ESS Tech (GWH) Assets (2020 - 2026)
ESS Tech (GWH) posted Assets of $32.5 million for Q2 2026, down 33.14% on a QoQ basis from $48.6 million in Q1 2026, and down 18.03% year-over-year from $39.6 million in Q2 2025.
Analysis
ESS Tech (GWH) Assets (2020 - 2026) Analysis & Trends
ESS Tech has reported Assets for 7 years, with the latest figure at $32.5 million in Q2 2026.
- On a quarterly basis, Assets fell 18.03% year-over-year to $32.5 million in Q2 2026; TTM through Jun 2026 was $32.5 million, a 18.03% decrease from a year earlier, with the FY2025 full-year figure at $51.2 million, down 28.74% from the prior year.
- Assets was $32.5 million for Q2 2026 at ESS Tech, down from $48.6 million in the prior quarter.
- The five-year high for Assets was $235.5 million in Q1 2022, with the low at $32.5 million in Q2 2026.
- Average Assets over 5 years is $114.4 million, with a median of $117.4 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Assets declined 6.06% in 2022, then slumped 64.35% in 2025.
- Over 5 years, Assets stood at $173.6 million in 2022, then dropped by 17.47% to $143.2 million in 2023, then tumbled by 49.86% to $71.8 million in 2024, then slipped by 28.74% to $51.2 million in 2025, then slumped by 36.54% to $32.5 million in 2026.
- The last three Assets figures came in at $32.5 million (Q2 2026), $48.6 million (Q1 2026), and $51.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 3.96 Bn |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - | 1.17 Bn |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 Mn | 906.78 Mn |
| 4 | Fluence Energy | 1.34 Bn | 769.30 Mn | 33.24 Mn | 2.62 Bn |
| 5 | Energy Vault Holdings | 752.49 Mn | 645.13 Mn | 5.38 Mn | 370.53 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn | 799.62 Mn |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn | 149.18 Mn |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn | 118.52 Mn |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 Mn | 952.19 Mn |
| 10 | ESS Tech | 12.59 Mn | 12.59 Mn | -7.42 Mn | 32.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.48 Mn |
| Mar 31, 2026 | 48.57 Mn |
| Dec 31, 2025 | 51.17 Mn |
| Sep 30, 2025 | 36.15 Mn |
| Jun 30, 2025 | 39.62 Mn |
| Mar 31, 2025 | 53.58 Mn |
| Dec 31, 2024 | 71.81 Mn |
| Sep 30, 2024 | 96.70 Mn |
| Jun 30, 2024 | 111.13 Mn |
| Mar 31, 2024 | 123.63 Mn |
| Dec 31, 2023 | 143.23 Mn |
| Sep 30, 2023 | 158.66 Mn |
| Jun 30, 2023 | 127.76 Mn |
| Mar 31, 2023 | 147.45 Mn |
| Dec 31, 2022 | 173.55 Mn |
| Sep 30, 2022 | 191.86 Mn |
| Jun 30, 2022 | 216.12 Mn |
| Mar 31, 2022 | 235.48 Mn |
| Dec 31, 2021 | 250.20 Mn |
| Sep 30, 2021 | 250.22 Mn |