Eos Energy Enterprises, Inc. announced on January 16, 2025, preliminary revenue results for the full-year ended December 31, 2024, and its revenue outlook for 2025. The company expects to achieve its revised $15 million revenue guidance for full-year 2024, driven by increased customer deliveries during the fourth quarter.
The improvement in Q4 deliveries resulted from stabilizing a prior supply chain bottleneck associated with Z3 Inline Energy Cube deliveries, enhanced performance by an existing supplier, and additional new supplier capacity. Looking ahead, Eos expects to achieve 2025 revenue between $150 million and $190 million, aligning with its December 2023 Strategic Outlook, and anticipates at least 10x top-line growth in 2025.
To accelerate opportunity pipeline conversion, Eos successfully launched a comprehensive insurance program with Ariel Green, a division of Ariel Re, to enhance its technology bankability. These products include investment tax credit (ITC) and ITC claw back protections, along with contractual warranty and performance guarantee backstop coverage, providing enhanced risk mitigation and greater operational and economic certainty for customers.
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