ESS Tech (GWH-WT) EBITDA (2020 - 2026)

ESS Tech's EBITDA history runs 7 years deep, the most recent figure standing at -$15.9 million for Q1 2026.

• In Q1 2026, EBITDA rose 11.67% year-over-year to -$15.9 million; the TTM figure through Mar 2026 stood at -$61.3 million (up 28.63% YoY), while the FY2025 annual figure was -$63.4 million, up 26.42% from the prior year.
• EBITDA was -$15.9 million for Q1 2026 at ESS Tech, up from -$24.0 million in the prior quarter.
• In the past five years, EBITDA ranged from a high of -$5.7 million in Q1 2022 to a low of -$31.6 million in Q3 2022.
• Historically, EBITDA has averaged -$18.9 million across 5 years, with a median of -$18.3 million in 2024.
• The sharpest annual moves came in 2022 and 2023: EBITDA jumped 86.1% in 2022, then slumped 283.62% in 2023.
• A 5-year view of EBITDA shows it stood at -$25.1 million in 2022, then jumped by 35.67% to -$16.1 million in 2023, then slumped by 45.56% to -$23.5 million in 2024, then dropped by 2.15% to -$24.0 million in 2025, then surged by 33.61% to -$15.9 million in 2026.
• The last three EBITDA figures came in at -$15.9 million (Q1 2026), -$24.0 million (Q4 2025), and -$10.4 million (Q3 2025), per Business Quant data.