ESS Tech (GWH-WT) Operating Income (2020 - 2026)

ESS Tech's Operating Income history runs 7 years deep, the most recent figure standing at -$13.8 million for Q1 2026.

• In Q1 2026, Operating Income rose 24.06% year-over-year to -$13.8 million; the TTM figure through Mar 2026 stood at -$53.0 million (up 40.03% YoY), while the FY2025 annual figure was -$57.4 million, up 36.07% from the prior year.
• Operating Income was -$13.8 million for Q1 2026 at ESS Tech, up from -$17.9 million in the prior quarter.
• In the past five years, Operating Income ranged from a high of -$9.8 million in Q3 2025 to a low of -$31.4 million in Q4 2022.
• Historically, Operating Income has averaged -$20.7 million across 5 years, with a median of -$22.2 million in 2022.
• The sharpest annual moves came in 2022 and 2025: Operating Income sank 167.84% in 2022, then jumped 58.57% in 2025.
• A 5-year view of Operating Income shows it stood at -$31.4 million in 2022, then soared by 39.28% to -$19.1 million in 2023, then dropped by 23.25% to -$23.5 million in 2024, then grew by 23.85% to -$17.9 million in 2025, then gained by 22.99% to -$13.8 million in 2026.
• The last three Operating Income figures came in at -$13.8 million (Q1 2026), -$17.9 million (Q4 2025), and -$9.8 million (Q3 2025), per Business Quant data.