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Companies / Industrials / Zeo Energy Corp.
ZEO

Zeo Energy Corp.

IndustrialsConstruction
Ticker ZEODALLAS, TXFiscal year ends DecemberBook value per share $0.27Diluted shares 34.6M

Zeo Energy Corp. (Nasdaq: ZEO) is a vertically integrated residential solar energy company that designs, procures, installs, and maintains solar energy systems for homeowners across the United States. The company's website is www.zeo.energy. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$69.35M
−5.3% year over year
Last 12 mo $71.82M
-29.61%
−14.8 percentage points
Last 12 mo -16.60%
$-19.63M
−98.8% year over year
Last 12 mo $-11.07M
-262.81%
−266.4 percentage points
Last 12 mo -119.60%
Cash & financing
$-8.69M
+0.3% year over year
Last 12 mo $-5.46M
$-9.91M
−9.1% year over year
Last 12 mo $-6.28M
0.08
Was -0.04× a year earlier
Last 12 mo 0.09
24.9M
+349.6% year over year
Last 12 mo 34.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Zeo Energy Corp. does

In the company’s own words

Zeo Energy Corp. (Nasdaq: ZEO) is a vertically integrated residential solar energy company that designs, procures, installs, and maintains solar energy systems for homeowners across the United States. The company's website is www.zeo.energy.

Founded through the combination of Sunergy Solar LLC, established in 2005, and Sun First Energy LLC, established in 2019, Zeo operates as a comprehensive energy solutions provider. The company's primary business involves the sale and installation of residential solar energy systems, with the majority of its customer base concentrated in Florida, Texas, Arkansas, Missouri, Ohio, and Illinois. The company has expanded into California, Colorado, Minnesota, Utah, and Virginia, and began serving customers in Maryland, New Jersey, North Carolina, Oklahoma, and South Carolina following the acquisition of certain assets from Lumio HX, Inc.

Zeo's service offerings extend beyond solar installations to include energy efficiency products and services such as insulation, hybrid electric water heaters, swimming pool pumps, and battery-based energy storage systems. The company also operates roofing services through its subsidiary, Sunergy Roofing & Construction, Inc., primarily in Florida. As of December 31, 2025, approximately 74 percent of systems installed were leased by customers through third-party leasing companies, while the remainder were purchased directly or financed through third-party lenders.

The company employs approximately 190 installation, sales support, and administrative personnel and operates an internal direct sales force of approximately 260 seasonal sales agents, primarily during the spring and summer months. Zeo also works with approximately 10 active external sales dealers as of December 31, 2025. The company sources solar panels, inverters, racking systems, and related components from multiple suppliers, with approximately 46 percent of equipment purchased through Consolidated Electrical Distributors, Inc., operating as Greentech Renewables.

Zeo's business model emphasizes vertical integration and scalability, leveraging both internal sales capabilities and external dealer networks to reach customers. The company's strategy focuses on geographic expansion, capacity building through personnel and technology investments, and growth of its dealer sales channel.

Company details
Sector
Industrials
Industry
Construction
Headquarters
DALLAS, TX
Fiscal year end
December
CIK
1865506
SIC
1700

Financial performance, year by year

Fiscal 2022–2025 · USD
$-32.56M$6.23M$45.03M$83.83M$122.62M2022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Zeo Energy Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

6
funds hold it
0 of 35
superinvestors hold it
$0.37M
held by funds, at market

Largest fund holders · Zeo Energy Corp.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
0.00%of fund net assets
Fidelity Nasdaq Composite Index Fund
FNCMX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Zeo Energy Corp. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Zeo Energy Corp.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Zeo Energy Corp.'s last four quarterly filings that the numbers alone won't show?”
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