Risk factors

Zeo Energy (ZEO) risk factors

Item 1A of every Zeo Energy Corp. 10-K on file, and what changed from one year to the next.

  • FY2025 10-K risk factors

    93 risks, 14 new, 6 dropped, 5 reworded since the prior year. Integration of Heliogen expands business scope and introduces net operating loss carryforward limits totaling $244.4 million federal and $265.7 million state.

    Filed Apr 01, 2026
  • FY2024 10-K risk factors

    85 risks. Zeo Energy faces heavy geographic concentration, relying on Florida for 53% to 92% of recent sales. The company depends heavily on third-party equipment suppliers, subcontractors, and consumer credit markets. Warranty liabilities, regulatory grid constraints, and international supply chain dependencies dominate the risk profile.

    Filed May 28, 2025