ESS Tech (GWH-WT) Gross Profit (2021 - 2026)

ESS Tech's Gross Profit history runs 6 years deep, the most recent figure standing at -$7.0 million for Q1 2026.

• In Q1 2026, Gross Profit rose 13.61% year-over-year to -$7.0 million; the TTM figure through Mar 2026 stood at -$26.6 million (up 41.12% YoY), while the FY2025 annual figure was -$27.7 million, up 38.99% from the prior year.
• Gross Profit was -$7.0 million for Q1 2026 at ESS Tech, up from -$9.7 million in the prior quarter.
• In the past five years, Gross Profit ranged from a high of $2.8 million in Q2 2023 to a low of -$13.2 million in Q4 2024.
• Historically, Gross Profit has averaged -$5.6 million across 5 years, with a median of -$7.0 million in 2026.
• Biggest YoY gain for Gross Profit was 332.87% in 2023; the steepest drop was 47075.0% in 2023.
• A 5-year view of Gross Profit shows it stood at $16000.0 in 2022, then sank by 47075.0% to -$7.5 million in 2023, then plunged by 75.47% to -$13.2 million in 2024, then gained by 26.46% to -$9.7 million in 2025, then rose by 27.44% to -$7.0 million in 2026.
• The last three Gross Profit figures came in at -$7.0 million (Q1 2026), -$9.7 million (Q4 2025), and -$4.7 million (Q3 2025), per Business Quant data.