ESS Tech (GWH) Change in Inventory (2023 - 2026)

ESS Tech's (GWH) quarterly Change in Inventory came in at -$17000.0 in Q1 2026, down 101.37% year-on-year from $1.2 million in Q1 2025, and up 99.62% quarter-over-quarter from -$4.5 million in Q4 2025.

ESS Tech (GWH) Change in Inventory (2023 - 2026) Analysis & Trends

ESS Tech's Change in Inventory history runs 4 years deep, the most recent figure standing at -$17000.0 for Q1 2026.

  • On a quarterly basis, Change in Inventory fell 101.37% year-over-year to -$17000.0 in Q1 2026; TTM through Mar 2026 was -$6.1 million, a 206.63% decrease from a year earlier, with the FY2025 full-year figure at -$4.8 million, down 245.31% from the prior year.
  • Change in Inventory climbed to -$17000.0 in Q1 2026 per GWH's latest filing, from -$4.5 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $13.1 million in Q3 2023 and bottomed at -$4.5 million in Q4 2025.
  • The 4-year median for Change in Inventory is $705000.0 (2025), against an average of $1.2 million.
  • Biggest YoY gain for Change in Inventory was 208.56% in 2025; the steepest drop was 223.28% in 2025.
  • Year by year, Change in Inventory stood at $1.5 million in 2023, then plunged by 191.3% to -$1.4 million in 2024, then sank by 223.28% to -$4.5 million in 2025, then soared by 99.62% to -$17000.0 in 2026.
  • Per Business Quant, the three latest GWH Change in Inventory figures stand at -$17000.0 (Q1 2026), -$4.5 million (Q4 2025), and $705000.0 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Electrovaya 407.65 Bn 407.62 Bn 6.04 Mn -
2 Vertiv Holdings 108.70 Bn 106.20 Bn 999.70 Mn 384.20 Mn
3 Bloom Energy 52.50 Bn 50.00 Bn 225.54 Mn 88.58 Mn
4 Hubbell 25.93 Bn 25.41 Bn 505.30 Mn 61.20 Mn
5 nVent Electric 23.79 Bn 23.60 Bn 445.60 Mn 42.60 Mn
6 Advanced Energy Industries 10.82 Bn 10.13 Bn 200.90 Mn 48.40 Mn
7 Acuity Inc. (De) 10.07 Bn 9.66 Bn 606.40 Mn -55.60 Mn
8 Powell Industries 7.98 Bn 7.43 Bn 87.94 Mn 1.69 Mn
9 EnerSys 7.07 Bn 6.63 Bn 290.87 Mn -64.00 Mn
10 ESS Tech 22.28 Mn 809,413.01 -7.04 Mn -17,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 -17,000.00
Mar 31, 2026 -17,000.00
Dec 31, 2025 -4.51 Mn
Dec 31, 2025 -4.51 Mn
Sep 30, 2025 705,000.00
Sep 30, 2025 705,000.00
Jun 30, 2025 -2.27 Mn
Jun 30, 2025 -2.27 Mn
Mar 31, 2025 1.24 Mn
Mar 31, 2025 1.24 Mn
Dec 31, 2024 -1.40 Mn
Dec 31, 2024 -1.40 Mn
Sep 30, 2024 1.85 Mn
Sep 30, 2024 1.85 Mn
Jun 30, 2024 4.02 Mn
Jun 30, 2024 4.02 Mn
Mar 31, 2024 -1.15 Mn
Mar 31, 2024 -1.15 Mn
Dec 31, 2023 1.53 Mn
Dec 31, 2023 1.53 Mn