Zeo Energy Corp.
Zeo Energy Corp.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Related Party | - | 1 | 1 | 0 | -0 | 0 | 0 | -0 | -2 | 3 | 0 | - | |||||
Allowance For Doubtful Accounts Receivable Current | - | - | - | - | - | - | - | 3 | 1 | 1 | - | - | |||||
Accrued Liabilities And Other Liabilities | - | - | - | - | - | - | - | - | 0 | - | - | - | |||||
Assets | |||||||||||||||||
Cash | - | - | - | - | - | - | - | - | - | 8 | 0 | - | |||||
Prepaid Expense Current | - | - | - | - | - | - | - | 1 | 1 | - | 0 | 0 | |||||
Cash And Cash Equivalents At Carrying Value | 2 | 2 | 6 | 4 | 0 | 3 | 6 | 4 | 5 | - | 8 | 0 | |||||
Accounts Receivable Net Current | 10 | 10 | 8 | 11 | 5 | 5 | 9 | 9 | 7 | 8 | 3 | - | |||||
Assets Current | |||||||||||||||||
Assets Current | 20 | 20 | 23 | 24 | 11 | 10 | 19 | 16 | 18 | 18 | 0 | 0 | |||||
Liabilities Redeemable No… | |||||||||||||||||
Inventory Net | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | - | |||||
Contract With Customer Asset Net Current | 2 | 2 | 3 | 3 | 0 | 1 | 1 | - | - | - | 5 | - | |||||
Prepaid Expense And Other Assets Current | 4 | 4 | 4 | 2 | 2 | 1 | 2 | 1 | 4 | 2 | 0 | - | |||||
Assets Noncurrent | |||||||||||||||||
Assets Held In Trust Noncurrent | - | - | - | - | - | - | - | - | - | - | - | 32 | |||||
Marketable Securities Noncurrent | - | - | - | - | - | - | - | - | - | - | 16 | - | |||||
Other Assets | - | - | 0 | 0 | 1 | 0 | 0 | 0 | 0 | - | 0 | - | |||||
Deferred Income Tax Assets Net | - | - | - | - | - | - | 0 | - | - | - | - | - | |||||
Property Plant And Equipment Other Net | - | - | - | - | 3 | 3 | 2 | 2 | - | - | 2 | - | |||||
Other Assets Noncurrent | 0 | 0 | - | - | - | - | - | - | - | 0 | - | - | |||||
Property Plant And Equipment Net | 2 | 2 | 3 | 3 | - | - | 2 | - | 3 | 2 | - | - | |||||
Operating Lease Right Of Use Asset | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | |||||
Finance Lease Right Of Use Asset | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 1 | 1 | - | |||||
Intangible Assets Net Excluding Goodwill | - | - | - | - | - | - | - | - | - | 1 | - | - | |||||
Finite Lived Intangible Assets Net | - | - | - | - | - | 3 | 8 | - | 0 | - | 1 | - | |||||
Other Receivable After Allowance For Credit Loss N… | - | - | - | 3 | 3 | - | - | - | - | - | - | - | |||||
Goodwill | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | - | |||||
Assets | 56 | 57 | 57 | 59 | 46 | 47 | 61 | 47 | 49 | 50 | 16 | 33 | |||||
Liabilities Mezzanine Equ… | |||||||||||||||||
Liabilities And Stockhold… | |||||||||||||||||
Accounts Payable And Accrued Liabilities Current | - | - | - | - | - | - | - | - | - | - | 6 | 5 | |||||
Other Liabilities Current | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Notes Payable Current | - | - | - | - | - | - | - | - | - | - | - | 1 | |||||
Accounts Payable Current | 5 | 5 | 4 | 3 | 5 | 4 | 3 | 5 | 3 | 5 | 5 | - | |||||
Accrued Liabilities Current | 3 | 2 | 2 | 3 | 4 | 7 | 5 | 4 | 4 | 4 | 5 | - | |||||
Contract With Customer Liability Current | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 5 | - | |||||
Liabilities Current | |||||||||||||||||
Liabilities Current | 13 | 12 | 8 | 11 | 14 | 14 | 15 | 10 | 8 | 11 | 8 | 7 | |||||
Operating Lease Liability Current | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | - | |||||
Finance Lease Liability Current | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 | - | |||||
Other Long Term Debt Current | - | - | - | 0 | - | - | - | - | - | - | - | - | |||||
Convertible Notes Payable Current | - | - | - | 2 | 2 | 2 | 2 | - | - | - | - | - | |||||
Loans Payable Current | 0 | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | |||||
Convertible Debt Current | - | - | - | - | - | - | 2 | - | - | - | - | - | |||||
Liabilities Noncurrent | |||||||||||||||||
Operating Lease Liability Noncurrent | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | - | |||||
Finance Lease Liability Noncurrent | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 | - | |||||
