Eos Energy Reaffirms Revenue Outlook, Sets Q4 Adjusted Gross Margin Target

Eos Energy Enterprises, Inc. reaffirmed its 2026 revenue outlook at $300 million to $325 million and set a fourth-quarter adjusted gross margin target of negative 25% to negative 20%.

In the third quarter, revenue rose 171% from a year earlier, gross margin was negative 53%, and adjusted EBITDA loss totaled $63.8 million, as detailed in the company’s third-quarter results.

CEO and Director Joseph Mastrangelo said, “Our team delivered a strong operating quarter. We delivered the most cubes in our history while continuing to drive product cost out.”