ESS Tech (GWH) Assets Average (2020 - 2026)

ESS Tech's quarterly Assets Average came in at $49.9 million in Q1 2026, down 20.46% year-on-year from $62.7 million in Q1 2025, and up 14.23% quarter-over-quarter from $43.7 million in Q4 2025.

ESS Tech has reported Assets Average for 7 years, with the latest figure at $49.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Assets Average fell 20.46% year-over-year to $49.9 million; the trailing twelve-month figure through Mar 2026 stood at $49.9 million (down 20.46% YoY), and the FY2025 full-year result was $61.5 million, down 42.81% from the prior year.
  • Assets Average for Q1 2026 stood at $49.9 million, up from $43.7 million in the prior quarter.
  • The five-year high for Assets Average was $242.8 million in Q1 2022, with the low at $37.9 million in Q3 2025.
  • Average Assets Average over 5 years is $125.1 million, with a median of $133.4 million recorded in 2024.
  • Year-over-year, Assets Average soared 87.03% in 2022 and slumped 63.55% in 2025.
  • Tracing GWH's Assets Average over 5 years: stood at $182.7 million in 2022, then declined by 17.38% to $150.9 million in 2023, then sank by 44.18% to $84.3 million in 2024, then plunged by 48.18% to $43.7 million in 2025, then advanced by 14.23% to $49.9 million in 2026.
  • The last three Assets Average figures came in at $49.9 million (Q1 2026), $43.7 million (Q4 2025), and $37.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Assets Avg. (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 12.81 Bn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 4.53 Bn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 6.91 Bn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 8.32 Bn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 2.57 Bn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 1.14 Bn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 4.61 Bn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 4.03 Bn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 2.48 Bn
10 ESS Tech 28.05 Mn 28.05 Mn -7.04 Mn 49.87 Mn

Historic Data

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DateValue
Mar 31, 2026 49.87 Mn
Dec 31, 2025 43.66 Mn
Sep 30, 2025 37.88 Mn
Jun 30, 2025 46.60 Mn
Mar 31, 2025 62.70 Mn
Dec 31, 2024 84.26 Mn
Sep 30, 2024 103.92 Mn
Jun 30, 2024 117.38 Mn
Mar 31, 2024 133.43 Mn
Dec 31, 2023 150.95 Mn
Sep 30, 2023 143.21 Mn
Jun 30, 2023 137.60 Mn
Mar 31, 2023 160.50 Mn
Dec 31, 2022 182.71 Mn
Sep 30, 2022 203.99 Mn
Jun 30, 2022 225.80 Mn
Mar 31, 2022 242.84 Mn
Dec 31, 2021 250.21 Mn
Sep 30, 2021 250.26 Mn
Jun 30, 2021 250.48 Mn
Mar 31, 2021 129.84 Mn
Dec 31, 2020 130.60 Mn