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