ESS Tech (GWH) Current Assets (2020 - 2026)
ESS Tech's (GWH) quarterly Current Assets came in at $24.8 million in Q1 2026, up 4.57% year-on-year from $23.7 million in Q1 2025, and down 5.61% quarter-over-quarter from $26.2 million in Q4 2025.
ESS Tech (GWH) Current Assets (2020 - 2026) Analysis & Trends
ESS Tech's Current Assets history runs 7 years deep, the most recent figure standing at $24.8 million for Q1 2026.
- On a quarterly basis, Current Assets rose 4.57% year-over-year to $24.8 million in Q1 2026; TTM through Mar 2026 was $24.8 million, a 4.57% increase from a year earlier, with the FY2025 full-year figure at $26.2 million, down 39.47% from the prior year.
- Current Assets slipped to $24.8 million in Q1 2026 per GWH's latest filing, from $26.2 million in the prior quarter.
- Across five years, Current Assets topped out at $220.8 million in Q1 2022 and bottomed at $11.2 million in Q2 2025.
- The 5-year median for Current Assets is $98.2 million (2024), against an average of $95.0 million.
- Across the five-year window, Current Assets jumped 106022.84% in 2022 and sank 86.81% in 2025, its largest moves.
- Year by year, Current Assets stood at $151.6 million in 2022, then slipped by 22.12% to $118.1 million in 2023, then tumbled by 63.28% to $43.4 million in 2024, then slumped by 39.47% to $26.2 million in 2025, then retreated by 5.61% to $24.8 million in 2026.
- Per Business Quant, the three latest GWH Current Assets figures stand at $24.8 million (Q1 2026), $26.2 million (Q4 2025), and $11.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 66.52 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 7.98 Bn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 3.95 Bn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 2.80 Bn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 1.79 Bn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 1.59 Bn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 1.62 Bn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 1.01 Bn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 2.14 Bn |
| 10 | ESS Tech | 22.34 Mn | 22.34 Mn | -7.04 Mn | 24.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.77 Mn |
| Dec 31, 2025 | 26.25 Mn |
| Sep 30, 2025 | 11.56 Mn |
| Jun 30, 2025 | 11.17 Mn |
| Mar 31, 2025 | 23.69 Mn |
| Dec 31, 2024 | 43.36 Mn |
| Sep 30, 2024 | 68.55 Mn |
| Jun 30, 2024 | 84.66 Mn |
| Mar 31, 2024 | 98.25 Mn |
| Dec 31, 2023 | 118.10 Mn |
| Sep 30, 2023 | 131.43 Mn |
| Jun 30, 2023 | 105.42 Mn |
| Mar 31, 2023 | 125.06 Mn |
| Dec 31, 2022 | 151.64 Mn |
| Sep 30, 2022 | 171.24 Mn |
| Jun 30, 2022 | 199.37 Mn |
| Mar 31, 2022 | 220.83 Mn |
| Dec 31, 2021 | 245.52 Mn |
| Sep 30, 2021 | 161,363.00 |
| Jun 30, 2021 | 252,068.00 |