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| Date | Value |
|---|---|
| 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 |