Zeo Energy (ZEO) Shares Outstanding (Diluted Average) (2021 - 2026)

Zeo Energy (ZEO) reported Shares Outstanding (Diluted Average) of $33.4 million for Q1 2026, up 151.85% on a YoY basis from $13.3 million in Q1 2025, and up 33.85% quarter-over-quarter from $24.9 million in Q4 2025.

Zeo Energy (ZEO) Shares Outstanding (Diluted Average) (2021 - 2026) Analysis & Trends

Zeo Energy has reported Shares Outstanding (Diluted Average) for 6 years, with the latest figure at $33.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 151.85% year-over-year to $33.4 million; the trailing twelve-month figure through Mar 2026 stood at $33.4 million (up 151.85% YoY), and the FY2025 full-year result was $24.9 million, up 349.56% from the prior year.
  • Shares Outstanding (Diluted Average) for Q1 2026 stood at $33.4 million, up from $24.9 million in the prior quarter.
  • The five-year high for Shares Outstanding (Diluted Average) was $33.4 million in Q1 2026, with the low at $994345.0 in Q1 2024.
  • Historically, Shares Outstanding (Diluted Average) has averaged $12.0 million across 5 years, with a median of $6.9 million in 2022.
  • Annual changes were most pronounced in 2024 — Shares Outstanding (Diluted Average) tumbled 87.74% — and 2025, when it soared 1232.83%.
  • Zeo Energy's Shares Outstanding (Diluted Average) stood at $6.9 million in 2022, then plunged by 85.51% to $1.0 million in 2023, then surged by 454.69% to $5.5 million in 2024, then soared by 349.56% to $24.9 million in 2025, then soared by 33.85% to $33.4 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $33.4 million (Q1 2026), $24.9 million (Q4 2025), and $27.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 107.62 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 152.71 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 131.34 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 60.52 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 272.35 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 167.56 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 152.96 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 30.24 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 72.58 Mn
10 Zeo Energy 27.32 Mn 42.61 Mn 10.17 Mn 33.38 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 33.38 Mn
Dec 31, 2025 24.94 Mn
Sep 30, 2025 27.31 Mn
Jun 30, 2025 19.98 Mn
Mar 31, 2025 13.25 Mn
Dec 31, 2024 5.55 Mn
Sep 30, 2024 5.05 Mn
Jun 30, 2024 3.01 Mn
Mar 31, 2024 994,345.00
Dec 31, 2023 1.00 Mn
Sep 30, 2023 6.90 Mn
Jun 30, 2023 6.90 Mn
Mar 31, 2023 8.11 Mn
Dec 31, 2022 6.90 Mn
Sep 30, 2022 27.60 Mn
Jun 30, 2022 6.90 Mn
Mar 31, 2022 6.90 Mn
Dec 31, 2021 7.55 Mn