acquisition of Heliogen positions us to expand beyond residential applications into the large commercial market. Our Heliogen efforts have begun to bear fruit as evidenced by the MOU we signed last month with Creekstone Energy to explore the ability of Zeo to support the power needs of Creekstone’s gigasite facility, which is intended for cloud computing and AI applications. We are engaged in several other discussions with potential data center and commercial customers seeking large-scale, behind-the-meter energy solutions utilizing Heliogen’s photovoltaic (PV) solar and energy sto...

NEW PORT RICHEY, Fla., Nov. 14, 2025 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo,” “Zeo Energy,” or the “Company”), a Florida-based provider of residential solar and commercial long-duration energy-storage solutions, today reported financial results for the third quarter and nine months ended September 30, 2025. Recent Financial and Operational Highlights Third quarter net revenue was approximately $23.9 million, a 32% increase from the second quarter and a 22% increase from the third quarter of 2024. Third quarter Adjusted EBITDA, a non-GAAP financial measure, was $2.0 million, an improvement from $1.4 million in the second quarter and $(0.2) million in the third quarter of 2024. The Company’s completed acquisition, during the third quarter, of Heliogen, a provider of on-demand clean energy technology solutions, provides the company with an opportunity to establish a division focused on long-duration energy generation and storage for commercial and industrial-scale facilities, including artificial intelligence (AI) and cloud computing data centers. As a result of the acquisition of Heliogen, the Company has begun to receive strong interest from potential customers interested in solutions supported by Heliogen’s technology, including data centers and other energy infrastructure projects. Management Commentary “While the broader residential solar market remains challenging, we believe that we have demonstrated a consistent ability to maintain revenue and manage our costs, positioning us well as conditions improve,” said Zeo Energy Corp. CEO Tim Bridgewater. “In the third quarter we generated approximately $23.9 million in net revenue, up more than 20% from the third quarter of 2024. Looking ahead, we expect Q4 net revenues to be consistent with Q3, having stabilized in the near term as we navigate typical seasonality associated with the year end. At the same time, we are continuing to expand into favorable new markets, like Virginia, and attract top sales talent that values our competitive differentiation, both of which we believe have us set up well for future growth in 2026. “Separately, our recently completed acquisition of Heliogen has begun to create additional interest and awareness for the business with exciting potential new opportunities on the horizon. More specifically, we are engaged in several discussions with potential data center a...

Explore Zeo Energy's Fair Values from the Community and select yours Revenue: US$18.1m (up 22% from 2Q 2024). Net loss: US$2.42m (loss widened by US$2.14m from 2Q 2024). US$0.11 loss per share (further deteriorated from US$0.055 loss in 2Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Zeo Energy's share price is broadly unchanged from a week ago. Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Zeo Energy that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

NEW PORT RICHEY, Fla., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo,” “Zeo Energy,” or the “Company”), a Florida-based provider of residential solar and energy efficiency solutions, today reported financial results for the second quarter and six months ended June 30, 2025. Recent Operational Highlights Completed acquisition of Heliogen, a provider of on-demand clean energy technology solutions, allowing the company to establish a division focused on long-duration energy generation and storage for commercial and industrial-scale facilities, including artificial intelligence (AI) and cloud computing data centers. Successfully staffed and sold into existing and new markets, including Virginia, during the peak summer sales season. Joined the Russell Microcap® Index following the conclusion of the 2025 Russell US Indexes annual reconstitution. Management Commentary “In the second quarter we returned to growth and executed well through most of our peak selling season,” said Zeo Energy Corp. CEO Tim Bridgewater. “During the period we generated $18.1 million in revenue, a 22% increase from the prior year driven by our expansion into new markets and the early results of our investments in a year-round sales force. At the same time, we remain committed to profitable growth, which has enabled us to operate with a long-term outlook, even during subdued residential solar market conditions. Our recently completed acquisition of Heliogen is a clear example of this approach in action. Heliogen’s strong balance sheet bolsters our current competitive positioning while its long-duration energy storage technology also diversifies our revenue streams into attractive and growing markets including behind-the-meter energy solutions for data center customers. As we head into the second half of the year, we are well positioned to build on our current momentum and are actively pursuing additional growth opportunities in a favorable buyer’s market.” First Six Months 2025 Financial Results Results compare the six months ended June 30, 2025 to the six months ended June 30, 2024. Total revenue was $26.9 million, a 23.0% decrease from $34.9 million in the comparable 2024 period. The primary reason for the decrease in revenue was a decrease in deferred revenue recognized in first quarter of 2025 compared to the first quarter of 2024. The first quarter of 2024 benef...

