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