ESS Tech (GWH) EBITDA (2020 - 2026)

ESS Tech's EBITDA history runs 7 years deep, the most recent figure standing at -$13.8 million for Q1 2026.

• On a quarterly basis, EBITDA rose 24.06% year-over-year to -$13.8 million in Q1 2026; TTM through Mar 2026 was -$53.0 million, a 40.03% increase from a year earlier, with the FY2025 full-year figure at -$57.4 million, up 36.07% from the prior year.
• EBITDA improved to -$13.8 million in Q1 2026 per GWH's latest filing, from -$17.9 million in the prior quarter.
• Across five years, EBITDA topped out at -$9.8 million in Q3 2025 and bottomed at -$31.4 million in Q4 2022.
• The 5-year median for EBITDA is -$22.2 million (2022), against an average of -$20.7 million.
• Across the five-year window, EBITDA sank 167.84% in 2022 and soared 58.57% in 2025, its largest moves.
• Year by year, EBITDA stood at -$31.4 million in 2022, then soared by 39.28% to -$19.1 million in 2023, then dropped by 23.25% to -$23.5 million in 2024, then grew by 23.85% to -$17.9 million in 2025, then gained by 22.99% to -$13.8 million in 2026.
• Per Business Quant, the three latest GWH EBITDA figures stand at -$13.8 million (Q1 2026), -$17.9 million (Q4 2025), and -$9.8 million (Q3 2025).