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Side-by-side financial comparison of ENERGIZER HOLDINGS, INC. (ENR) and Eos Energy Enterprises, Inc. (EOSE). Click either name above to swap in a different company.
ENERGIZER HOLDINGS, INC. is the larger business by last-quarter revenue ($778.9M vs $58.0M, roughly 13.4× Eos Energy Enterprises, Inc.). ENERGIZER HOLDINGS, INC. runs the higher net margin — -0.4% vs -207.7%, a 207.2% gap on every dollar of revenue. On growth, Eos Energy Enterprises, Inc. posted the faster year-over-year revenue change (699.6% vs 6.5%). ENERGIZER HOLDINGS, INC. produced more free cash flow last quarter ($124.2M vs $-75.2M). Over the past eight quarters, Eos Energy Enterprises, Inc.'s revenue compounded faster (196.4% CAGR vs 8.4%).
Energizer Holdings, Inc. is an American manufacturer and one of the world's largest manufacturers of batteries, headquartered in Clayton, Missouri. It produces batteries under the Energizer, Ray-O-Vac, Varta, and Eveready brand names and formerly owned several personal care businesses until it separated that side of the business into a new company called Edgewell Personal Care in 2015.
Eos Energy Enterprises, Inc. is an energy storage solutions provider that designs, produces and deploys safe long-duration zinc-based battery systems. It serves utility, commercial, industrial and microgrid customers across North America, Europe and Asia, supporting grid stability and renewable energy integration.
ENR vs EOSE — Head-to-Head
Income Statement — Q1 2026 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $778.9M | $58.0M |
| Net Profit | $-3.4M | $-120.5M |
| Gross Margin | 32.9% | -93.8% |
| Operating Margin | -0.6% | -140.1% |
| Net Margin | -0.4% | -207.7% |
| Revenue YoY | 6.5% | 699.6% |
| Net Profit YoY | -115.2% | 55.1% |
| EPS (diluted) | — | $-0.53 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $778.9M | $58.0M | ||
| Q3 25 | $832.8M | $30.5M | ||
| Q2 25 | $725.3M | $15.2M | ||
| Q1 25 | $662.9M | $10.5M | ||
| Q4 24 | $731.7M | $7.3M | ||
| Q3 24 | $805.7M | $854.0K | ||
| Q2 24 | $701.4M | $898.0K | ||
| Q1 24 | $663.3M | $6.6M |
| Q4 25 | $-3.4M | $-120.5M | ||
| Q3 25 | $34.9M | $-641.4M | ||
| Q2 25 | $153.5M | $-222.9M | ||
| Q1 25 | $28.3M | $15.1M | ||
| Q4 24 | $22.3M | $-268.1M | ||
| Q3 24 | $47.6M | $-342.9M | ||
| Q2 24 | $-43.8M | $-28.2M | ||
| Q1 24 | $32.4M | $-46.7M |
| Q4 25 | 32.9% | -93.8% | ||
| Q3 25 | 36.6% | -111.2% | ||
| Q2 25 | 55.1% | -203.2% | ||
| Q1 25 | 39.1% | -234.7% | ||
| Q4 24 | 36.8% | -324.0% | ||
| Q3 24 | 38.1% | -2916.9% | ||
| Q2 24 | 39.5% | -1472.5% | ||
| Q1 24 | 38.2% | -327.6% |
| Q4 25 | -0.6% | -140.1% | ||
| Q3 25 | 6.4% | -200.6% | ||
| Q2 25 | 22.6% | -419.1% | ||
| Q1 25 | 5.5% | -506.2% | ||
| Q4 24 | 4.1% | -712.8% | ||
| Q3 24 | 7.4% | -6244.3% | ||
| Q2 24 | -8.2% | -3233.5% | ||
| Q1 24 | 6.4% | -623.2% |
| Q4 25 | -0.4% | -207.7% | ||
| Q3 25 | 4.2% | -2102.1% | ||
| Q2 25 | 21.2% | -1463.2% | ||
| Q1 25 | 4.3% | 144.7% | ||
| Q4 24 | 3.0% | -3696.7% | ||
| Q3 24 | 5.9% | -40148.2% | ||
| Q2 24 | -6.2% | -3137.2% | ||
| Q1 24 | 4.9% | -707.6% |
| Q4 25 | — | $-0.53 | ||
| Q3 25 | — | $-4.91 | ||
| Q2 25 | — | $-1.05 | ||
| Q1 25 | — | $-0.20 | ||
