Zeo Energy (ZEO) Cost of Revenue (2023 - 2026)
Zeo Energy's Cost of Revenue came in at $8.55 million for Q2 2026, up 17.3% from $7.28 million a year earlier and up 12.7% from the prior quarter.
Zeo Energy (ZEO) Cost of Revenue (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Zeo Energy reported Cost of Revenue of $35.12 million, up 20.6% year-over-year; for FY2025, it was $31.07 million, down 18.4% from FY2024.
- Going back by year, Cost of Revenue was $38.07 million in FY2024 (-36.0%) and $59.44 million in FY2023.
- The five-year range for quarterly Cost of Revenue is $4.79 million (Q1 2025) to $18.08 million (Q2 2023).
- Year-over-year, Cost of Revenue has increased for five consecutive quarters, with growth averaging 6.5% over the last six quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q1 2026 (growth of 58.3%), and the weakest in Q1 2025 (a decline of 65.7%).
- Business Quant data shows ZEO's Cost of Revenue at $7.58 million (Q1 2026), $8.94 million (Q4 2025) and $10.05 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 82.10 Bn | 80.29 Bn | 1.55 Bn | 8.01 Bn |
| 2 | Ferrovial | 35.78 Bn | 16.09 Bn | - | - |
| 3 | Emcor | 28.64 Bn | 25.04 Bn | 1.02 Bn | 4.13 Bn |
| 4 | Jacobs Solutions | 16.99 Bn | 11.64 Bn | 810.70 Mn | 3.27 Bn |
| 5 | Mastec | 13.74 Bn | 12.65 Bn | 556.28 Mn | 3.82 Bn |
| 6 | Sterling Infrastructure | 10.90 Bn | 9.26 Bn | 289.96 Mn | 878.22 Mn |
| 7 | IES Holdings | 8.51 Bn | 7.37 Bn | 340.66 Mn | 902.04 Mn |
| 8 | Stantec | 8.11 Bn | 7.04 Bn | 1.36 Bn | 1.15 Bn |
| 9 | Aecom | 7.78 Bn | 3.11 Bn | -34.04 Mn | 3.62 Bn |
| 10 | Zeo Energy | 21.27 Mn | 24.91 Mn | 7.62 Mn | 8.55 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.55 Mn |
| Mar 31, 2026 | 7.58 Mn |
| Dec 31, 2025 | 8.94 Mn |
| Sep 30, 2025 | 10.05 Mn |
| Jun 30, 2025 | 7.28 Mn |
| Mar 31, 2025 | 4.79 Mn |
| Dec 31, 2024 | 7.26 Mn |
| Sep 30, 2024 | 9.79 Mn |
| Jun 30, 2024 | 7.06 Mn |
| Mar 31, 2024 | 13.96 Mn |
| Jun 30, 2023 | 18.08 Mn |
| Mar 31, 2023 | 10.69 Mn |
Zeo Energy Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ZEO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "ZEO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ZEO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();