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Eos Energy tightens 2026 revenue forecast amid Thorn Hill manufacturing shift
The company projects a 10% to 15% reduction in conversion costs from consolidating production into its Thorn Hill facility, with an expected payback of about nine months.
Eos Energy Enterprises updated its outlook for 2026 on its Q2 2026 earnings call, tightening revenue guidance to $300 million to $350 million to reflect downtime tied to a Line 1 relocation and upgrade to a more efficient Line 2 design, according to Yahoo Finance's call summary. Management said the quarter's performance was supported by record cube shipments and a 20% sequential increase in output at the Turtle Creek facility, while labor costs remained flat. The firm also highlighted its strategy of targeting “buying hours” demand, with 51% of its pipeline aimed at durations of 8 hours or longer where Eos says its economics are most competitive. On margins, Eos expects a 72-point improvement in adjusted gross margin over the next 12 months, driven by lower material costs and manufacturing efficiencies. It linked production consolidation into Thorn Hill to improved unit economics, projecting a 10% to 15% reduction in conversion costs and an estimated payback period of about nine months. Eos also described progress toward financing and commercial scaling, saying the second year tranche of an advanced request loan is expected to close by the end of the third quarter, subject to standard conditions. The company reported a net loss of $276 million, which it attributed primarily to non-cash fair value adjustments tied to warrants and derivatives linked to share price volatility, based on the Yahoo Finance summary.