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| Date | Value |
|---|---|
| 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 |