ESS Tech (GWH) Assets Average (2020 - 2026)
ESS Tech (GWH) posted Assets Average of $40.5 million for Q2 2026, down 18.74% on a QoQ basis from $49.9 million in Q1 2026, and down 13.04% year-over-year from $46.6 million in Q2 2025.
Analysis
ESS Tech (GWH) Assets Average (2020 - 2026) Analysis & Trends
ESS Tech has reported Assets Average for 7 years, with the latest figure at $40.5 million in Q2 2026.
- On a quarterly basis, Assets Average fell 13.04% year-over-year to $40.5 million in Q2 2026; TTM through Jun 2026 was $40.5 million, a 13.04% decrease from a year earlier, with the FY2025 full-year figure at $61.5 million, down 42.81% from the prior year.
- Assets Average was $40.5 million for Q2 2026 at ESS Tech, down from $49.9 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 $120.4 million, with a median of $125.4 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Assets Average surged 87.03% in 2022, then sank 63.55% in 2025.
- Over 5 years, Assets Average 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 decreased by 7.18% to $40.5 million in 2026.
- The last three Assets Average figures came in at $40.5 million (Q2 2026), $49.9 million (Q1 2026), and $43.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 3.98 Bn |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - | 1.20 Bn |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 Mn | 853.05 Mn |
| 4 | Fluence Energy | 1.34 Bn | 769.30 Mn | 33.24 Mn | 2.48 Bn |
| 5 | Energy Vault Holdings | 752.49 Mn | 645.13 Mn | 5.38 Mn | 334.28 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn | 816.76 Mn |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn | 139.98 Mn |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn | 112.28 Mn |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 Mn | 969.84 Mn |
| 10 | ESS Tech | 12.59 Mn | 12.59 Mn | -7.42 Mn | 40.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.52 Mn |
| 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 |