Zeo Energy (ZEO) EBITDA (2022 - 2026)
Zeo Energy posted quarterly EBITDA of -$3.5 million for Q1 2026, up 44.99% year-on-year from -$2.4 million in Q1 2025, and down 74.4% on a QoQ basis from -$2.0 million in Q4 2025.
Zeo Energy (ZEO) has 5 years of EBITDA data on file, last reported at -$3.5 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA rose 44.99% year-over-year to -$3.5 million; the trailing twelve-month figure through Mar 2026 stood at -$11.4 million (down 17.02% YoY), and the FY2025 full-year result was -$14.0 million, down 425.07% from the prior year.
- EBITDA for Q1 2026 stood at -$3.5 million, down from -$2.0 million in the prior quarter.
- Across five years, EBITDA topped out at $4.1 million in Q3 2023 and bottomed at -$6.4 million in Q1 2025.
- The 5-year median for EBITDA is -$1.2 million (2022), against an average of -$1.3 million.
- The widest annual swing landed in 2023, when EBITDA soared 1331.1%; it then tumbled 661.3% in 2025.
- A 5-year view of EBITDA shows it stood at -$1.2 million in 2022, then retreated by 1.07% to -$1.2 million in 2023, then surged by 64.87% to -$435346.0 in 2024, then plunged by 360.93% to -$2.0 million in 2025, then tumbled by 74.4% to -$3.5 million in 2026.
- The last three EBITDA figures came in at -$3.5 million (Q1 2026), -$2.0 million (Q4 2025), and -$3.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -64.06 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -29.64 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -55.04 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -43.51 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 9.92 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 9.51 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -84.91 Mn |
| 10 | Zeo Energy | 30.53 Mn | 45.82 Mn | 10.17 Mn | -3.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.50 Mn |
| Dec 31, 2025 | -2.01 Mn |
| Sep 30, 2025 | -3.23 Mn |
| Jun 30, 2025 | -2.64 Mn |
| Mar 31, 2025 | -13.29 Mn |
| Dec 31, 2024 | -435,346.00 |
| Sep 30, 2024 | -424,262.00 |
| Jun 30, 2024 | -2.50 Mn |
| Mar 31, 2024 | -3.88 Mn |
| Dec 31, 2023 | -1.24 Mn |
| Sep 30, 2023 | 4.05 Mn |
| Jun 30, 2023 | 999,612.00 |
| Mar 31, 2023 | 1.73 Mn |
| Dec 31, 2022 | -1.23 Mn |
| Sep 30, 2022 | -329,275.00 |
| Jun 30, 2022 | -401,743.00 |
| Mar 31, 2022 | -872,990.00 |