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