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
DateValue
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