NEW PORT RICHEY, Fla., June 16, 2025 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo”, “Zeo Energy”, or the “Company”), a Florida-based provider of residential solar and energy efficiency solutions, today reported financial results for the first quarter ended March 31, 2025. Recent Operational Highlights Entered into a definitive agreement to acquire Heliogen, a provider of on-demand clean energy technology solutions, allowing the company to establish a division focused on long-duration energy generation and storage for commercial and industrial-scale facilities, including artificial intelligence (AI) and cloud computing data centers. Recruited and retained adequate staff ahead of the peak summer sales season. Management Commentary “In the first quarter of 2025, we continued to navigate the challenging solar market and successfully generated $8.8 million of revenue,” said Zeo Energy Corp. CEO Tim Bridgewater. “As announced last month, we were able to take advantage of the softer sector conditions by entering into a definitive agreement to acquire Heliogen. We believe that this proposed acquisition positions us to expand beyond traditional residential solar and into adjacent clean energy verticals with long-term upside. This move will also enhance our balance sheet and diversify our revenue base going forward.” “As anticipated, in Q1 we experienced a slowdown due to the seasonality of our intensive summer sales model. This slowdown was exacerbated by the current high-interest rate environment. We've maintained our strategic focus during this period, streamlining operations and strengthening our sales team ahead of the critical summer season that is now underway. Looking ahead, we remain confident in our full-year outlook. We expect meaningful improvement in the latter half of the year as market activity increases.” First Quarter 2025 Financial Results Results compare the 2025 first quarter ended March 31, 2025 to the 2024 first quarter ended March 31, 2024. Total revenue was $8.8 million in Q1 2025, a 56.4% decrease from $20.1 million in the comparable 2024 period. The decrease was primarily due to higher interest rates creating a challenging environment for residential solar direct sales. Gross profit decreased to $3.8 million (43.0% of total revenue) in Q1 2025 from $6.0 million (29.9% of total revenue) in the comparable 2024 period. The decrease w...

NEW PORT RICHEY, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo”, “Zeo Energy”, or the “Company”), a leading Florida-based provider of residential solar and energy efficiency solutions, today reported financial results for the fourth quarter and full year ended December 31, 2024. Recent Financial and Operational Highlights Reported $73.2 million of revenue in 2024 despite pricing challenges from a prolonged, higher interest rate environment Reported $2.0 million of adjusted EBITDA in 2024, driven by the Company’s flexible operating model and disciplined cost management Completed the integration of Lumio’s assets, which were acquired in November 2024 as part of Zeo’s market expansion plan Secured $4.0 million in December to develop a year-round sales force and expand market presence, accelerating the Company’s growth trajectory heading into the second half of 2025 Achieved 6th straight year of positive adjusted EBITDA Management Commentary “While 2024 was a challenging year for the solar business as a whole, we are entering 2025 with a sense of renewed optimism around the opportunities ahead,” said Zeo Energy Corp. CEO Tim Bridgewater. “In a consolidating market, we remain positioned to acquire compelling renewable energy assets at attractive valuations to fuel our growth and gain market share over the intermediate term. Our November transaction with Lumio is an example of our ability to identify targets that offer Zeo accretive value with improved geographic and strategic positioning. “Financially, thanks to our continued focus on efficiency as well as the flexibility in our operating model, we drove our sixth straight year of positive adjusted EBITDA. At the same time, our topline performance largely stabilized quarter-over-quarter, which was encouraging to see as we move through our traditionally slower seasons with limited sales in Q4 and Q1. As of today, our expanded recruitment initiatives remain on target as we begin our peak summer sales season in the second quarter of 2025. Put together, we believe we have the right strategy to operate sustainably today and to thrive over the long term.” Full Year 2024 Financial Results Results compare the full year ended December 31, 2024 to the full year ended December 31, 2023. Total revenue was $73.2 million in 2024, a 33.2% decrease from $109.7 million in 2023. The decrease was prima...