ESS Tech (GWH-WT) Inventory (2023 - 2026)
ESS Tech (GWH-WT) recorded quarterly Inventory of $123000.0 in Q1 2026, down 12.14% quarter-over-quarter from $140000.0 in Q4 2025, and down 98.21% on a YoY basis from $6.9 million in Q1 2025.
ESS Tech (GWH-WT) Inventory (2023 - 2026) Analysis & Trends
ESS Tech's Inventory history runs 4 years deep, the most recent figure standing at $123000.0 for Q1 2026.
- In Q1 2026, Inventory fell 98.21% year-over-year to $123000.0; the TTM figure through Mar 2026 stood at $123000.0 (down 98.21% YoY), while the FY2025 annual figure was $140000.0, down 97.52% from the prior year.
- Inventory was $123000.0 for Q1 2026 at ESS Tech, down from $140000.0 in the prior quarter.
- In the past five years, Inventory ranged from a high of $7.0 million in Q3 2024 to a low of $123000.0 in Q1 2026.
- Historically, Inventory has averaged $3.9 million across 4 years, with a median of $4.4 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Inventory jumped 211.92% in 2024, then sank 98.21% in 2026.
- A 4-year view of Inventory shows it stood at $3.4 million in 2023, then jumped by 67.59% to $5.6 million in 2024, then sank by 97.52% to $140000.0 in 2025, then fell by 12.14% to $123000.0 in 2026.
- The last three Inventory figures came in at $123000.0 (Q1 2026), $140000.0 (Q4 2025), and $4.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 472.68 Bn | 472.63 Bn | - | 2.18 Mn |
| 2 | Vertiv Holdings | 115.80 Bn | 113.29 Bn | 999.70 Mn | 1.83 Bn |
| 3 | Bloom Energy | 73.20 Bn | 70.74 Bn | 225.54 Mn | 732.53 Mn |
| 4 | nVent Electric | 26.87 Bn | 26.68 Bn | 445.60 Mn | 512.00 Mn |
| 5 | Hubbell | 25.27 Bn | 24.77 Bn | 505.30 Mn | 1.14 Bn |
| 6 | Advanced Energy Industries | 13.35 Bn | 13.35 Bn | 200.90 Mn | 458.70 Mn |
| 7 | Powell Industries | 10.72 Bn | 10.17 Bn | 87.94 Mn | 86.30 Mn |
| 8 | Ballard Power Systems | 10.33 Bn | 9.80 Bn | 5.64 Mn | 43.77 Mn |
| 9 | Acuity Inc. (De) | 9.04 Bn | 8.77 Bn | 520.40 Mn | 515.20 Mn |
| 10 | ESS Tech | - | - | -7.04 Mn | 123,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 123,000.00 |
| Dec 31, 2025 | 140,000.00 |
| Sep 30, 2025 | 4.65 Mn |
| Jun 30, 2025 | 4.67 Mn |
| Mar 31, 2025 | 6.88 Mn |
| Dec 31, 2024 | 5.64 Mn |
| Sep 30, 2024 | 7.04 Mn |
| Jun 30, 2024 | 4.43 Mn |
| Mar 31, 2024 | 3.16 Mn |
| Dec 31, 2023 | 3.37 Mn |
| Sep 30, 2023 | 2.26 Mn |