ESS Tech (GWH) EBIT Margin (2022 - 2026)

ESS Tech's quarterly EBIT Margin came in at 10765.62% in Q1 2026, down 773624.0% year-on-year from N/an in Q1 2025, and down 1055.45% quarter-over-quarter from 1126.76% in Q4 2025.

ESS Tech has reported EBIT Margin for 5 years, with the latest figure at 10765.62% in Q1 2026.

  • For the quarter ending Q1 2026, EBIT Margin fell 773624.0% year-over-year to 10765.62%; the trailing twelve-month figure through Mar 2026 stood at 4769.87% (down 264163.0% YoY), and the FY2025 full-year result was 3626.47%, down 219997.0% from the prior year.
  • EBIT Margin for Q1 2026 stood at 10765.62%, down from 1126.76% in the prior quarter.
  • The five-year high for EBIT Margin was 1126.76% in Q4 2025, with the low at 196225.0% in Q4 2022.
  • Average EBIT Margin over 5 years is 16000.7%, with a median of 3276.79% recorded in 2022.
  • Year-over-year, EBIT Margin soared 19554313 bps in 2023 and sank 773624 bps in 2026.
  • Tracing GWH's EBIT Margin over 5 years: stood at 196225.0% in 2022, then soared by 100 bps to 681.87% in 2023, then retreated by 21 bps to 824.46% in 2024, then jumped by 237 bps to 1126.76% in 2025, then slumped by 1055 bps to 10765.62% in 2026.
  • The last three EBIT Margin figures came in at 10765.62% (Q1 2026), 1126.76% (Q4 2025), and 4584.58% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 16.61%
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 9.61%
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 15.76%
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 17.39%
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 13.37%
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 19.41%
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 12.60%
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 12.52%
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn -66.96%
10 ESS Tech 28.05 Mn 28.05 Mn -7.04 Mn -10,765.63%

Historic Data

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DateValue
Mar 31, 2026 -10,765.63%
Dec 31, 2025 1,126.76%
Sep 30, 2025 -4,584.58%
Jun 30, 2025 -490.12%
Mar 31, 2025 -3,029.38%
Dec 31, 2024 -824.46%
Sep 30, 2024 -6,596.66%
Jun 30, 2024 -6,645.11%
Mar 31, 2024 -711.98%
Dec 31, 2023 -681.87%
Sep 30, 2023 -1,173.72%
Jun 30, 2023 -856.28%
Mar 31, 2023 -6,585.75%
Dec 31, 2022 -196,225.00%
Sep 30, 2022 -14,443.23%
Jun 30, 2022 -3,524.20%