Growth Metrics

Zeo Energy (ZEO) Operating Expenses (2023 - 2025)

Zeo Energy (ZEO) has disclosed Operating Expenses for 3 consecutive years, with $25.9 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Operating Expenses rose 14.29% year-over-year to $25.9 million, compared with a TTM value of $122.4 million through Sep 2025, up 56.11%, and an annual FY2024 reading of $84.1 million, down 19.59% over the prior year.
  • Operating Expenses was $25.9 million for Q3 2025 at Zeo Energy, up from $21.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $53.3 million in Q4 2024 and bottomed at $14.0 million in Q1 2024.
  • Average Operating Expenses over 3 years is $25.5 million, with a median of $22.6 million recorded in 2024.
  • Peak annual rise in Operating Expenses hit 118.81% in 2024, while the deepest fall reached 40.23% in 2024.
  • Year by year, Operating Expenses stood at $24.3 million in 2023, then surged by 118.81% to $53.3 million in 2024, then crashed by 51.42% to $25.9 million in 2025.
  • Business Quant data shows Operating Expenses for ZEO at $25.9 million in Q3 2025, $21.0 million in Q2 2025, and $22.3 million in Q1 2025.