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Side-by-side financial comparison of Eos Energy Enterprises, Inc. (EOSE) and KINGSWAY FINANCIAL SERVICES INC (KFS). Click either name above to swap in a different company.

Eos Energy Enterprises, Inc. is the larger business by last-quarter revenue ($58.0M vs $38.6M, roughly 1.5× KINGSWAY FINANCIAL SERVICES INC). KINGSWAY FINANCIAL SERVICES INC runs the higher net margin — -4.1% vs -207.7%, a 203.6% gap on every dollar of revenue. On growth, Eos Energy Enterprises, Inc. posted the faster year-over-year revenue change (699.6% vs 30.1%).

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.

Kingsway Financial Services Inc. is a specialty financial holding firm that primarily offers property and casualty insurance products, including personal auto, commercial liability and property coverage. It operates mainly across North American markets, catering to individual consumers, small business owners and niche commercial client segments.

EOSE vs KFS — Head-to-Head

Bigger by revenue
EOSE
EOSE
1.5× larger
EOSE
$58.0M
$38.6M
KFS
Growing faster (revenue YoY)
EOSE
EOSE
+669.6% gap
EOSE
699.6%
30.1%
KFS
Higher net margin
KFS
KFS
203.6% more per $
KFS
-4.1%
-207.7%
EOSE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EOSE
EOSE
KFS
KFS
Revenue
$58.0M
$38.6M
Net Profit
$-120.5M
$-1.6M
Gross Margin
-93.8%
Operating Margin
-140.1%
0.8%
Net Margin
-207.7%
-4.1%
Revenue YoY
699.6%
30.1%
Net Profit YoY
55.1%
-7.8%
EPS (diluted)
$-0.53
$-0.07

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.

