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

ESS Tech (GWH-WT) recorded quarterly Current Assets of $24.8 million in Q1 2026, down 5.61% quarter-over-quarter from $26.2 million in Q4 2025, and up 4.57% on a YoY basis from $23.7 million in Q1 2025.

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

ESS Tech's Current Assets history runs 7 years deep, the most recent figure standing at $24.8 million for Q1 2026.

  • In Q1 2026, Current Assets rose 4.57% year-over-year to $24.8 million; the TTM figure through Mar 2026 stood at $24.8 million (up 4.57% YoY), while the FY2025 annual figure was $26.2 million, down 39.47% from the prior year.
  • Current Assets was $24.8 million for Q1 2026 at ESS Tech, down from $26.2 million in the prior quarter.
  • In the past five years, Current Assets ranged from a high of $220.8 million in Q1 2022 to a low of $11.2 million in Q2 2025.
  • Historically, Current Assets has averaged $95.0 million across 5 years, with a median of $98.2 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Current Assets surged 106022.84% in 2022, then sank 86.81% in 2025.
  • A 5-year view of Current Assets shows it stood at $151.6 million in 2022, then slipped by 22.12% to $118.1 million in 2023, then sank by 63.28% to $43.4 million in 2024, then plunged by 39.47% to $26.2 million in 2025, then retreated by 5.61% to $24.8 million in 2026.
  • The last three Current Assets figures came in at $24.8 million (Q1 2026), $26.2 million (Q4 2025), and $11.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Assets (Qtr)
1 Novonix 472.68 Bn 472.63 Bn - 89.16 Mn
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn 7.98 Bn
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn 3.95 Bn
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn 1.79 Bn
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn 2.80 Bn
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn 1.59 Bn
7 Powell Industries 10.72 Bn 10.17 Bn 87.94 Mn 1.01 Bn
8 Ballard Power Systems 10.33 Bn 9.80 Bn 5.64 Mn 601.43 Mn
9 Acuity Inc. (De) 9.04 Bn 8.77 Bn 520.40 Mn 1.51 Bn
10 ESS Tech - - -7.04 Mn 24.77 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 24.77 Mn
Dec 31, 2025 26.25 Mn
Sep 30, 2025 11.56 Mn
Jun 30, 2025 11.17 Mn
Mar 31, 2025 23.69 Mn
Dec 31, 2024 43.36 Mn
Sep 30, 2024 68.55 Mn
Jun 30, 2024 84.66 Mn
Mar 31, 2024 98.25 Mn
Dec 31, 2023 118.10 Mn
Sep 30, 2023 131.43 Mn
Jun 30, 2023 105.42 Mn
Mar 31, 2023 125.06 Mn
Dec 31, 2022 151.64 Mn
Sep 30, 2022 171.24 Mn
Jun 30, 2022 199.37 Mn
Mar 31, 2022 220.83 Mn
Dec 31, 2021 245.52 Mn
Sep 30, 2021 161,363.00
Jun 30, 2021 252,068.00