ESS Tech (GWH) Consolidated Net Income (2020 - 2026)
ESS Tech's quarterly Consolidated Net Income came in at -$16.3 million in Q1 2026, up 9.22% year-on-year from -$14.9 million in Q1 2025, and up 29.66% quarter-over-quarter from -$23.1 million in Q4 2025.
ESS Tech has reported Consolidated Net Income for 7 years, with the latest figure at -$16.3 million in Q1 2026.
- For the quarter ending Q1 2026, Consolidated Net Income rose 9.22% year-over-year to -$16.3 million; the trailing twelve-month figure through Mar 2026 stood at -$61.2 million (up 28.74% YoY), and the FY2025 full-year result was -$62.9 million, up 27.09% from the prior year.
- Consolidated Net Income for Q1 2026 stood at -$16.3 million, up from -$23.1 million in the prior quarter.
- The five-year high for Consolidated Net Income was -$10.3 million in Q3 2025, with the low at -$31.4 million in Q4 2022.
- Average Consolidated Net Income over 5 years is -$20.8 million, with a median of -$22.2 million recorded in 2022.
- Year-over-year, Consolidated Net Income plunged 166.36% in 2022 and jumped 55.12% in 2025.
- Tracing GWH's Consolidated Net Income over 5 years: stood at -$31.4 million in 2022, then jumped by 39.28% to -$19.1 million in 2023, then fell by 20.74% to -$23.0 million in 2024, then retreated by 0.51% to -$23.1 million in 2025, then gained by 29.66% to -$16.3 million in 2026.
- The last three Consolidated Net Income figures came in at -$16.3 million (Q1 2026), -$23.1 million (Q4 2025), and -$10.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 390.10 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 73.70 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 2.00 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 183.00 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | -500,000.00 |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 45.89 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 96.80 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 77.30 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -246.04 Mn |
| 10 | ESS Tech | 28.05 Mn | 28.05 Mn | -7.04 Mn | -16.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -16.28 Mn |
| Dec 31, 2025 | -23.14 Mn |
| Sep 30, 2025 | -10.27 Mn |
| Jun 30, 2025 | -11.53 Mn |
| Mar 31, 2025 | -17.93 Mn |
| Dec 31, 2024 | -23.02 Mn |
| Sep 30, 2024 | -22.88 Mn |
| Jun 30, 2024 | -22.07 Mn |
| Mar 31, 2024 | -18.26 Mn |
| Dec 31, 2023 | -19.07 Mn |
| Sep 30, 2023 | -16.98 Mn |
| Jun 30, 2023 | -22.88 Mn |
| Mar 31, 2023 | -24.50 Mn |
| Dec 31, 2022 | -31.40 Mn |
| Sep 30, 2022 | -27.73 Mn |
| Jun 30, 2022 | -24.18 Mn |
| Mar 31, 2022 | -22.22 Mn |
| Dec 31, 2021 | -31.13 Mn |
| Sep 30, 2021 | -11.04 Mn |
| Jun 30, 2021 | -10.15 Mn |
| Mar 31, 2021 | -8.34 Mn |
| Dec 31, 2020 | -708,829.00 |
| Sep 30, 2020 | -41,854.00 |