Other Liabilities Noncurrent | - | - | - | - | - | - | - | 1 | 2 | 2 | - | - | |||||
Derivative Liabilities Noncurrent | - | - | - | - | - | - | - | - | - | 2 | - | - | |||||
Long Term Debt Noncurrent | 0 | 0 | 0 | 0 | 0 | - | 0 | - | - | - | - | - | |||||
Warrants And Rights Outstanding | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | - | |||||
Redeemable Noncontrolling… | |||||||||||||||||
Long Term Loans Payable | - | - | - | - | - | 0 | 0 | 1 | 1 | 1 | 1 | - | |||||
Liabilities | 15 | 13 | 9 | 12 | 16 | 16 | 18 | 14 | 12 | 16 | 9 | 8 | |||||
Temporary Equity Carrying Amount Attributable To P… | - | - | - | - | - | - | - | - | - | - | 16 | 32 | |||||
Preferred Stock Value | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Temporary Equity | |||||||||||||||||
Temporary Equity Carrying… | |||||||||||||||||
Redeemable Noncontrolling Interest Equity Preferre… | - | - | - | - | 17 | 17 | 16 | 16 | 15 | 15 | - | - | |||||
Redeemable Noncontrolling Interest Equity Other Ca… | - | - | - | - | 72 | 38 | 116 | 57 | 73 | 192 | - | - | |||||
Stockholders Equity | |||||||||||||||||
Additional Paid In Capital | 66 | 65 | 63 | 60 | 37 | 16 | 15 | 4 | 2 | - | 31 | - | |||||
Stockholders Equity | 9 | 14 | 5 | -2 | -59 | -23 | -89 | -39 | -53 | -173 | -9 | 34 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 0 | 0 | -0 | -0 | - | - | - | - | - | - | - | - | |||||
Retained Earnings Accumulated Deficit | -56 | -51 | -58 | -62 | -96 | -40 | -103 | -43 | -53 | -173 | -9 | -8 | |||||
Liabilities And Stockholders Equity | 56 | 57 | 57 | 59 | 46 | 47 | 61 | 47 | 49 | 50 | 16 | 33 | |||||
Preferred Stock Par Or Stated Value Per Share | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Preferred Stock Shares Authorized | - | - | - | - | - | - | - | - | - | - | 1 | 1 | |||||
Preferred Stock Shares Issued | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Preferred Stock Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Class A Convertible Preferred Units | - | 2 | 2 | 0 | - | 2 | 2 | 0 | - | - | - | - | |||||
Accounts Receivable Net | - | - | - | - | - | 5 | 1 | - | - | - | 1 | - | |||||
Class B Units | - | 21 | 23 | -49 | - | 25 | 34 | -39 | - | - | - | - | |||||
Class V Common Stock | - | 23 | 0 | -2 | 26 | 0 | 0 | 0 | 0 | 0 | 0 | - | |||||
Common Class A | - | 35 | 0 | 5 | 7 | 22 | 0 | 0 | 5 | 0 | 0 | - | |||||
Common Class B | - | - | - | - | - | - | - | - | - | - | 0 | - | |||||
Allowance For Doubtful Accounts Receivable | 2 | 5 | - | - | - | - | - | - | - | - | - | - | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -7.44% | -24.92% | -43.52% | - | - | - | - | - | - | - | - | - |
| 2025 | -20.25% | -26.58% | -57.59% | -41.23% | -43.42% | -23.25% | -16.56% | -22.52% | -36.36% | 50.91% | 40.03% | 17.79% |
| 2024 | -7.20% | -50.62% | -21.81% | -30.28% | -35.86% | -52.19% | -24.48% | -44.06% | -51.57% | 77.22% | 57.59% | 43.67% |
| 2023 | - | - | - | - | - | - | -0.18% | -0.09% | 0.53% | -15.82% | -17.34% | -22.41% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.56 | 1.65 | 2.69 | 2.19 | 0.76 | 0.75 | 1.26 | 1.56 | 2.17 | 1.69 | 0.01 | 0.04 | |||||
| Quick Ratio | 1.17 | 1.25 | 2.09 | 1.96 | 0.59 | 0.62 | 1.06 | 1.40 | 2.02 | 1.46 | -0.04 | 0.04 | |||||
| Working Capital | 7.05M | 7.92M | 14.16M | 13.00M | -3.39M | -3.46M | 3.92M | 5.58M | 9.66M | 7.54M | -7.71M | -6.74M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.58 | 0.96 | 1.77 | -7.22 | -0.27 | -0.69 | -0.20 | -0.34 | -0.23 | -0.09 | -1.01 | 0.23 | |||||
| Interest Coverage TTM | -60.06 | -60.12 | -95.29 | -84.86 | -66.26 | -61.68 | -32.22 | -60.23 | -92.78 | -84.18 | -47.72 | 104.76 | |||||
| Debt Ratio | 0.26 | 0.23 | 0.17 | 0.21 | 0.35 | 0.33 | 0.30 | 0.29 | 0.25 | 0.32 | 0.55 | 0.25 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.41 | 1.42 | 1.18 | 1.31 | 1.37 | 1.27 | 1.90 | 1.95 | 2.37 | 2.74 | 0.73 | 0.55 | |||||
| Days Sales Outstanding TTM | 39.21 | 38.01 | 45.14 | 51.10 | 35.33 | 37.59 | 29.65 | 40.10 | 27.46 | 25.45 | 9.67 | - | |||||
