News about EOS Energy

EOS Energy (EOSE) shares jumped as much as 11% at the open after the energy storage company released preliminary third-quarter 2026 results, but had slipped 2.3% by 1:24 p.m. ET. The company expects Q3 2026 revenue of $82 million to $83 million, up 169% to 172% year over year, and a gross margin of negative 55% to negative 53%, about 17 percentage points better than Q2 2026 at the midpoint. Its backlog reached $765 million at the end of September 2026, up 18.8% from $644 million a year earlier. The full Q3 2026 results are due before the market opens on Nov. 5.