Eos Energy Enterprises, Inc. · NASDAQ:EOSE

Eos Energy Enterprises — Q1 2025 Earnings Presentation

14 slides from Eos Energy Enterprises's earnings presentation, May 7, 2025

  1. Slide 1: Eos Energy Enterprises Q1 2025 Financial Results

    Eos Energy Enterprises Q1 2025 Financial Results May 7, 2025

  2. Slide 2: Disclaimer

    Disclaimer Forward-Looking Statements: This presentation includes “forward-looking statements” within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our expected rev

  3. Slide 3: Non-GAAP Financial Measures

    Non – GAAP Financial Measures To provide investors with additional information regarding our financial results, we have disclosed in this earnings presentation non-GAAP financial measures, including adjusted EBITDA and adjusted earnings per share (EPS), which are non-GAAP financial measures as defin

  4. Slide 4: Operating Highlights

    Òperating Highlights 1 2 1 Commercial Pipeline Booked Orders Orders Backlog at 3/31 $15.6 billion $9.2 million $680.9 million Representing ~60 GWh Representing 2 new customers Representing ~2.6 GWh 3 2 14 Discharge Energy Q1 Revenue Total Cash 5.4 GWh $10.5 million $111.7 million ~4.9 GWh in the fi

  5. Slide 5: Building a Stronger, Scaled Eos

    Highlights Building a Stronger, Scaled Eos External Tailwinds Eos Positioning Electricity Demand Growth 100% Lower cost of Opportunity Pipeline Advancing Expected to more than double by 2050 capital / GWh 5.4 GWh MOUs in new geographies U.S. Manufactured production Longer Duration Storage 91% Minima

  6. Slide 6: Reiterating Fiscal Year 2025 Guidance

    Highlights Reiterating Fiscal Year 2025 Guidance Q1 record across all manufacturing processes with momentum continuing in Q2 Manufacturing Revenue Triggers 2025 +51% Q1 Q2/Q3 customer deliveries Staged Revenue Guidance Vs. Q4 2024 sub-assembly automation YTD Shipments 2H $150m - $190m Already surpas

  7. Slide 7: Deliver Profitable Z3 Growth

    Operational Scale & Capacity Deliver Profitable Z3 Growth Realized 64% cost-out from launch; 77% volume adjusted cost-out Direct Material Labor Mfg. Overhead -28% -38% 48.1% 20.9% 31.0% ~58% ~77% ~67% 16.7% 20.3% 20.2% 18.1% 6.8% 10.4% 4.9% 1.3% 3.9% Launch 24 Exit Q1 @ Scale Launch 24 Exit Q1 @ Sca

  8. Slide 8: Subassembly Automation Update

    Operational Scale & Capacity Subassembly Automation Update Achieved Site Acceptance Testing for first terminal sub-assembly manufacturing cell Terminals Bi-Polars First cell in production Factory Acceptance Testing Before After 363% 78% 332% 77% Output Labor input / part Output Labor input / part 8

  9. Slide 9: First Quarter 2025 Financials

    Financial Results & Forecast First Quarter 2025 Financials Highlights ($ in millions) Q1 ‘25 Q1 ‘24 % Change Increased customer deliveries Revenue 10.5 6.6 58% 22% more cube deliveries with 58% more revenue Gross Profit (Loss) (24.5) (21.6) -13% Improved margin +93 % pts. gross margin % YoY Operatin

  10. Slide 10: Significant Commercial Traction

    Commercial Growth Significant Commercial Traction $29.1 billion, 115 GWh total commercial activity Lead Generation1 Opportunity Pipeline1 Orders Backlog1 5.4 GWh New MOUs 2 5 GWh $13.5B $15.6B $680.9M Frontier Power ~55 GWh ~60 GWh ~2.6 GWh Deploy LDES across the UK & international markets QoQ Chang

  11. Slide 11: Eos Provides Differentiated Performance for Data Centers

    Commercial Growth Eos Provides Differentiated Performance for Data Centers Ensures maximum energy efficiency to maximize computing capacity needed for data centers Eos Capability Data Center Needs Eos Impact Multiple 30%+ LCOS Lower total energy costs Cycles per Day Higher energy output on same cape

  12. Slide 12: Appendix

    APPENDIX Eos. Positively ingenious. ~ e€os.

  13. Slide 13: GAAP to Non-GAAP Reconciliations

    Appendix GAAP to Non-GAAP Reconciliations UNAUDITED RECONCILATION OF NET INCOME (LOSS) TO ADJUSTED EBITDA (In thousands) For the three months ended March 31, 2025 2024 Net income (loss) $ 15,136 $ (46,708) add: Interest expense 5,945 9,118 add: Income tax expense 5 25 add: Depreciation and amortizat

  14. Slide 14: GAAP to Non-GAAP Reconciliations

    Appendix GAAP to Non-GAAP Reconciliations UNAUDITED RECONCILATION OF NET INCOME (LOSS) TO ADJUSTED NET INCOME (LOSS) PER SHARE (In thousands, except share and per share amounts) For the three months ended March 31, 2025 2024 Net income (loss) attributable to common shareholders $ 95,133 $ (46,708) a

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