ESS Tech (GWH-WT) Change in Inventory (2023 - 2026)

ESS Tech (GWH-WT) recorded quarterly Change in Inventory of -$17000.0 in Q1 2026, up 99.62% quarter-over-quarter from -$4.5 million in Q4 2025, and down 101.37% on a YoY basis from $1.2 million in Q1 2025.

ESS Tech (GWH-WT) Change in Inventory (2023 - 2026) Analysis & Trends

ESS Tech's Change in Inventory history runs 4 years deep, the most recent figure standing at -$17000.0 for Q1 2026.

  • In Q1 2026, Change in Inventory fell 101.37% year-over-year to -$17000.0; the TTM figure through Mar 2026 stood at -$6.1 million (down 206.63% YoY), while the FY2025 annual figure was -$4.8 million, down 245.31% from the prior year.
  • Change in Inventory was -$17000.0 for Q1 2026 at ESS Tech, up from -$4.5 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $13.1 million in Q3 2023 to a low of -$4.5 million in Q4 2025.
  • Historically, Change in Inventory has averaged $1.2 million across 4 years, with a median of $705000.0 in 2025.
  • Biggest YoY gain for Change in Inventory was 208.56% in 2025; the steepest drop was 223.28% in 2025.
  • A 4-year view of Change in Inventory shows it stood at $1.5 million in 2023, then slumped by 191.3% to -$1.4 million in 2024, then tumbled by 223.28% to -$4.5 million in 2025, then soared by 99.62% to -$17000.0 in 2026.
  • The last three Change in Inventory figures came in at -$17000.0 (Q1 2026), -$4.5 million (Q4 2025), and $705000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Novonix 472.68 Bn 472.63 Bn - -
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn 384.20 Mn
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn 88.58 Mn
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn 42.60 Mn
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn 61.20 Mn
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn 48.40 Mn
7 Powell Industries 10.72 Bn 10.17 Bn 87.94 Mn 1.69 Mn
8 Ballard Power Systems 10.33 Bn 9.80 Bn 5.64 Mn -
9 Acuity Inc. (De) 9.04 Bn 8.77 Bn 520.40 Mn -4.20 Mn
10 ESS Tech - - -7.04 Mn -17,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 -17,000.00
Mar 31, 2026 -17,000.00
Dec 31, 2025 -4.51 Mn
Dec 31, 2025 -4.51 Mn
Sep 30, 2025 705,000.00
Sep 30, 2025 705,000.00
Jun 30, 2025 -2.27 Mn
Jun 30, 2025 -2.27 Mn
Mar 31, 2025 1.24 Mn
Mar 31, 2025 1.24 Mn
Dec 31, 2024 -1.40 Mn
Dec 31, 2024 -1.40 Mn
Sep 30, 2024 1.85 Mn
Sep 30, 2024 1.85 Mn
Jun 30, 2024 4.02 Mn
Jun 30, 2024 4.02 Mn
Mar 31, 2024 -1.15 Mn
Mar 31, 2024 -1.15 Mn
Dec 31, 2023 1.53 Mn
Dec 31, 2023 1.53 Mn