ESS Tech (GWH) Assets (2020 - 2026)
ESS Tech's Assets came in at $32.48 million for Q2 2026, down 18.0% from $39.62 million a year earlier and down 33.1% from the prior quarter.
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Analysis
ESS Tech (GWH) Assets (2020 - 2026) Analysis & Trends
At the end of FY2025, ESS Tech's Assets was $51.17 million, down 28.7% from FY2024.
- Assets has declined in each of the last four years, though with a five-year compound annual growth rate of 41.5% (FY2020 to FY2025).
- Going back by year, Assets was $71.81 million in FY2024 (-49.9%), $143.23 million in FY2023 (-17.5%), $173.55 million in FY2022 (-30.6%) and $250.2 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly Assets since Q4 2020.
- Year-over-year, Assets has declined for 18 consecutive quarters, with an average decline of 41.1% over the last eight quarters.
- Across the past five years, year-over-year decline in Assets ran from 0.8% in Q3 2021 to 64.4% in Q2 2025.
- Business Quant data shows GWH's Assets at $48.57 million (Q1 2026), $51.17 million (Q4 2025) and $36.15 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 80.80 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 5.63 Bn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 13.39 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 4.42 Bn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 5.77 Bn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 4.26 Bn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 3.96 Bn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 2.92 Bn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 3.52 Bn |
| 10 | ESS Tech | 5.59 Mn | 5.59 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 |
API Access
ESS Tech Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=assets&ticker=GWH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "assets", "ticker": "GWH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=assets&ticker=GWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();