Zeo Energy (ZEO) EBITDA (2022 - 2026)
Zeo Energy (ZEO) posted EBITDA of -$4.8 million for Q1 2026, down 117.91% on a QoQ basis from -$2.2 million in Q4 2025, and up 64.73% year-over-year from -$2.9 million in Q1 2025.
Zeo Energy (ZEO) EBITDA (2022 - 2026) Analysis & Trends
Zeo Energy's EBITDA history runs 5 years deep, the most recent figure standing at -$4.8 million for Q1 2026.
- Quarterly EBITDA rose 64.73% year-over-year to -$4.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$11.8 million (up 41.85% YoY) and the FY2025 annual result came in at -$20.5 million, down 90.03% from the prior year.
- EBITDA was -$4.8 million for Q1 2026 at Zeo Energy, down from -$2.2 million in the prior quarter.
- Across five years, EBITDA topped out at $4.0 million in Q3 2023 and bottomed at -$13.5 million in Q1 2025.
- A 5-year average of -$2.0 million and a median of -$1.4 million in 2023 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2023 — EBITDA soared 1315.18% — and 2024, when it plunged 406.65%.
- Zeo Energy's EBITDA stood at -$1.2 million in 2022, then declined by 10.79% to -$1.4 million in 2023, then rose by 18.25% to -$1.1 million in 2024, then plunged by 96.91% to -$2.2 million in 2025, then tumbled by 117.91% to -$4.8 million in 2026.
- Business Quant data shows ZEO's EBITDA at -$4.8 million in Q1 2026, -$2.2 million in Q4 2025, and -$2.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -29.64 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -84.91 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -55.04 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -43.51 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 7.72 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -64.06 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 7.11 Mn |
| 10 | Zeo Energy | 19.43 Mn | 17.27 Mn | 5.60 Mn | -4.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.77 Mn |
| Dec 31, 2025 | -2.19 Mn |
| Sep 30, 2025 | -1.98 Mn |
| Jun 30, 2025 | -2.85 Mn |
| Mar 31, 2025 | -13.51 Mn |
| Dec 31, 2024 | -1.11 Mn |
| Sep 30, 2024 | -2.98 Mn |
| Jun 30, 2024 | -2.66 Mn |
| Mar 31, 2024 | -4.05 Mn |
| Dec 31, 2023 | -1.36 Mn |
| Sep 30, 2023 | 4.00 Mn |
| Jun 30, 2023 | 868,368.00 |
| Mar 31, 2023 | 1.63 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 |