ESS Tech (GWH-WT) Current Deferred Revenue (2020 - 2026)

ESS Tech (GWH-WT) recorded quarterly Current Deferred Revenue of $346000.0 in Q1 2026, down 93.88% quarter-over-quarter from $5.7 million in Q4 2025, and down 75.29% on a YoY basis from $1.4 million in Q1 2025.

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

ESS Tech's Current Deferred Revenue history runs 7 years deep, the most recent figure standing at $346000.0 for Q1 2026.

  • In Q1 2026, Current Deferred Revenue fell 75.29% year-over-year to $346000.0; the TTM figure through Mar 2026 stood at $346000.0 (down 75.29% YoY), while the FY2025 annual figure was $5.7 million, up 8.0% from the prior year.
  • Current Deferred Revenue was $346000.0 for Q1 2026 at ESS Tech, down from $5.7 million in the prior quarter.
  • In the past five years, Current Deferred Revenue ranged from a high of $21.3 million in Q3 2023 to a low of $346000.0 in Q1 2026.
  • Historically, Current Deferred Revenue has averaged $7.1 million across 5 years, with a median of $5.9 million in 2023.
  • The sharpest annual moves came in 2023 and 2025: Current Deferred Revenue soared 501.49% in 2023, then sank 77.96% in 2025.
  • A 5-year view of Current Deferred Revenue shows it stood at $8.6 million in 2022, then tumbled by 70.43% to $2.5 million in 2023, then soared by 105.7% to $5.2 million in 2024, then advanced by 8.0% to $5.7 million in 2025, then slumped by 93.88% to $346000.0 in 2026.
  • The last three Current Deferred Revenue figures came in at $346000.0 (Q1 2026), $5.7 million (Q4 2025), and $1.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Novonix 472.68 Bn 472.63 Bn -
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn
7 Powell Industries 10.72 Bn 10.17 Bn 87.94 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
10 ESS Tech - - -7.04 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 346,000.00
Dec 31, 2025 5.66 Mn
Sep 30, 2025 1.33 Mn
Jun 30, 2025 13.20 Mn
Mar 31, 2025 1.40 Mn
Dec 31, 2024 5.24 Mn
Sep 30, 2024 6.03 Mn
Jun 30, 2024 20.09 Mn
Mar 31, 2024 5.60 Mn
Dec 31, 2023 2.55 Mn
Sep 30, 2023 21.33 Mn
Jun 30, 2023 6.52 Mn
Mar 31, 2023 5.93 Mn
Dec 31, 2022 8.61 Mn
Sep 30, 2022 3.55 Mn
Jun 30, 2022 6.80 Mn
Mar 31, 2022 6.86 Mn
Dec 31, 2021 3.66 Mn
Sep 30, 2021 3.11 Mn
Dec 31, 2020 2.26 Mn