ESS Tech (GWH) Current Assets (2020 - 2026)
ESS Tech (GWH) posted Current Assets of $13.6 million for Q2 2026, down 45.14% on a QoQ basis from $24.8 million in Q1 2026, and up 21.7% year-over-year from $11.2 million in Q2 2025.
Analysis
ESS Tech (GWH) Current Assets (2020 - 2026) Analysis & Trends
ESS Tech has reported Current Assets for 7 years, with the latest figure at $13.6 million in Q2 2026.
- On a quarterly basis, Current Assets rose 21.7% year-over-year to $13.6 million in Q2 2026; TTM through Jun 2026 was $13.6 million, a 21.7% increase from a year earlier, with the FY2025 full-year figure at $26.2 million, down 39.47% from the prior year.
- Current Assets was $13.6 million for Q2 2026 at ESS Tech, down from $24.8 million in the prior quarter.
- The five-year high for Current Assets was $220.8 million in Q1 2022, with the low at $11.2 million in Q2 2025.
- Average Current Assets over 5 years is $90.5 million, with a median of $91.5 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Current Assets soared 106022.84% in 2022, then plunged 86.81% in 2025.
- Over 5 years, Current Assets stood at $151.6 million in 2022, then dropped by 22.12% to $118.1 million in 2023, then plunged by 63.28% to $43.4 million in 2024, then tumbled by 39.47% to $26.2 million in 2025, then tumbled by 48.22% to $13.6 million in 2026.
- The last three Current Assets figures came in at $13.6 million (Q2 2026), $24.8 million (Q1 2026), and $26.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 2.13 Bn |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - | 869.09 Mn |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 Mn | 514.00 Mn |
| 4 | Fluence Energy | 1.34 Bn | 769.30 Mn | 33.24 Mn | 2.32 Bn |
| 5 | Energy Vault Holdings | 752.49 Mn | 645.13 Mn | 5.38 Mn | 181.55 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn | 505.74 Mn |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn | 131.58 Mn |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn | 75.96 Mn |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 Mn | 374.92 Mn |
| 10 | ESS Tech | 12.59 Mn | 12.59 Mn | -7.42 Mn | 13.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.59 Mn |
| 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 |