Zeo Energy (ZEO) Operating Income (2022 - 2026)
Zeo Energy's (ZEO) quarterly Operating Income came in at -$4.8 million in Q1 2026, up 64.73% YoY from -$2.9 million in Q1 2025, and down 117.91% on a QoQ basis from -$2.2 million in Q4 2025.
Zeo Energy (ZEO) Operating Income (2022 - 2026) Analysis & Trends
Zeo Energy (ZEO) has 5 years of Operating Income data on file, last reported at -$4.8 million in Q1 2026.
- Quarterly Operating Income rose 64.73% year-over-year to -$4.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$11.8 million (up 41.85% YoY) and the FY2025 annual result came in at -$20.5 million, down 90.03% from the prior year.
- Operating Income fell to -$4.8 million in Q1 2026, from -$2.2 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $4.0 million in Q3 2023 to a low of -$13.5 million in Q1 2025.
- A 5-year average of -$2.0 million and a median of -$1.4 million in 2023 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2023 — Operating Income soared 1315.18% — and 2024, when it sank 406.65%.
- Tracing ZEO's Operating Income over 5 years: stood at -$1.2 million in 2022, then slipped by 10.79% to -$1.4 million in 2023, then grew by 18.25% to -$1.1 million in 2024, then slumped by 96.91% to -$2.2 million in 2025, then sank by 117.91% to -$4.8 million in 2026.
- The last three Operating Income figures came in at -$4.8 million (Q1 2026), -$2.2 million (Q4 2025), and -$2.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 450.39 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 190.91 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 51.52 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 34.79 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -16.05 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 18.72 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | -64.06 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | -85.26 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 34.77 Mn |
| 10 | Zeo Energy | 15.65 Mn | 12.72 Mn | 7.62 Mn | -2.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.77 Mn |
| Dec 31, 2025 | -2.19 Mn |
| Sep 30, 2025 | -1.98 Mn |
| Jun 30, 2025 | -2.85 Mn |
| Mar 31, 2025 | -13.51 Mn |
| Dec 31, 2024 | -1.11 Mn |
| Sep 30, 2024 | -2.98 Mn |
| Jun 30, 2024 | -2.66 Mn |
| Mar 31, 2024 | -4.05 Mn |
| Dec 31, 2023 | -1.36 Mn |
| Sep 30, 2023 | 4.00 Mn |
| Jun 30, 2023 | 868,368.00 |
| Mar 31, 2023 | 1.63 Mn |
| Dec 31, 2022 | -1.23 Mn |
| Sep 30, 2022 | -329,275.00 |
| Jun 30, 2022 | -401,743.00 |
| Mar 31, 2022 | -872,990.00 |