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
DateValue
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