Zeo Energy (ZEO) Operating Income (2022 - 2026)
Zeo Energy posted quarterly Operating Income of -$4.8 million for Q1 2026, up 64.73% year-on-year 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) has 5 years of Operating Income data on file, last reported at -$4.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income rose 64.73% year-over-year to -$4.8 million; the trailing twelve-month figure through Mar 2026 stood at -$11.8 million (up 41.85% YoY), and the FY2025 full-year result was -$20.5 million, down 90.03% from the prior year.
- Operating Income for Q1 2026 stood at -$4.8 million, down from -$2.2 million in the prior quarter.
- Across five years, Operating Income topped out at $4.0 million in Q3 2023 and bottomed at -$13.5 million in Q1 2025.
- The 5-year median for Operating Income is -$1.4 million (2023), against an average of -$2.0 million.
- The widest annual swing landed in 2023, when Operating Income soared 1315.18%; it then tumbled 406.65% in 2024.
- A 5-year view of Operating Income shows it stood at -$1.2 million in 2022, then dropped by 10.79% to -$1.4 million in 2023, then increased by 18.25% to -$1.1 million in 2024, then sank by 96.91% to -$2.2 million in 2025, then plunged 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -64.06 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -29.64 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -55.04 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -43.51 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 7.72 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 7.11 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -85.26 Mn |
| 10 | Zeo Energy | 30.53 Mn | 45.82 Mn | 10.17 Mn | -4.77 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 |