Zeo Energy ZEO
NASDAQ ZEO
$0.41 -0.04 (-9.29%)
At close: Aug 21, 2026 · 4:00 PM EDT

Zeo Energy (ZEO) Cost of Revenue (2022 - 2026)

Zeo Energy's (ZEO) quarterly Cost of Revenue came in at $7.6 million in Q1 2026, up 58.26% YoY from $4.8 million in Q1 2025, and down 15.2% on a QoQ basis from $8.9 million in Q4 2025.

Zeo Energy (ZEO) Cost of Revenue (2022 - 2026) Analysis & Trends

Zeo Energy (ZEO) has 5 years of Cost of Revenue data on file, last reported at $7.6 million in Q1 2026.

  • Quarterly Cost of Revenue rose 58.26% year-over-year to $7.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $33.9 million (up 17.16% YoY) and the FY2025 annual result came in at $31.1 million, down 18.39% from the prior year.
  • Cost of Revenue retreated to $7.6 million in Q1 2026, from $8.9 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $59.1 million in Q4 2023 to a low of $20385.0 in Q3 2022.
  • A 5-year average of $9.7 million and a median of $7.3 million in 2025 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2023 — Cost of Revenue jumped 68235.69% — and 2024, when it plunged 87.72%.
  • Tracing ZEO's Cost of Revenue over 5 years: stood at $86544.0 in 2022, then jumped by 68235.69% to $59.1 million in 2023, then sank by 87.72% to $7.3 million in 2024, then increased by 23.09% to $8.9 million in 2025, then retreated by 15.2% to $7.6 million in 2026.
  • The last three Cost of Revenue figures came in at $7.6 million (Q1 2026), $8.9 million (Q4 2025), and $10.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 First Solar 23.03 Bn 21.30 Bn 605.00 Mn 451.19 Mn
2 Nextpower 13.03 Bn 11.82 Bn 335.85 Mn 599.32 Mn
3 Enphase Energy 5.10 Bn 4.16 Bn 175.01 Mn 116.84 Mn
4 Sunrun 2.19 Bn 2.19 Bn 527.54 Mn 342.45 Mn
5 Solaredge Technologies 1.89 Bn 1.31 Bn 95.15 Mn 251.09 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 113.85 Mn
7 Canadian Solar 985.60 Mn -602.69 Mn 124.40 Mn 1.09 Bn
8 JinkoSolar Holding 833.21 Mn -2.48 Bn 147.66 Mn 1.63 Bn
9 Array Technologies 727.02 Mn 419.71 Mn 99.60 Mn 242.46 Mn
10 Zeo Energy 14.58 Mn 11.64 Mn 7.62 Mn 8.55 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.58 Mn
Mar 31, 2026 7.58 Mn
Dec 31, 2025 8.94 Mn
Dec 31, 2025 8.94 Mn
Sep 30, 2025 10.05 Mn
Sep 30, 2025 10.05 Mn
Jun 30, 2025 7.28 Mn
Jun 30, 2025 7.28 Mn
Mar 31, 2025 4.79 Mn
Mar 31, 2025 4.79 Mn
Dec 31, 2024 7.26 Mn
Dec 31, 2024 7.26 Mn
Sep 30, 2024 9.79 Mn
Sep 30, 2024 9.79 Mn
Jun 30, 2024 7.06 Mn
Jun 30, 2024 7.06 Mn
Mar 31, 2024 13.96 Mn
Mar 31, 2024 13.96 Mn
Dec 31, 2023 59.14 Mn
Dec 31, 2023 59.14 Mn