Eos Energy Enterprises, Inc. balance sheet

At the end of fiscal 2025, Eos Energy Enterprises, Inc. had total assets of $885m, total liabilities of $1.76bn and shareholders' equity of −$2.24bn. It held $568m in cash against $939m of debt: net debt of $371m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Eos Energy Enterprises, Inc.: balance sheet, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	1	122	105	17	69	74	568	305
Receivables	—	0	2	2	3	3	7	—
Inventory	0	0	13	23	17	33	59	75
Total current assets	6	127	143	55	122	180	708	514
Goodwill	—	0	4	4	4	4	4	4
Total assets	13	138	169	107	186	260	885	907
Accounts payable	0	3	13	35	21	17	100	106
Deferred revenue (current)	0	0	1	4	3	22	15	8
Total current liabilities	87	14	30	61	61	65	144	158
Short-term debt	77	1	7	6	3	2	0	0
Long-term debt	0	0	103	170	201	315	813	617
Total debt	77	1	129	220	239	396	939	948
Total liabilities	87	17	137	239	297	842	1,763	1,224
Shareholders' equity	−184	121	32	−133	−111	−1,070	−2,239	−1,031
Non-controlling interests and other (assets − liabilities − equity)	109	—	—	—	—	489	1,362	713
Net debt (negative = net cash)	76	−121	24	203	169	321	371	643
Shares outstanding	8m	—	108m	—	—	222m	—	341m

US$ millions unless shown otherwise. Fiscal quarters.

Eos Energy Enterprises, Inc.: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	3	3	7	3	5	7	4	—
Inventory	26	33	40	41	48	59	59	75
Total current assets	149	180	186	232	189	708	590	514
Goodwill	4	4	4	4	4	4	4	4
Total assets	217	260	263	361	328	885	799	907
Accounts payable	24	17	24	40	52	100	77	106
Deferred revenue (current)	9	22	40	37	17	15	7	8
Total current liabilities	75	65	91	104	103	144	125	158
Short-term debt	3	2	1	1	1	0	0	0
Long-term debt	185	315	324	444	448	813	620	617
Total debt	187	317	326	445	448	813	620	617
Total liabilities	635	842	695	932	1,425	1,763	1,085	1,224
Shareholders' equity	−574	−1,070	−942	−1,103	−2,320	−2,239	−868	−1,031
Non-controlling interests and other (assets − liabilities − equity)	156	489	511	532	1,223	1,362	583	713
Shares outstanding	217m	222m	227m	256m	282m	337m	339m	341m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Eos Energy Enterprises, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Eos Energy Enterprises, Inc.