Zeo Energy (ZEOWW) Research & Development (2023 - 2026)

Zeo Energy (ZEOWW) has reported Research & Development for 4 consecutive years, with $4.4 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Research & Development fell 21.54% year-over-year to $4.4 million; the trailing twelve-month figure through Jun 2026 stood at $22.4 million (up 28.86% YoY), and the FY2025 full-year result was $22.7 million, up 15.88% from the prior year.
• Research & Development improved to $4.4 million in Q2 2026 per ZEOWW's latest filing, from $3.0 million in the prior quarter.
• Across five years, Research & Development topped out at $10.5 million in Q4 2023 and bottomed at $3.0 million in Q1 2026.
• Historically, Research & Development has averaged $5.8 million across 4 years, with a median of $5.3 million in 2024.
• The sharpest annual moves came in 2024 and 2025: Research & Development sank 67.57% in 2024, then soared 84.3% in 2025.
• Over 4 years, Research & Development stood at $10.5 million in 2023, then tumbled by 67.57% to $3.4 million in 2024, then soared by 56.77% to $5.3 million in 2025, then decreased by 17.36% to $4.4 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $4.4 million, $3.0 million, and $5.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.