ESS Tech (GWH-WT) Non-Current Assets (2020 - 2026)
ESS Tech (GWH-WT) recorded quarterly Non-Current Assets of $23.8 million in Q1 2026, down 4.52% quarter-over-quarter from $24.9 million in Q4 2025, and down 20.38% on a YoY basis from $29.9 million in Q1 2025.
ESS Tech (GWH-WT) Non-Current Assets (2020 - 2026) Analysis & Trends
ESS Tech's Non-Current Assets history runs 7 years deep, the most recent figure standing at $23.8 million for Q1 2026.
- In Q1 2026, Non-Current Assets fell 20.38% year-over-year to $23.8 million; the TTM figure through Mar 2026 stood at $101.8 million (down 9.91% YoY), while the FY2025 annual figure was $24.9 million, down 12.39% from the prior year.
- Non-Current Assets was $23.8 million for Q1 2026 at ESS Tech, down from $24.9 million in the prior quarter.
- In the past five years, Non-Current Assets ranged from a high of $29.9 million in Q1 2025 to a low of $14.7 million in Q1 2022.
- Historically, Non-Current Assets has averaged $24.2 million across 5 years, with a median of $24.9 million in 2025.
- Biggest YoY gain for Non-Current Assets was 368.21% in 2022; the steepest drop was 94.14% in 2022.
- A 5-year view of Non-Current Assets shows it stood at $21.9 million in 2022, then grew by 14.68% to $25.1 million in 2023, then advanced by 13.19% to $28.4 million in 2024, then fell by 12.39% to $24.9 million in 2025, then decreased by 4.52% to $23.8 million in 2026.
- The last three Non-Current Assets figures came in at $23.8 million (Q1 2026), $24.9 million (Q4 2025), and $24.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 472.68 Bn | 472.63 Bn | - | 193.76 Mn |
| 2 | Vertiv Holdings | 115.80 Bn | 113.29 Bn | 999.70 Mn | 5.42 Bn |
| 3 | Bloom Energy | 73.20 Bn | 70.74 Bn | 225.54 Mn | 710.19 Mn |
| 4 | nVent Electric | 26.87 Bn | 26.68 Bn | 445.60 Mn | 4.73 Bn |
| 5 | Hubbell | 25.27 Bn | 24.77 Bn | 505.30 Mn | 5.62 Bn |
| 6 | Advanced Energy Industries | 13.35 Bn | 13.35 Bn | 200.90 Mn | 1.00 Bn |
| 7 | Powell Industries | 10.72 Bn | 10.17 Bn | 87.94 Mn | 171.65 Mn |
| 8 | Ballard Power Systems | 10.33 Bn | 9.80 Bn | 5.64 Mn | 89,000.00 |
| 9 | Acuity Inc. (De) | 9.04 Bn | 8.77 Bn | 520.40 Mn | 3.05 Bn |
| 10 | ESS Tech | - | - | -7.04 Mn | 23.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.80 Mn |
| Dec 31, 2025 | 24.93 Mn |
| Sep 30, 2025 | 24.59 Mn |
| Jun 30, 2025 | 28.45 Mn |
| Mar 31, 2025 | 29.89 Mn |
| Dec 31, 2024 | 28.45 Mn |
| Sep 30, 2024 | 28.14 Mn |
| Jun 30, 2024 | 26.47 Mn |
| Mar 31, 2024 | 25.39 Mn |
| Dec 31, 2023 | 25.13 Mn |
| Sep 30, 2023 | 27.23 Mn |
| Jun 30, 2023 | 22.34 Mn |
| Mar 31, 2023 | 22.39 Mn |
| Dec 31, 2022 | 21.92 Mn |
| Sep 30, 2022 | 20.62 Mn |
| Jun 30, 2022 | 16.75 Mn |
| Mar 31, 2022 | 14.65 Mn |
| Dec 31, 2021 | 4.68 Mn |
| Sep 30, 2021 | 250.06 Mn |
| Jun 30, 2021 | 250.05 Mn |