ESS Tech (GWH) EBITDA Margin (2022 - 2026)
ESS Tech's (GWH) quarterly EBITDA 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 (GWH) EBITDA Margin (2022 - 2026) Analysis & Trends
ESS Tech's EBITDA Margin history runs 5 years deep, the most recent figure standing at 10765.62% for Q1 2026.
- On a quarterly basis, EBITDA Margin fell 773624.0% year-over-year to 10765.62% in Q1 2026; TTM through Mar 2026 was 4769.87%, a 264163.0% decrease from a year earlier, with the FY2025 full-year figure at 3626.47%, down 219997.0% from the prior year.
- EBITDA Margin slipped to 10765.62% in Q1 2026 per GWH's latest filing, from 1126.76% in the prior quarter.
- Across five years, EBITDA Margin topped out at 1126.76% in Q4 2025 and bottomed at 196225.0% in Q4 2022.
- The 5-year median for EBITDA Margin is 3276.79% (2022), against an average of 16000.7%.
- Across the five-year window, EBITDA Margin soared 19554313 bps in 2023 and sank 773624 bps in 2026, its largest moves.
- Year by year, EBITDA Margin stood at 196225.0% in 2022, then surged by 100 bps to 681.87% in 2023, then fell by 21 bps to 824.46% in 2024, then soared by 237 bps to 1126.76% in 2025, then sank by 1055 bps to 10765.62% in 2026.
- Per Business Quant, the three latest GWH EBITDA Margin figures stand at 10765.62% (Q1 2026), 1126.76% (Q4 2025), and 4584.58% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 406.66 Bn | 406.64 Bn | 6.04 Mn | 12.10% |
| 2 | Vertiv Holdings | 108.27 Bn | 105.77 Bn | 999.70 Mn | 16.61% |
| 3 | Bloom Energy | 52.18 Bn | 49.69 Bn | 225.54 Mn | 9.61% |
| 4 | Hubbell | 25.86 Bn | 25.34 Bn | 505.30 Mn | 17.39% |
| 5 | nVent Electric | 23.71 Bn | 23.52 Bn | 445.60 Mn | 15.76% |
| 6 | Advanced Energy Industries | 10.80 Bn | 10.10 Bn | 200.90 Mn | 13.37% |
| 7 | Acuity Inc. (De) | 10.07 Bn | 9.66 Bn | 606.40 Mn | 16.14% |
| 8 | Powell Industries | 7.95 Bn | 7.40 Bn | 87.94 Mn | 19.41% |
| 9 | EnerSys | 7.04 Bn | 6.60 Bn | 290.87 Mn | 12.52% |
| 10 | ESS Tech | 22.12 Mn | 654,153.46 | -7.04 Mn | -10,765.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |