Zeo Energy (ZEO) Operating Expenses (2022 - 2026)

Zeo Energy has reported Operating Expenses for 5 years, with the latest figure at $18.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 19.49% year-over-year to $18.0 million; the trailing twelve-month figure through Mar 2026 stood at $85.5 million (up 4.12% YoY), and the FY2025 full-year result was $89.9 million, up 6.94% from the prior year.
• Operating Expenses for Q1 2026 stood at $18.0 million, down from $20.8 million in the prior quarter.
• The five-year high for Operating Expenses was $33.9 million in Q3 2023, with the low at $371743.0 in Q2 2022.
• Historically, Operating Expenses has averaged $19.8 million across 5 years, with a median of $21.0 million in 2025.
• Annual changes were most pronounced in 2023 — Operating Expenses surged 7757.85% — and 2024, when it sank 40.23%.
• Zeo Energy's Operating Expenses stood at $371743.0 in 2022, then surged by 6448.73% to $24.3 million in 2023, then fell by 18.84% to $19.8 million in 2024, then increased by 5.04% to $20.8 million in 2025, then decreased by 13.51% to $18.0 million in 2026.
• The last three Operating Expenses figures came in at $18.0 million (Q1 2026), $20.8 million (Q4 2025), and $25.9 million (Q3 2025), per Business Quant data.