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| Date | Value |
|---|---|
| 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 |