Eos Energy Enterprises Inc. (NASDAQ:EOSE) said Wednesday it expects to deliver record second-quarter revenue and backlog as higher production and strong commercial demand continue to support growth.
Following the announcement, the stock jumped nearly 10%. The company announced its preliminary results ahead of its full earnings release on August 5.
Eos expects second-quarter revenue of $68 million to $69 million, the highest quarterly revenue in its history. Shipments more than tripled from a year earlier, while first-half 2026 revenue exceeded the company’s total revenue for all of 2025.
The company also expects a record backlog of about $807 million as of June 30, up roughly 25% from the previous quarter. New orders exceeded quarterly shipments, reflecting continued customer demand and improving revenue visibility.
Total cash, including restricted cash, is expected to reach about $364 million, while customer collections of approximately $78 million surpassed quarterly revenue.