| Receivables Turnover TTM | 9.31 | 9.60 | 8.09 | 7.14 | 10.33 | 9.71 | 12.31 | 9.10 | 13.29 | 14.34 | 37.76 | - | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | - | -0.54 | -0.79 | -0.42 | -0.45 | -0.57 | -0.48 | -1.64 | -1.44 | -6.18 | -0.77 | 1.98 | |||||
| Free Cash Flow Per Share TTM | - | -0.25 | -0.40 | -0.23 | 0.04 | -0.11 | -1.65 | -3.60 | -3.01 | -13.28 | -0.36 | 2.75 | |||||
| Dividend Per Share TTM | - | 0.02 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 51.10% | 54.09% | 55.20% | 57.74% | 55.40% | 53.38% | 48.09% | - | - | - | - | - | |||||
| Operating Profit Margin TTM | -16.60% | -15.98% | -29.61% | -28.02% | -31.38% | -32.75% | -14.75% | -27.34% | -14.85% | -9.66% | -4.61% | 6.03% | |||||
| Net Profit Margin TTM | -25.11% | -24.35% | -28.31% | -16.34% | -15.19% | -12.12% | -3.64% | -10.67% | -7.54% | -5.53% | -2.74% | 6.62% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 10.17% | 19.17% | -5.32% | -10.51% | -31.96% | -44.30% | -33.23% | -10.52% | 96.31% | 493.13% | - | - | |||||
| Net Income Growth (1Y) | 82.12% | 139.51% | 635.50% | 37.08% | 37.12% | 22.02% | -11.07% | -244.22% | -177.07% | -161.05% | -120.94% | -72.80% | |||||
| EPS Growth (1Y) | - | -4.90% | 63.60% | -74.63% | -68.81% | -90.85% | -38.74% | -182.66% | -144.41% | -598.03% | -251.22% | 159.16% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | - | -1.07 | -1.38 | -3.25 | -6.47 | -2.67 | -7.13 | -1.03 | -1.50 | -0.92 | -14.34 | 5.63 | |||||
| P/B TTM | - | 1.40 | 5.10 | -21.42 | -1.08 | -0.87 | -0.21 | -0.22 | -0.20 | -0.03 | -4.88 | 0.94 | |||||
| P/S TTM | - | 0.26 | 0.39 | 0.53 | 0.98 | 0.32 | 0.26 | 0.11 | 0.11 | 0.05 | 0.39 | 0.37 | |||||
| Market Cap | - | 19.16M | 27.18M | 36.86M | 64.08M | 20.01M | 19.03M | 8.54M | 10.81M | 5.67M | 43.03M | 32.33M | |||||
| Enterprise Value | - | 17.65M | 28.14M | 35.64M | 67.26M | 20.32M | 19.19M | 5.01M | 5.89M | -1.19M | 43.86M | 29.39M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -7.87M | -8.34M | -9.91M | -6.16M | 784.26K | -1.44M | -9.18M | -18.21M | -15.13M | -13.20M | -1.38M | 7.97M | |||||
| Net Debt | -2.38M | -1.51M | 961.96K | -1.23M | 3.18M | 309.56K | 164.01K | -3.53M | -4.92M | -6.86M | 831.57K | -2.94M | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
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| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
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| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
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| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
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| Altman C | |||||||||||||||||
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| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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| PEG Ratio | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
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| Total Debt | |||||||||||||||||
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Institutional Ownership
Zeo Energy Corp. (ZEO) — SEC Financial Statements & Analysis
Zeo Energy Corp. (ZEO) is a construction - special trade contractors company. Zeo Energy Corp. trades on Nasdaq as: ZEO, ZEOWW. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Zeo Energy Corp. reported a 10.17% year-over-year revenue growth, a Gross Profit Margin of 51.10% (TTM), a Debt-to-Equity ratio of 1.58x, a Price-to-Sales (P/S) ratio of 0.26x (TTM), a Price-to-Book (P/B) ratio of 1.40x (TTM), at a market cap of $19.16M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 10.17%
- Gross Profit Margin TTM
- 51.10%
- Debt To Equity
- 1.58x
- P/S TTM
- 0.26x
- P/B TTM
- 1.40x
- Market Cap
- $19.16M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Zeo Energy Corp. in?
Zeo Energy Corp. (ZEO) operates in the Construction - Special Trade Contractors industry.
What is ZEO's market cap?
Zeo Energy Corp. (ZEO) has a market capitalization of $19.16M as of 2026-03-31.
What exchange does ZEO trade on?
Zeo Energy Corp. (ZEO) trades on the Nasdaq.