ESS Tech (GWH-WT) Assets Average (2020 - 2026)

ESS Tech (GWH-WT) recorded quarterly Assets Average of $49.9 million in Q1 2026, up 14.23% quarter-over-quarter from $43.7 million in Q4 2025, and down 20.46% on a YoY basis from $62.7 million in Q1 2025.

ESS Tech (GWH-WT) Assets Average (2020 - 2026) Analysis & Trends

ESS Tech's Assets Average history runs 7 years deep, the most recent figure standing at $49.9 million for Q1 2026.

  • In Q1 2026, Assets Average fell 20.46% year-over-year to $49.9 million; the TTM figure through Mar 2026 stood at $49.9 million (down 20.46% YoY), while the FY2025 annual figure was $61.5 million, down 42.81% from the prior year.
  • Assets Average was $49.9 million for Q1 2026 at ESS Tech, up from $43.7 million in the prior quarter.
  • In the past five years, Assets Average ranged from a high of $242.8 million in Q1 2022 to a low of $37.9 million in Q3 2025.
  • Historically, Assets Average has averaged $125.1 million across 5 years, with a median of $133.4 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Assets Average jumped 87.03% in 2022, then slumped 63.55% in 2025.
  • A 5-year view of Assets Average shows it stood at $182.7 million in 2022, then dropped by 17.38% to $150.9 million in 2023, then slumped by 44.18% to $84.3 million in 2024, then sank by 48.18% to $43.7 million in 2025, then gained by 14.23% to $49.9 million in 2026.
  • The last three Assets Average figures came in at $49.9 million (Q1 2026), $43.7 million (Q4 2025), and $37.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Assets Avg. (Qtr)
1 Novonix 472.68 Bn 472.63 Bn - 304.93 Mn
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn 12.81 Bn
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn 4.53 Bn
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn 6.91 Bn
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn 8.32 Bn
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn 2.57 Bn
7 Powell Industries 10.72 Bn 10.17 Bn 87.94 Mn 1.14 Bn
8 Ballard Power Systems 10.33 Bn 9.80 Bn 5.64 Mn 696.43 Mn
9 Acuity Inc. (De) 9.04 Bn 8.77 Bn 520.40 Mn 4.61 Bn
10 ESS Tech - - -7.04 Mn 49.87 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 49.87 Mn
Dec 31, 2025 43.66 Mn
Sep 30, 2025 37.88 Mn
Jun 30, 2025 46.60 Mn
Mar 31, 2025 62.70 Mn
Dec 31, 2024 84.26 Mn
Sep 30, 2024 103.92 Mn
Jun 30, 2024 117.38 Mn
Mar 31, 2024 133.43 Mn
Dec 31, 2023 150.95 Mn
Sep 30, 2023 143.21 Mn
Jun 30, 2023 137.60 Mn
Mar 31, 2023 160.50 Mn
Dec 31, 2022 182.71 Mn
Sep 30, 2022 203.99 Mn
Jun 30, 2022 225.80 Mn
Mar 31, 2022 242.84 Mn
Dec 31, 2021 250.21 Mn
Sep 30, 2021 250.26 Mn
Jun 30, 2021 250.48 Mn