Revenue
EOSE
EOSE
KFS
KFS
Q4 25
$58.0M
$38.6M
Q3 25
$30.5M
$37.2M
Q2 25
$15.2M
$30.9M
Q1 25
$10.5M
$28.3M
Q4 24
$7.3M
$29.6M
Q3 24
$27.1M
Q2 24
$26.4M
Q1 24
$26.2M
Net Profit
EOSE
EOSE
KFS
KFS
Q4 25
$-120.5M
$-1.6M
Q3 25
$-641.4M
$-2.4M
Q2 25
$-222.9M
$-3.2M
Q1 25
$15.1M
$-3.1M
Q4 24
$-268.1M
$-1.5M
Q3 24
$-2.3M
Q2 24
$-2.2M
Q1 24
$-2.3M
Gross Margin
EOSE
EOSE
KFS
KFS
Q4 25
-93.8%
Q3 25
-111.2%
Q2 25
-203.2%
Q1 25
-234.7%
Q4 24
-324.0%
Q3 24
Q2 24
Q1 24
Operating Margin
EOSE
EOSE
KFS
KFS
Q4 25
-140.1%
0.8%
Q3 25
-200.6%
-2.3%
Q2 25
-419.1%
-3.6%
Q1 25
-506.2%
-2.5%
Q4 24
-712.8%
6.5%
Q3 24
-2.5%
Q2 24
0.5%
Q1 24
2.9%
Net Margin
EOSE
EOSE
KFS
KFS
Q4 25
-207.7%
-4.1%
Q3 25
-2102.1%
-6.5%
Q2 25
-1463.2%
-10.2%
Q1 25
144.7%
-10.9%
Q4 24
-3696.7%
-5.0%
Q3 24
-8.5%
Q2 24
-8.3%
Q1 24
-8.9%
EPS (diluted)
EOSE
EOSE
KFS
KFS
Q4 25
$-0.53
$-0.07
Q3 25
$-4.91
$-0.10
Q2 25
$-1.05
$-0.13
Q1 25
$-0.20
$-0.13
Q4 24
$-2.30
$-0.08
Q3 24
$-0.10
Q2 24
$-0.08
Q1 24
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EOSE
EOSE
KFS
KFS
Cash + ST InvestmentsLiquidity on hand
$568.0M
$8.5M
Total DebtLower is stronger
$813.3M
$70.7M
Stockholders' EquityBook value
$-2.2B
$15.2M
Total Assets
$885.2M
$231.5M
Debt / EquityLower = less leverage
4.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EOSE
EOSE
KFS
KFS
Q4 25
$568.0M
$8.5M
Q3 25
$58.7M
$9.5M
Q2 25
$120.2M
$12.3M
Q1 25
$82.6M
$6.5M
Q4 24
$74.3M
$5.7M
Q3 24
$6.7M
Q2 24
$9.8M
Q1 24
$12.3M
Total Debt
EOSE
EOSE
KFS
KFS
Q4 25
$813.3M
$70.7M
Q3 25
$448.5M
$70.7M
Q2 25
$445.3M
$58.3M
Q1 25
$325.5M
$59.5M
Q4 24
$316.9M
$57.5M
Q3 24
$58.5M
Q2 24
$47.3M
Q1 24
$47.1M
Stockholders' Equity
EOSE
EOSE
KFS
KFS
Q4 25
$-2.2B
$15.2M
Q3 25
$-2.3B
$16.6M
Q2 25
$-1.1B
$17.4M
Q1 25
$-942.2M
$5.5M
Q4 24
$-1.1B
$8.4M
Q3 24
$9.9M
Q2 24
$20.7M
Q1 24
$23.6M
Total Assets
EOSE
EOSE
KFS
KFS
Q4 25
$885.2M
$231.5M
Q3 25
$328.2M
$235.1M
Q2 25
$361.0M
$207.7M
Q1 25
$263.3M
$192.1M
Q4 24
$260.3M
$186.6M
Q3 24
$191.1M
Q2 24
$192.3M
Q1 24
$198.0M
Debt / Equity
EOSE
EOSE
KFS
KFS
Q4 25
4.66×
Q3 25
4.25×
Q2 25
3.34×
Q1 25
10.91×
Q4 24
6.84×
Q3 24
5.88×
Q2 24
2.29×
Q1 24
2.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EOSE
EOSE
KFS
KFS
Operating Cash FlowLast quarter
$-50.3M
$-3.0K
Free Cash FlowOCF − Capex
$-75.2M
FCF MarginFCF / Revenue
-129.7%
Capex IntensityCapex / Revenue
43.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-265.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EOSE
EOSE
KFS
KFS
Q4 25
$-50.3M
$-3.0K
Q3 25
$-65.9M
$1.5M
Q2 25
$-66.1M
$337.0K
Q1 25
$-28.9M
$-1.8M
Q4 24
$-42.7M
$1.1M
Q3 24
$368.0K
Q2 24
$557.0K
Q1 24
$249.0K
Free Cash Flow
EOSE
EOSE
KFS
KFS
Q4 25
$-75.2M
Q3 25
$-82.7M
$1.3M
Q2 25
$-73.2M
Q1 25
$-33.8M
Q4 24
$-55.8M
Q3 24
Q2 24
Q1 24
FCF Margin
EOSE
EOSE
KFS
KFS
Q4 25
-129.7%
Q3 25
-271.1%
3.4%
Q2 25
-480.2%
Q1 25
-323.6%
Q4 24
-769.1%
Q3 24
Q2 24
Q1 24
Capex Intensity
EOSE
EOSE
KFS
KFS
Q4 25
43.1%
Q3 25
55.2%
0.5%
Q2 25
46.2%
Q1 25
47.0%
Q4 24
180.6%
Q3 24
0.0%
Q2 24
Q1 24
Cash Conversion
EOSE
EOSE
KFS
KFS
Q4 25
Q3 25
Q2 25
Q1 25
-1.91×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EOSE
EOSE

Segment breakdown not available.

KFS
KFS

Other$14.8M38%
Roundhouse Electric Equipment Co Inc$9.7M25%
MLC Plumbing LLC$5.7M15%
Systems Products International Incspi$3.8M10%
Advanced Plumbing And Drain$2.9M8%
Southside Plumbing$1.7M4%

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