Zeo Energy Corp. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Zeo Energy Corp. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $69.35M | Apr 1, 2026 |
| FY2025 | Dec 31, 2024 | $73.24M | Apr 1, 2026 |
| FY2024 | Dec 31, 2023 | $109.69M | May 28, 2025 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $73.24M | May 28, 2025 |
| FY2024 | Dec 31, 2023 | $109.69M | May 28, 2025 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($14.01M) | Apr 1, 2026 |
| FY2025 | Dec 31, 2024 | ($2.67M) | Apr 1, 2026 |
| FY2024 | Sep 30, 2024 | ($1.82M) | May 28, 2025 |
| FY2023 | Dec 31, 2023 | ($3.00M) | Apr 1, 2024 |
| FY2023 | Dec 31, 2022 | $14.33M | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | $9.46M | Mar 31, 2023 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($20.53M) | Apr 1, 2026 |
| FY2025 | Dec 31, 2024 | ($10.80M) | Apr 1, 2026 |
| FY2024 | Dec 31, 2023 | $5.14M | May 28, 2025 |
| FY2023 | Dec 31, 2022 | ($2.83M) | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | ($776.0K) | Mar 31, 2023 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $120.0K | Apr 1, 2024 |
| FY2023 | Dec 31, 2022 | $120.0K | Apr 1, 2024 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($8.69M) | Apr 1, 2026 |
| FY2025 | Dec 31, 2024 | ($8.72M) | Apr 1, 2026 |
| FY2024 | Dec 31, 2023 | $11.98M | May 28, 2025 |
| FY2023 | Dec 31, 2022 | $3.28M | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | ($936.2K) | Mar 31, 2023 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.22M | Apr 1, 2026 |
| FY2025 | Dec 31, 2024 | $369.1K | Apr 1, 2026 |
| FY2024 | Dec 31, 2023 | $1.03M | May 28, 2025 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $56.93M | Apr 1, 2026 |
| FY2025 | Dec 31, 2024 | $60.98M | Apr 1, 2026 |
| FY2024 | Dec 31, 2023 | $48.09M | May 28, 2025 |
| FY2023 | Dec 31, 2022 | $286.15M | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | $283.42M | Mar 31, 2023 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $9.45M | Apr 1, 2026 |
| FY2025 | Dec 31, 2024 | $18.06M | Apr 1, 2026 |
| FY2024 | Dec 31, 2023 | $17.46M | May 28, 2025 |
| FY2023 | Dec 31, 2022 | $12.64M | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | $24.24M | Mar 31, 2023 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.33M | Apr 1, 2026 |
| FY2025 | Dec 31, 2024 | ($88.91M) | Apr 1, 2026 |
| FY2025 | Dec 31, 2023 | $30.62M | Apr 1, 2026 |
| FY2023 | Dec 31, 2022 | ($11.99M) | Apr 1, 2024 |
| FY2023 | Dec 31, 2021 | ($22.34M) | Apr 1, 2024 |
| FY2022 | Apr 18, 2021 | $0 | Mar 31, 2023 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $27.09M | Apr 1, 2026 |
| FY2025 | Dec 31, 2024 | $27.01M | Apr 1, 2026 |
| FY2025 | Dec 31, 2023 | $27.01M | Apr 1, 2026 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($58.06M) | Apr 1, 2026 |
| FY2025 | Dec 31, 2024 | ($103.44M) | Apr 1, 2026 |
| FY2024 | Dec 31, 2023 | ($533.3K) | May 28, 2025 |
| FY2023 | Dec 31, 2022 | ($11.99M) | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | ($22.34M) | Mar 31, 2023 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $6.14M | Apr 1, 2026 |
| FY2025 | Dec 31, 2024 | $5.63M | Apr 1, 2026 |
| FY2024 | Dec 31, 2023 | $8.02M | May 28, 2025 |
| FY2022 | Dec 31, 2022 | $614.8K | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | $1.32M | Mar 31, 2023 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $79.1K | Apr 1, 2026 |
| FY2024 | Dec 31, 2024 | $787.7K | May 28, 2025 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 0 | May 28, 2025 |
| FY2024 | Sep 30, 2024 | 0 | May 28, 2025 |
| FY2024 | Dec 31, 2023 | 4 | May 28, 2025 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 0 | May 28, 2025 |
| FY2024 | Sep 30, 2024 | 0 | May 28, 2025 |
| FY2024 | Dec 31, 2023 | 4 | May 28, 2025 |