ESS Tech (GWH-WT) Goodwill & Intangibles (2023 - 2026)
ESS Tech (GWH-WT) recorded quarterly Goodwill & Intangibles of $2.6 million in Q1 2026, down 2.5% quarter-over-quarter from $2.7 million in Q4 2025, and down 43.02% on a YoY basis from $4.6 million in Q1 2025.
ESS Tech (GWH-WT) Goodwill & Intangibles (2023 - 2026) Analysis & Trends
ESS Tech's Goodwill & Intangibles history runs 4 years deep, the most recent figure standing at $2.6 million for Q1 2026.
- In Q1 2026, Goodwill & Intangibles fell 43.02% year-over-year to $2.6 million; the TTM figure through Mar 2026 stood at $2.6 million (down 43.02% YoY), while the FY2025 annual figure was $2.7 million, down 42.4% from the prior year.
- Goodwill & Intangibles was $2.6 million for Q1 2026 at ESS Tech, down from $2.7 million in the prior quarter.
- In the past five years, Goodwill & Intangibles ranged from a high of $5.0 million in Q3 2023 to a low of $2.6 million in Q1 2026.
- Historically, Goodwill & Intangibles has averaged $4.3 million across 4 years, with a median of $4.7 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Goodwill & Intangibles decreased 5.42% in 2024, then slumped 43.02% in 2026.
- A 4-year view of Goodwill & Intangibles shows it stood at $4.9 million in 2023, then fell by 5.42% to $4.7 million in 2024, then sank by 42.4% to $2.7 million in 2025, then retreated by 2.5% to $2.6 million in 2026.
- The last three Goodwill & Intangibles figures came in at $2.6 million (Q1 2026), $2.7 million (Q4 2025), and $4.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn |
| 10 | ESS Tech | - | - | -7.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.62 Mn |
| Dec 31, 2025 | 2.68 Mn |
| Sep 30, 2025 | 4.46 Mn |
| Jun 30, 2025 | 4.52 Mn |
| Mar 31, 2025 | 4.59 Mn |
| Dec 31, 2024 | 4.66 Mn |
| Sep 30, 2024 | 4.72 Mn |
| Jun 30, 2024 | 4.79 Mn |
| Mar 31, 2024 | 4.86 Mn |
| Dec 31, 2023 | 4.92 Mn |
| Sep 30, 2023 | 5.00 Mn |