The preliminary figures announced on 19 October imply revenue growth of about 19% to 21% from the second quarter and about 169% to 172% from a year earlier. Backlog at the end of the third quarter was approximately $765 million, or 3.2 GWh. The company said production scaling and lower conversion costs contributed to margin improvement; these are not yet finalized quarterly results.

Eos reported total cash, including restricted cash, of approximately $344 million as of 30 September and quarterly capital expenditures of approximately $35 million. It plans to release complete third-quarter results on 5 November. Statements about manufacturing capacity, future revenue and margin improvement are management expectations; backlog is not realized revenue.