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Side-by-side financial comparison of Eos Energy Enterprises, Inc. (EOSE) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.
Target Hospitality Corp. is the larger business by last-quarter revenue ($73.5M vs $58.0M, roughly 1.3× Eos Energy Enterprises, Inc.). Target Hospitality Corp. runs the higher net margin — -20.3% vs -207.7%, a 187.3% gap on every dollar of revenue. On growth, Eos Energy Enterprises, Inc. posted the faster year-over-year revenue change (699.6% vs 22.0%).
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.
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
EOSE vs TH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $58.0M | $73.5M |
| Net Profit | $-120.5M | $-14.9M |
| Gross Margin | -93.8% | 9.6% |
| Operating Margin | -140.1% | -22.9% |
| Net Margin | -207.7% | -20.3% |
| Revenue YoY | 699.6% | 22.0% |
| Net Profit YoY | 55.1% | -219.1% |
| EPS (diluted) | $-0.53 | $-0.14 |
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 | $58.0M | $73.5M | ||
| Q3 25 | $30.5M | $91.6M | ||
| Q2 25 | $15.2M | $54.9M | ||
| Q1 25 | $10.5M | $54.9M | ||
| Q4 24 | $7.3M | $60.2M | ||
| Q3 24 | — | $65.8M | ||
| Q2 24 | — | $67.5M | ||
| Q1 24 | — | $72.4M |
| Q4 25 | $-120.5M | $-14.9M | ||
| Q3 25 | $-641.4M | $-795.0K | ||
| Q2 25 | $-222.9M | $-14.9M | ||
| Q1 25 | $15.1M | $-6.5M | ||
| Q4 24 | $-268.1M | $12.5M | ||
| Q3 24 | — | $20.0M | ||
| Q2 24 | — | $18.4M | ||
| Q1 24 | — | $20.4M |
| Q4 25 | -93.8% | 9.6% | ||
| Q3 25 | -111.2% | 19.6% | ||
| Q2 25 | -203.2% | -0.6% | ||
| Q1 25 | -234.7% | 32.7% | ||
| Q4 24 | -324.0% | 61.5% | ||
| Q3 24 | — | 68.7% | ||
| Q2 24 | — | 69.4% | ||
| Q1 24 | — | 67.8% |
| Q4 25 | -140.1% | -22.9% | ||
| Q3 25 | -200.6% | 0.1% | ||
| Q2 25 | -419.1% | -30.8% | ||
| Q1 25 | -506.2% | -2.0% | ||
| Q4 24 | -712.8% | 34.5% | ||
| Q3 24 | — | 42.5% | ||
| Q2 24 | — | 43.8% | ||
| Q1 24 | — | 42.0% |
| Q4 25 | -207.7% | -20.3% | ||
| Q3 25 | -2102.1% | -0.9% | ||
| Q2 25 | -1463.2% | -27.2% | ||
| Q1 25 | 144.7% | -11.8% | ||
| Q4 24 | -3696.7% | 20.8% | ||
| Q3 24 | — | 30.4% | ||
| Q2 24 | — | 27.2% | ||
| Q1 24 | — | 28.2% |
| Q4 25 | $-0.53 | $-0.14 | ||
| Q3 25 | $-4.91 | $-0.01 | ||
| Q2 25 | $-1.05 | $-0.15 | ||
| Q1 25 | $-0.20 | $-0.07 | ||
| Q4 24 | $-2.30 | $0.12 | ||
| Q3 24 | — | $0.20 | ||
| Q2 24 | — | $0.18 | ||
| Q1 24 | — | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $568.0M | $8.3M |
| Total DebtLower is stronger | $813.3M | $1.7M |
| Stockholders' EquityBook value | $-2.2B | $389.3M |
| Total Assets | $885.2M | $530.2M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $568.0M | $8.3M | ||
| Q3 25 | $58.7M | $30.4M | ||
| Q2 25 | $120.2M | $19.2M | ||
| Q1 25 | $82.6M | $34.5M | ||
| Q4 24 | $74.3M | $190.7M | ||
| Q3 24 | — | $177.7M | ||
| Q2 24 | — | $154.3M | ||
| Q1 24 | — | $124.3M |
| Q4 25 | $813.3M | $1.7M | ||
| Q3 25 | $448.5M | $2.0M | ||
| Q2 25 | $445.3M | $26.3M | ||
| Q1 25 | $325.5M | $42.9M | ||
| Q4 24 | $316.9M | $1.5M | ||
| Q3 24 | — | $994.0K | ||
| Q2 24 | — | $1.1M | ||
| Q1 24 | — | $179.9M |
| Q4 25 | $-2.2B | $389.3M | ||
| Q3 25 | $-2.3B | $402.4M | ||
| Q2 25 | $-1.1B | $401.3M | ||
| Q1 25 | $-942.2M | $415.3M | ||
| Q4 24 | $-1.1B | $421.1M | ||
| Q3 24 | — | $417.6M | ||
| Q2 24 | — | $397.2M | ||
| Q1 24 | — | $375.5M |
| Q4 25 | $885.2M | $530.2M | ||
| Q3 25 | $328.2M | $541.2M | ||
| Q2 25 | $361.0M | $533.7M | ||
| Q1 25 | $263.3M | $562.5M | ||
| Q4 24 | $260.3M | $725.8M | ||
| Q3 24 | — | $709.8M | ||
| Q2 24 | — | $697.0M | ||
| Q1 24 | — | $687.2M |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.48× |
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 | $-50.3M | $5.7M |
| 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.
| Q4 25 | $-50.3M | $5.7M | ||
| Q3 25 | $-65.9M | $53.4M | ||
| Q2 25 | $-66.1M | $11.1M | ||
| Q1 25 | $-28.9M | $3.9M | ||
| Q4 24 | $-42.7M | $30.6M | ||
| Q3 24 | — | $31.4M | ||
| Q2 24 | — | $39.1M | ||
| Q1 24 | — | $50.6M |
| Q4 25 | $-75.2M | — | ||
| Q3 25 | $-82.7M | — | ||
| Q2 25 | $-73.2M | — | ||
| Q1 25 | $-33.8M | $-11.6M | ||
| Q4 24 | $-55.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -129.7% | — | ||
| Q3 25 | -271.1% | — | ||
| Q2 25 | -480.2% | — | ||
| Q1 25 | -323.6% | -21.1% | ||
| Q4 24 | -769.1% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 43.1% | — | ||
| Q3 25 | 55.2% | — | ||
| Q2 25 | 46.2% | — | ||
| Q1 25 | 47.0% | 28.2% | ||
| Q4 24 | 180.6% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -1.91× | — | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | — | 1.57× | ||
| Q2 24 | — | 2.13× | ||
| Q1 24 | — | 2.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EOSE
Segment breakdown not available.
TH
| Services | $40.9M | 56% |
| Hospitality And Facilities Services South | $32.6M | 44% |