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

Zeo Energy (ZEO) has 5 years of Operating Expenses data on file, last reported 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.
• Across five years, Operating Expenses topped out at $33.9 million in Q3 2023 and bottomed at $371743.0 in Q2 2022.
• The 5-year median for Operating Expenses is $21.0 million (2025), against an average of $19.8 million.
• The widest annual swing landed in 2023, when Operating Expenses surged 7757.85%; it then tumbled 40.23% in 2024.
• A 5-year view of Operating Expenses shows it stood at $371743.0 in 2022, then soared by 6448.73% to $24.3 million in 2023, then retreated by 18.84% to $19.8 million in 2024, then rose by 5.04% to $20.8 million in 2025, then slipped 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.

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