ESS Tech GWH
NYSE GWH
$0.37 -0.01 (-1.65%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

ESS Tech (GWH) posted EBIT Margin of 20731.51% for Q2 2026, down 92.57% on a QoQ basis from 10765.62% in Q1 2026, and down 2024139.0% year-over-year from N/an in Q2 2025.

Analysis

ESS Tech (GWH) EBIT Margin (2022 - 2026) Analysis & Trends

ESS Tech has reported EBIT Margin for 5 years, with the latest figure at 20731.51% in Q2 2026.

  • On a quarterly basis, EBIT Margin fell 2024139.0% year-over-year to 20731.51% in Q2 2026; TTM through Jun 2026 was 4826.77%, a 607364.0% increase from a year earlier, with the FY2025 full-year figure at 3626.47%, down 219997.0% from the prior year.
  • EBIT Margin was 20731.51% for Q2 2026 at ESS Tech, down from 10765.62% 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 16278.98%, with a median of 3524.2% recorded in 2022.
  • The sharpest annual moves came in 2023 and 2026: EBIT Margin surged 19554313 bps in 2023, then plunged 2024139 bps in 2026.
  • Over 5 years, EBIT Margin 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 sank by 1940 bps to 20731.51% in 2026.
  • The last three EBIT Margin figures came in at 20731.51% (Q2 2026), 10765.62% (Q1 2026), and 1126.76% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 EnerSys 6.54 Bn 6.01 Bn 313.36 Mn 16.18%
2 QuantumScape 3.20 Bn 3.20 Bn - -
3 Eos Energy Enterprises 1.35 Bn 1.00 Bn -48.80 Mn -121.86%
4 Fluence Energy 1.34 Bn 769.30 Mn 33.24 Mn -4.58%
5 Energy Vault Holdings 752.49 Mn 645.13 Mn 5.38 Mn -141.97%
6 Enovix 689.37 Mn 689.37 Mn 1.30 Mn -479.79%
7 Amprius Technologies 436.15 Mn 361.63 Mn 9.28 Mn -12.63%
8 Electrovaya 257.13 Mn 244.05 Mn 6.19 Mn 4.45%
9 Microvast Holdings 215.82 Mn 72.70 Mn 25.78 Mn -1.97%
10 ESS Tech 12.59 Mn 12.59 Mn -7.42 Mn -20,731.51%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -20,731.51%
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%