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

Zeo Energy's Cost of Revenue history runs 5 years deep, the most recent figure standing at $7.6 million for 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 was $7.6 million for Q1 2026 at Zeo Energy, down from $8.9 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $59.1 million in Q4 2023 and bottomed at $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 tumbled 87.72%.
• Zeo Energy's Cost of Revenue stood at $86544.0 in 2022, then soared by 68235.69% to $59.1 million in 2023, then tumbled by 87.72% to $7.3 million in 2024, then gained by 23.09% to $8.9 million in 2025, then slipped by 15.2% to $7.6 million in 2026.
• Business Quant data shows ZEO's Cost of Revenue at $7.6 million in Q1 2026, $8.9 million in Q4 2025, and $10.1 million in Q3 2025.