ESS Tech (GWH-WT) Shares Outstanding (2020 - 2026)

ESS Tech (GWH-WT) recorded quarterly Shares Outstanding of $27.9 million in Q1 2026, up 24.78% quarter-over-quarter from $22.4 million in Q4 2025, and up 130.7% on a YoY basis from $12.1 million in Q1 2025.

ESS Tech (GWH-WT) Shares Outstanding (2020 - 2026) Analysis & Trends

ESS Tech's Shares Outstanding history runs 7 years deep, the most recent figure standing at $27.9 million for Q1 2026.

  • In Q1 2026, Shares Outstanding rose 130.7% year-over-year to $27.9 million; the TTM figure through Mar 2026 stood at $27.9 million (up 130.7% YoY), while the FY2025 annual figure was $22.4 million, up 86.68% from the prior year.
  • Shares Outstanding was $27.9 million for Q1 2026 at ESS Tech, up from $22.4 million in the prior quarter.
  • In the past five years, Shares Outstanding ranged from a high of $152.9 million in Q3 2022 to a low of $10.3 million in Q4 2022.
  • Historically, Shares Outstanding has averaged $38.3 million across 5 years, with a median of $12.0 million in 2024.
  • The sharpest annual moves came in 2023 and 2026: Shares Outstanding slumped 93.26% in 2023, then soared 130.7% in 2026.
  • A 5-year view of Shares Outstanding shows it stood at $10.3 million in 2022, then increased by 13.26% to $11.6 million in 2023, then rose by 3.21% to $12.0 million in 2024, then soared by 86.68% to $22.4 million in 2025, then rose by 24.78% to $27.9 million in 2026.
  • The last three Shares Outstanding figures came in at $27.9 million (Q1 2026), $22.4 million (Q4 2025), and $15.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Outstanding (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - -
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn 383.95 Mn
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn 284.21 Mn
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn 161.72 Mn
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn -
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn 38.00 Mn
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn 300.78 Mn
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 36.43 Mn
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn 30.50 Mn
10 ESS Tech - - -7.04 Mn 27.92 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 27.92 Mn
Mar 31, 2026 27.92 Mn
Mar 31, 2026 27.92 Mn
Mar 31, 2026 27.92 Mn
Mar 31, 2026 27.92 Mn
Mar 31, 2026 27.92 Mn
Mar 31, 2026 27.92 Mn
Mar 31, 2026 27.92 Mn
Dec 31, 2025 22.38 Mn
Dec 31, 2025 22.38 Mn
Dec 31, 2025 22.38 Mn
Dec 31, 2025 22.38 Mn
Dec 31, 2025 22.38 Mn
Dec 31, 2025 22.38 Mn
Dec 31, 2025 22.38 Mn
Dec 31, 2025 22.38 Mn
Sep 30, 2025 15.39 Mn
Sep 30, 2025 15.39 Mn
Sep 30, 2025 15.39 Mn
Sep 30, 2025 15.39 Mn