Growth Metrics

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

Zeo Energy posted quarterly Cost of Revenue of $3.0 million for Q1 2026, down 37.12% year-on-year from $4.8 million in Q1 2025, and down 66.31% on a QoQ basis from $8.9 million in Q4 2025.

Zeo Energy (ZEO) has 5 years of Cost of Revenue data on file, last reported at $3.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue fell 37.12% year-over-year to $3.0 million; the trailing twelve-month figure through Mar 2026 stood at $27.2 million (up 8.47% YoY), and the FY2025 full-year result was $31.1 million, up 58.61% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $3.0 million, down from $8.9 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $18.1 million in Q2 2023 and bottomed at $20385.0 in Q3 2022.
  • The 5-year median for Cost of Revenue is $6.6 million (2024), against an average of $6.3 million.
  • The widest annual swing landed in 2023, when Cost of Revenue jumped 42066.52%; it then slumped 67.57% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $86544.0 in 2022, then soared by 12044.2% to $10.5 million in 2023, then plunged by 67.57% to $3.4 million in 2024, then soared by 162.23% to $8.9 million in 2025, then tumbled by 66.31% to $3.0 million in 2026.
  • The last three Cost of Revenue figures came in at $3.0 million (Q1 2026), $8.9 million (Q4 2025), and $9.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 558.11 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 583.14 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 1.09 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 48.09 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 242.22 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 178.53 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 99.55 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 160.41 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 1.63 Bn
10 Zeo Energy 30.53 Mn 45.82 Mn 10.17 Mn 3.01 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 3.01 Mn
Mar 31, 2026 3.01 Mn
Dec 31, 2025 570,573.00
Dec 31, 2025 570,573.00
Sep 30, 2025 9.59 Mn
Sep 30, 2025 9.59 Mn
Jun 30, 2025 5.63 Mn
Jun 30, 2025 5.63 Mn
Mar 31, 2025 2.14 Mn
Mar 31, 2025 2.14 Mn
Dec 31, 2024 3.41 Mn
Dec 31, 2024 3.41 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 6.55 Mn
Mar 31, 2024 6.55 Mn
Dec 31, 2023 39.62 Mn
Dec 31, 2023 39.62 Mn
Sep 30, 2023 8.60 Mn
Sep 30, 2023 8.60 Mn
Jun 30, 2023 18.08 Mn
Jun 30, 2023 18.08 Mn
Mar 31, 2023 10.69 Mn
Mar 31, 2023 10.69 Mn
Dec 31, 2022 86,544.00
Dec 31, 2022 86,544.00
Sep 30, 2022 20,385.00
Sep 30, 2022 20,385.00
Jun 30, 2022 79,833.00
Jun 30, 2022 79,833.00
Mar 31, 2022 81,121.00
Mar 31, 2022 81,121.00