ESS Tech (GWH-WT) Revenue (2022 - 2026)

ESS Tech (GWH-WT) recorded quarterly Revenue of $128000.0 in Q1 2026, up 108.06% quarter-over-quarter from -$1.6 million in Q4 2025, and down 78.63% on a YoY basis from $599000.0 in Q1 2025.

ESS Tech (GWH-WT) Revenue (2022 - 2026) Analysis & Trends

ESS Tech's Revenue history runs 5 years deep, the most recent figure standing at $128000.0 for Q1 2026.

  • In Q1 2026, Revenue fell 78.63% year-over-year to $128000.0; the TTM figure through Mar 2026 stood at $1.1 million (down 73.24% YoY), while the FY2025 annual figure was $1.6 million, down 74.85% from the prior year.
  • Revenue was $128000.0 for Q1 2026 at ESS Tech, up from -$1.6 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $2.8 million in Q4 2024 to a low of -$1.6 million in Q4 2025.
  • Historically, Revenue has averaged $1.0 million across 5 years, with a median of $485500.0 in 2023.
  • The sharpest annual moves came in 2023 and 2025: Revenue jumped 17375.0% in 2023, then sank 155.72% in 2025.
  • A 5-year view of Revenue shows it stood at $16000.0 in 2022, then surged by 17375.0% to $2.8 million in 2023, then rose by 1.93% to $2.8 million in 2024, then tumbled by 155.72% to -$1.6 million in 2025, then soared by 108.06% to $128000.0 in 2026.
  • The last three Revenue figures came in at $128000.0 (Q1 2026), -$1.6 million (Q4 2025), and $214000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - -
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn 2.65 Bn
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn 751.05 Mn
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn 1.24 Bn
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn 1.52 Bn
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn 511.00 Mn
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn 33.64 Mn
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 296.62 Mn
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn 1.06 Bn
10 ESS Tech - - -7.04 Mn 128,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 128,000.00
Dec 31, 2025 -1.59 Mn
Sep 30, 2025 214,000.00
Jun 30, 2025 2.36 Mn
Mar 31, 2025 599,000.00
Dec 31, 2024 2.85 Mn
Sep 30, 2024 359,000.00
Jun 30, 2024 348,000.00
Mar 31, 2024 2.74 Mn
Dec 31, 2023 2.80 Mn
Sep 30, 2023 1.55 Mn
Jun 30, 2023 2.83 Mn
Mar 31, 2023 372,000.00
Dec 31, 2022 16,000.00
Sep 30, 2022 192,000.00
Jun 30, 2022 686,000.00