ESS Tech (GWH) EBITDA (2020 - 2026)
ESS Tech's quarterly EBITDA came in at -$15.9 million in Q1 2026, up 11.67% year-on-year from -$14.3 million in Q1 2025, and up 33.61% quarter-over-quarter from -$24.0 million in Q4 2025.
ESS Tech has reported EBITDA for 7 years, with the latest figure at -$15.9 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA rose 11.67% year-over-year to -$15.9 million; the trailing twelve-month figure through Mar 2026 stood at -$61.3 million (up 28.63% YoY), and the FY2025 full-year result was -$63.4 million, up 26.42% from the prior year.
- EBITDA for Q1 2026 stood at -$15.9 million, up from -$24.0 million in the prior quarter.
- The five-year high for EBITDA was -$5.7 million in Q1 2022, with the low at -$31.6 million in Q3 2022.
- Average EBITDA over 5 years is -$18.9 million, with a median of -$18.3 million recorded in 2024.
- Year-over-year, EBITDA soared 86.1% in 2022 and slumped 283.62% in 2023.
- Tracing GWH's EBITDA over 5 years: stood at -$25.1 million in 2022, then surged by 35.67% to -$16.1 million in 2023, then sank by 45.56% to -$23.5 million in 2024, then declined by 2.15% to -$24.0 million in 2025, then soared by 33.61% to -$15.9 million in 2026.
- The last three EBITDA figures came in at -$15.9 million (Q1 2026), -$24.0 million (Q4 2025), and -$10.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 440.10 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 72.20 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 145.60 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 263.80 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 68.30 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 57.58 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 117.50 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 123.70 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -109.49 Mn |
| 10 | ESS Tech | 28.05 Mn | 28.05 Mn | -7.04 Mn | -15.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -15.92 Mn |
| Dec 31, 2025 | -23.98 Mn |
| Sep 30, 2025 | -10.38 Mn |
| Jun 30, 2025 | -11.06 Mn |
| Mar 31, 2025 | -18.03 Mn |
| Dec 31, 2024 | -23.48 Mn |
| Sep 30, 2024 | -22.49 Mn |
| Jun 30, 2024 | -21.94 Mn |
| Mar 31, 2024 | -18.31 Mn |
| Dec 31, 2023 | -16.13 Mn |
| Sep 30, 2023 | -16.62 Mn |
| Jun 30, 2023 | -22.93 Mn |
| Mar 31, 2023 | -21.90 Mn |
| Dec 31, 2022 | -25.08 Mn |
| Sep 30, 2022 | -31.60 Mn |
| Jun 30, 2022 | -15.59 Mn |
| Mar 31, 2022 | -5.71 Mn |
| Dec 31, 2021 | -180.43 Mn |
| Sep 30, 2021 | -51.33 Mn |
| Jun 30, 2021 | -10.15 Mn |
| Mar 31, 2021 | -8.28 Mn |
| Dec 31, 2020 | -708,829.00 |
| Sep 30, 2020 | -41,854.00 |