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

Zeo Energy (ZEO) reported Cost of Revenue of $3.0 million for Q1 2026, down 37.12% on a YoY basis from $4.8 million in Q1 2025, and down 66.31% quarter-over-quarter from $8.9 million in Q4 2025.

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

Zeo Energy has reported Cost of Revenue for 5 years, with the latest figure 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.
  • The five-year high for Cost of Revenue was $18.1 million in Q2 2023, with the low at $20385.0 in Q3 2022.
  • Historically, Cost of Revenue has averaged $6.3 million across 5 years, with a median of $6.6 million in 2024.
  • Annual changes were most pronounced in 2023 — Cost of Revenue jumped 42066.52% — and 2024, when it plunged 67.57%.
  • Zeo Energy's Cost of Revenue stood at $86544.0 in 2022, then surged by 12044.2% to $10.5 million in 2023, then sank by 67.57% to $3.4 million in 2024, then surged by 162.23% to $8.9 million in 2025, then plunged 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 28.68 Bn 26.25 Bn 486.13 Mn 558.11 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 583.14 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 48.09 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 242.22 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 178.53 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 99.55 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 160.41 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 1.63 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 14.40 Mn
10 Zeo Energy 27.32 Mn 42.61 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 8.94 Mn
Dec 31, 2025 8.94 Mn
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 4.79 Mn
Mar 31, 2025 4.79 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 10.51 Mn
Dec 31, 2023 10.51 Mn