Joseph Osha's questions to Eos Energy Enterprises Inc (EOSE) leadership • Q1 2025
Question
Joseph Osha sought clarification on the definition of 'at scale' for the company's cost reduction targets and its implications for gross margin by late 2026. He also asked for more detail on the DOE LPO 'portfolio review' process and whether it was a cause for concern.
Answer
CEO Joseph Mastrangelo and CFO Eric Javidi described 'scale' as a relative term, with cost benefits increasing as production surpasses the gigawatt-hour level, but declined to give specific 2026 gross margin guidance. Regarding the DOE, they characterized the portfolio review as 'business as usual' and a standard part of a collaborative partnership, especially with new personnel, stating it has not raised any concerns.