ESS Tech (GWH-WT) EBITDA Margin (2022 - 2026)
ESS Tech (GWH-WT) recorded quarterly EBITDA Margin of 12439.06% in Q1 2026, down 923.63% quarter-over-quarter from 1510.26% in Q4 2025, and down 942971.0% on a YoY basis from N/an in Q1 2025.
ESS Tech (GWH-WT) EBITDA Margin (2022 - 2026) Analysis & Trends
ESS Tech's EBITDA Margin history runs 5 years deep, the most recent figure standing at 12439.06% for Q1 2026.
- In Q1 2026, EBITDA Margin fell 942971.0% year-over-year to 12439.06%; the TTM figure through Mar 2026 stood at 5515.83% (down 344802.0% YoY), while the FY2025 annual figure was 4007.58%, down 263789.0% from the prior year.
- EBITDA Margin was 12439.06% for Q1 2026 at ESS Tech, down from 1510.26% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 1510.26% in Q4 2025 to a low of 156718.75% in Q4 2022.
- Historically, EBITDA Margin has averaged 13569.78% across 5 years, with a median of 2640.83% in 2022.
- The sharpest annual moves came in 2023 and 2026: EBITDA Margin jumped 15614185 bps in 2023, then slumped 942971 bps in 2026.
- A 5-year view of EBITDA Margin shows it stood at 156718.75% in 2022, then jumped by 100 bps to 576.9% in 2023, then tumbled by 43 bps to 823.82% in 2024, then jumped by 283 bps to 1510.26% in 2025, then plunged by 924 bps to 12439.06% in 2026.
- The last three EBITDA Margin figures came in at 12439.06% (Q1 2026), 1510.26% (Q4 2025), and 4848.13% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 472.68 Bn | 472.63 Bn | - | - |
| 2 | Vertiv Holdings | 115.80 Bn | 113.29 Bn | 999.70 Mn | 16.61% |
| 3 | Bloom Energy | 73.20 Bn | 70.74 Bn | 225.54 Mn | 9.61% |
| 4 | nVent Electric | 26.87 Bn | 26.68 Bn | 445.60 Mn | 11.72% |
| 5 | Hubbell | 25.27 Bn | 24.77 Bn | 505.30 Mn | 17.39% |
| 6 | Advanced Energy Industries | 13.35 Bn | 13.35 Bn | 200.90 Mn | 13.37% |
| 7 | Powell Industries | 10.72 Bn | 10.17 Bn | 87.94 Mn | 19.41% |
| 8 | Ballard Power Systems | 10.33 Bn | 9.80 Bn | 5.64 Mn | 34.48% |
| 9 | Acuity Inc. (De) | 9.04 Bn | 8.77 Bn | 520.40 Mn | 11.13% |
| 10 | ESS Tech | - | - | -7.04 Mn | -12,439.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12,439.06% |
| Dec 31, 2025 | 1,510.26% |
| Sep 30, 2025 | -4,848.13% |
| Jun 30, 2025 | -468.87% |
| Mar 31, 2025 | -3,009.35% |
| Dec 31, 2024 | -823.82% |
| Sep 30, 2024 | -6,265.46% |
| Jun 30, 2024 | -6,304.60% |
| Mar 31, 2024 | -668.74% |
| Dec 31, 2023 | -576.90% |
| Sep 30, 2023 | -1,075.60% |
| Jun 30, 2023 | -811.07% |
| Mar 31, 2023 | -5,887.37% |
| Dec 31, 2022 | -156,718.75% |
| Sep 30, 2022 | -16,456.77% |
| Jun 30, 2022 | -2,272.30% |