Zeo Energy ZEO
NASDAQ ZEO
$0.27 +0.00 (+0.56%)
At close: Oct 21, 2026 · 4:00 PM EDT

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

Updated

Zeo Energy (ZEO) posted Operating Expenses of $19.16 million for Q2 2026, down 8.6% from $20.96 million a year earlier but up 6.7% from the prior quarter.

Analysis

Zeo Energy (ZEO) Operating Expenses (2022 - 2026) Analysis & Trends

For the trailing twelve months through Jun 30, 2026, Operating Expenses at Zeo Energy was $83.74 million, down 2.2% year-over-year; for FY2025, it came in at $89.88 million, up 6.9% from FY2024.

  • Annual Operating Expenses shows a four-year compound annual growth rate of 247.1% (FY2021 to FY2025).
  • In prior years, Zeo Energy's Operating Expenses was $84.05 million in FY2024 (-19.6%), $104.55 million in FY2023 and $618,884 in FY2021.
  • Quarterly Operating Expenses has run from a low of $371,743 in Q2 2022 to a high of $33.89 million in Q3 2023 over five years.
  • On a year-over-year basis, Operating Expenses increased in three of the last eight quarters, with an average decline of 6.1%.
  • The strongest year-over-year quarter for Operating Expenses in the past five years was Q1 2024, with growth of 41.4%; the weakest was Q2 2024, with a decline of 40.2%.
  • According to Business Quant data, Operating Expenses for the three prior quarters was $17.95 million (Q1 2026), $20.75 million (Q4 2025) and $25.88 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quanta Services 89.97 Bn 88.05 Bn 1.55 Bn 698.49 Mn
2 Ferrovial 35.96 Bn 14.21 Bn - -
3 Emcor 31.03 Bn 27.43 Bn 1.02 Bn 475.04 Mn
4 Jacobs Solutions 16.77 Bn 11.44 Bn 810.70 Mn 524.00 Mn
5 Mastec 14.08 Bn 12.87 Bn 556.28 Mn 292.57 Mn
6 Sterling Infrastructure 12.66 Bn 10.99 Bn 289.96 Mn 65.66 Mn
7 IES Holdings 9.42 Bn 8.28 Bn 340.66 Mn 162.17 Mn
8 Stantec 8.00 Bn 6.93 Bn 1.36 Bn 972.05 Mn
9 Aecom 7.66 Bn 2.78 Bn -34.04 Mn 46.45 Mn
10 Zeo Energy 9.71 Mn -4.58 Mn 7.62 Mn 19.16 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 19.16 Mn
Mar 31, 2026 17.95 Mn
Dec 31, 2025 20.75 Mn
Sep 30, 2025 25.88 Mn
Jun 30, 2025 20.96 Mn
Mar 31, 2025 22.30 Mn
Dec 31, 2024 19.76 Mn
Sep 30, 2024 22.64 Mn
Jun 30, 2024 17.46 Mn
Mar 31, 2024 24.19 Mn
Dec 31, 2023 24.34 Mn
Sep 30, 2023 33.89 Mn
Jun 30, 2023 29.21 Mn
Mar 31, 2023 17.10 Mn
Jun 30, 2022 371,743.00
Mar 31, 2022 842,990.00
API Access

Zeo Energy Operating Expenses API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-expenses&ticker=ZEO&period=max&api_key=YOUR_API_KEY