| Q4 24 | — | $-2.30 | ||
| Q3 24 | — | $-1.77 | ||
| Q2 24 | — | $-0.25 | ||
| Q1 24 | — | $-0.23 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $214.8M | $568.0M |
| Total DebtLower is stronger | — | $813.3M |
| Stockholders' EquityBook value | $141.3M | $-2.2B |
| Total Assets | $4.4B | $885.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $214.8M | $568.0M | ||
| Q3 25 | $236.2M | $58.7M | ||
| Q2 25 | $171.1M | $120.2M | ||
| Q1 25 | $139.3M | $82.6M | ||
| Q4 24 | $195.9M | $74.3M | ||
| Q3 24 | $216.9M | $23.0M | ||
| Q2 24 | $146.7M | $52.5M | ||
| Q1 24 | $158.1M | $31.8M |
| Q4 25 | — | $813.3M | ||
| Q3 25 | $3.4B | $448.5M | ||
| Q2 25 | $3.2B | $445.3M | ||
| Q1 25 | $3.2B | $325.5M | ||
| Q4 24 | $3.1B | $316.9M | ||
| Q3 24 | $3.2B | $187.4M | ||
| Q2 24 | $3.2B | $153.3M | ||
| Q1 24 | $3.2B | $205.6M |
| Q4 25 | $141.3M | $-2.2B | ||
| Q3 25 | $169.9M | $-2.3B | ||
| Q2 25 | $183.2M | $-1.1B | ||
| Q1 25 | $133.9M | $-942.2M | ||
| Q4 24 | $140.6M | $-1.1B | ||
| Q3 24 | $135.8M | $-573.8M | ||
| Q2 24 | $123.4M | $-190.8M | ||
| Q1 24 | $191.3M | $-147.7M |
| Q4 25 | $4.4B | $885.2M | ||
| Q3 25 | $4.6B | $328.2M | ||
| Q2 25 | $4.5B | $361.0M | ||
| Q1 25 | $4.2B | $263.3M | ||
| Q4 24 | $4.2B | $260.3M | ||
| Q3 24 | $4.3B | $216.8M | ||
| Q2 24 | $4.2B | $248.8M | ||
| Q1 24 | $4.3B | $155.7M |
| Q4 25 | — | — | ||
| Q3 25 | 20.28× | — | ||
| Q2 25 | 17.57× | — | ||
| Q1 25 | 23.56× | — | ||
| Q4 24 | 22.17× | — | ||
| Q3 24 | 23.51× | — | ||
| Q2 24 | 26.04× | — | ||
| Q1 24 | 16.86× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $149.5M | $-50.3M |
| Free Cash FlowOCF − Capex | $124.2M | $-75.2M |
| FCF MarginFCF / Revenue | 15.9% | -129.7% |
| Capex IntensityCapex / Revenue | 3.2% | 43.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $145.0M | $-265.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $149.5M | $-50.3M | ||
| Q3 25 | $61.5M | $-65.9M | ||
| Q2 25 | $21.4M | $-66.1M | ||
| Q1 25 | $-12.8M | $-28.9M | ||
| Q4 24 | $77.0M | $-42.7M | ||
| Q3 24 | $168.9M | $-44.4M | ||
| Q2 24 | $45.8M | $-26.3M | ||
| Q1 24 | $36.8M | $-40.5M |
| Q4 25 | $124.2M | $-75.2M | ||
| Q3 25 | $46.7M | $-82.7M | ||
| Q2 25 | $7.9M | $-73.2M | ||
| Q1 25 | $-33.8M | $-33.8M | ||
| Q4 24 | $42.4M | $-55.8M | ||
| Q3 24 | $141.5M | $-54.2M | ||
| Q2 24 | $27.3M | $-32.6M | ||
| Q1 24 | $10.3M | $-44.5M |
| Q4 25 | 15.9% | -129.7% | ||
| Q3 25 | 5.6% | -271.1% | ||
| Q2 25 | 1.1% | -480.2% | ||
| Q1 25 | -5.1% | -323.6% | ||
| Q4 24 | 5.8% | -769.1% | ||
| Q3 24 | 17.6% | -6347.5% | ||
| Q2 24 | 3.9% | -3628.3% | ||
| Q1 24 | 1.6% | -674.4% |
| Q4 25 | 3.2% | 43.1% | ||
| Q3 25 | 1.8% | 55.2% | ||
| Q2 25 | 1.9% | 46.2% | ||
| Q1 25 | 3.2% | 47.0% | ||
| Q4 24 | 4.7% | 180.6% | ||
| Q3 24 | 3.4% | 1143.2% | ||
| Q2 24 | 2.6% | 695.9% | ||
| Q1 24 | 4.0% | 61.2% |
| Q4 25 | — | — | ||
| Q3 25 | 1.76× | — | ||
| Q2 25 | 0.14× | — | ||
| Q1 25 | -0.45× | -1.91× | ||
| Q4 24 | 3.45× | — | ||
| Q3 24 | 3.55× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.14× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ENR
| Alkaline Batteries | $666.5M | 86% |
| Auto Care | $93.7M | 12% |
| Lights | $18.7M | 2% |
EOSE
Segment breakdown not available.
