ESS Tech (GWH-WT) Prepaid Assets (2020 - 2026)

ESS Tech (GWH-WT) recorded quarterly Prepaid Assets of $2.4 million in Q1 2026, down 27.69% quarter-over-quarter from $3.3 million in Q4 2025, and down 17.38% on a YoY basis from $2.8 million in Q1 2025.

ESS Tech (GWH-WT) Prepaid Assets (2020 - 2026) Analysis & Trends

ESS Tech's Prepaid Assets history runs 7 years deep, the most recent figure standing at $2.4 million for Q1 2026.

  • In Q1 2026, Prepaid Assets fell 17.38% year-over-year to $2.4 million; the TTM figure through Mar 2026 stood at $2.4 million (down 17.38% YoY), while the FY2025 annual figure was $3.3 million, down 34.89% from the prior year.
  • Prepaid Assets was $2.4 million for Q1 2026 at ESS Tech, down from $3.3 million in the prior quarter.
  • In the past five years, Prepaid Assets ranged from a high of $5.7 million in Q4 2022 to a low of $2.0 million in Q3 2023.
  • Historically, Prepaid Assets has averaged $3.7 million across 5 years, with a median of $3.5 million in 2022.
  • The sharpest annual moves came in 2022 and 2025: Prepaid Assets jumped 1933.89% in 2022, then tumbled 51.79% in 2025.
  • A 5-year view of Prepaid Assets shows it stood at $5.7 million in 2022, then sank by 41.58% to $3.3 million in 2023, then soared by 51.23% to $5.0 million in 2024, then sank by 34.89% to $3.3 million in 2025, then decreased by 27.69% to $2.4 million in 2026.
  • The last three Prepaid Assets figures came in at $2.4 million (Q1 2026), $3.3 million (Q4 2025), and $2.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Novonix 472.68 Bn 472.63 Bn -
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn
7 Powell Industries 10.72 Bn 10.17 Bn 87.94 Mn
8 Ballard Power Systems 10.33 Bn 9.80 Bn 5.64 Mn
9 Acuity Inc. (De) 9.04 Bn 8.77 Bn 520.40 Mn
10 ESS Tech - - -7.04 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.35 Mn
Dec 31, 2025 3.25 Mn
Sep 30, 2025 2.45 Mn
Jun 30, 2025 4.64 Mn
Mar 31, 2025 2.85 Mn
Dec 31, 2024 5.00 Mn
Sep 30, 2024 5.08 Mn
Jun 30, 2024 3.91 Mn
Mar 31, 2024 3.59 Mn
Dec 31, 2023 3.31 Mn
Sep 30, 2023 2.04 Mn
Jun 30, 2023 3.15 Mn
Mar 31, 2023 3.95 Mn
Dec 31, 2022 5.66 Mn
Sep 30, 2022 3.26 Mn
Jun 30, 2022 3.50 Mn
Mar 31, 2022 4.41 Mn
Dec 31, 2021 4.84 Mn
Sep 30, 2021 160,186.00
Jun 30, 2021 224,477.00