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

Zeo Energy's Operating Expenses history runs 5 years deep, the most recent figure standing at $18.0 million for Q1 2026.

• Quarterly Operating Expenses fell 19.49% year-over-year to $18.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $85.5 million (up 4.12% YoY) and the FY2025 annual result came in at $89.9 million, up 6.94% from the prior year.
• Operating Expenses was $18.0 million for Q1 2026 at Zeo Energy, down from $20.8 million in the prior quarter.
• Across five years, Operating Expenses topped out at $33.9 million in Q3 2023 and bottomed at $371743.0 in Q2 2022.
• A 5-year average of $19.8 million and a median of $21.0 million in 2025 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses surged 7757.85% — and 2024, when it plunged 40.23%.
• Zeo Energy's Operating Expenses stood at $371743.0 in 2022, then jumped by 6448.73% to $24.3 million in 2023, then decreased by 18.84% to $19.8 million in 2024, then gained by 5.04% to $20.8 million in 2025, then dropped by 13.51% to $18.0 million in 2026.
• Business Quant data shows ZEO's Operating Expenses at $18.0 million in Q1 2026, $20.8 million in Q4 2025, and $25.9 million in Q3 2025.