EOSE jumps after predicting Q2 revenue of $68M-$69M and reporting an $807M backlog, signaling strong growth momentum.
Eos Energy Enterprises (NASDAQ: EOSE) shares rose 4.6% after announcing preliminary second-quarter revenue between $68 million and $69 million, a record for the company. The forecast suggests first-half 2026 revenue will exceed full-year 2025 results, reflecting accelerating demand for its battery energy storage solutions.
The company also reported a record backlog of $807 million as of June 30, up from prior levels. Eos recently expanded production capacity and partnered with Cerberus to form Frontier Power USA, which will develop long-duration battery projects using Eos’s technology.
Investors reacted positively to the update, with EOSE shares climbing 10% earlier in the session before settling at a 4.6% gain. The company will release full financial results on August 5.