ESS Tech GWH
NYSE GWH
$0.37 -0.01 (-1.65%)
As of: Sep 10, 2026 · 3:59 PM EDT

ESS Tech (GWH) Asset Utilization Ratio (2022 - 2026)

ESS Tech (GWH) posted Asset Utilization Ratio of 0.03 for Q2 2026, down 229.82% on a QoQ basis from 0.02 in Q1 2026, and down 121.88% year-over-year from 0.13 in Q2 2025.

Analysis

ESS Tech (GWH) Asset Utilization Ratio (2022 - 2026) Analysis & Trends

ESS Tech has reported Asset Utilization Ratio for 5 years, with the latest figure at 0.03 in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 121.88% year-over-year to 0.03 in Q2 2026; TTM through Jun 2026 was 0.03, a 121.88% decrease from a year earlier, with the FY2025 full-year figure at 0.03, down 56.03% from the prior year.
  • Asset Utilization Ratio was 0.03 for Q2 2026 at ESS Tech, down from 0.02 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.16 in Q3 2025, with the low at 0.03 in Q2 2026.
  • Average Asset Utilization Ratio over 5 years is 0.05, with a median of 0.04 recorded in 2025.
  • The sharpest annual moves came in 2023 and 2026: Asset Utilization Ratio surged 920.87% in 2023, then plunged 121.88% in 2026.
  • Over 5 years, Asset Utilization Ratio stood at 0.0 in 2022, then surged by 920.87% to 0.05 in 2023, then jumped by 49.57% to 0.07 in 2024, then sank by 51.47% to 0.04 in 2025, then plunged by 179.83% to 0.03 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.03 (Q2 2026), 0.02 (Q1 2026), and 0.04 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 EnerSys 6.54 Bn 6.01 Bn 313.36 Mn 0.95
2 QuantumScape 3.20 Bn 3.20 Bn - -
3 Eos Energy Enterprises 1.35 Bn 1.00 Bn -48.80 Mn 0.25
4 Fluence Energy 1.34 Bn 769.30 Mn 33.24 Mn 1.06
5 Energy Vault Holdings 752.49 Mn 645.13 Mn 5.38 Mn 0.68
6 Enovix 689.37 Mn 689.37 Mn 1.30 Mn 0.04
7 Amprius Technologies 436.15 Mn 361.63 Mn 9.28 Mn 0.78
8 Electrovaya 257.13 Mn 244.05 Mn 6.19 Mn 0.64
9 Microvast Holdings 215.82 Mn 72.70 Mn 25.78 Mn 0.38
10 ESS Tech 12.59 Mn 12.59 Mn -7.42 Mn -0.03
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.03
Mar 31, 2026 0.02
Dec 31, 2025 0.04
Sep 30, 2025 0.16
Jun 30, 2025 0.13
Mar 31, 2025 0.07
Dec 31, 2024 0.07
Sep 30, 2024 0.06
Jun 30, 2024 0.06
Mar 31, 2024 0.07
Dec 31, 2023 0.05
Sep 30, 2023 0.03
Jun 30, 2023 0.02
Mar 31, 2023 0.01
Dec 31, 2022 0.00
Sep 30, 2022 0.00
Jun 30, 2022 0.00