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