ESS Tech (GWH) Current Deferred Revenue (2020 - 2026)
ESS Tech's (GWH) quarterly Current Deferred Revenue came in at $346000.0 in Q1 2026, down 74.54% year-on-year from $1.4 million in Q1 2025, and down 3.62% quarter-over-quarter from $359000.0 in Q4 2025.
ESS Tech (GWH) Current Deferred Revenue (2020 - 2026) Analysis & Trends
ESS Tech's Current Deferred Revenue history runs 7 years deep, the most recent figure standing at $346000.0 for Q1 2026.
- On a quarterly basis, Current Deferred Revenue fell 74.54% year-over-year to $346000.0 in Q1 2026; TTM through Mar 2026 was $346000.0, a 74.54% decrease from a year earlier, with the FY2025 full-year figure at $359000.0, down 93.14% from the prior year.
- Current Deferred Revenue fell to $346000.0 in Q1 2026 per GWH's latest filing, from $359000.0 in the prior quarter.
- Across five years, Current Deferred Revenue topped out at $20.8 million in Q4 2023 and bottomed at $346000.0 in Q1 2026.
- The 5-year median for Current Deferred Revenue is $5.9 million (2023), against an average of $7.0 million.
- Across the five-year window, Current Deferred Revenue surged 1359.57% in 2024 and slumped 93.19% in 2025, its largest moves.
- Year by year, Current Deferred Revenue stood at $6.2 million in 2022, then soared by 236.92% to $20.8 million in 2023, then plunged by 74.8% to $5.2 million in 2024, then sank by 93.14% to $359000.0 in 2025, then decreased by 3.62% to $346000.0 in 2026.
- Per Business Quant, the three latest GWH Current Deferred Revenue figures stand at $346000.0 (Q1 2026), $359000.0 (Q4 2025), and $6.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn |
| 10 | ESS Tech | 22.34 Mn | 22.34 Mn | -7.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 346,000.00 |
| Dec 31, 2025 | 359,000.00 |
| Sep 30, 2025 | 6.63 Mn |
| Jun 30, 2025 | 1.38 Mn |
| Mar 31, 2025 | 1.36 Mn |
| Dec 31, 2024 | 5.24 Mn |
| Sep 30, 2024 | 20.43 Mn |
| Jun 30, 2024 | 5.70 Mn |
| Mar 31, 2024 | 19.96 Mn |
| Dec 31, 2023 | 20.78 Mn |
| Sep 30, 2023 | 1.40 Mn |
| Jun 30, 2023 | 6.52 Mn |
| Mar 31, 2023 | 5.93 Mn |
| Dec 31, 2022 | 6.17 Mn |
| Sep 30, 2022 | 3.55 Mn |
| Jun 30, 2022 | 6.80 Mn |
| Mar 31, 2022 | 6.86 Mn |
| Dec 31, 2021 | 3.66 Mn |
| Sep 30, 2021 | 3.11 Mn |
| Dec 31, 2020 | 2.26 Mn |