ESS Tech (GWH) EBT (2020 - 2026)
ESS Tech's (GWH) quarterly EBT came in at -$23.9 million in Q1 2026, down 18.51% year-on-year from -$29.3 million in Q1 2025, and down 39.96% quarter-over-quarter from -$17.1 million in Q4 2025.
ESS Tech (GWH) EBT (2020 - 2026) Analysis & Trends
ESS Tech's EBT history runs 7 years deep, the most recent figure standing at -$23.9 million for Q1 2026.
- On a quarterly basis, EBT fell 18.51% year-over-year to -$23.9 million in Q1 2026; TTM through Mar 2026 was -$66.8 million, a 31.53% increase from a year earlier, with the FY2025 full-year figure at -$62.6 million, up 32.74% from the prior year.
- EBT eased to -$23.9 million in Q1 2026 per GWH's latest filing, from -$17.1 million in the prior quarter.
- Across five years, EBT topped out at -$12.0 million in Q3 2025 and bottomed at -$33.0 million in Q4 2022.
- The 5-year median for EBT is -$23.9 million (2026), against an average of -$23.2 million.
- Across the five-year window, EBT tumbled 170.84% in 2022 and jumped 55.49% in 2025, its largest moves.
- Year by year, EBT stood at -$33.0 million in 2022, then surged by 41.01% to -$19.5 million in 2023, then decreased by 23.04% to -$24.0 million in 2024, then grew by 28.76% to -$17.1 million in 2025, then plunged by 39.96% to -$23.9 million in 2026.
- Per Business Quant, the three latest GWH EBT figures stand at -$23.9 million (Q1 2026), -$17.1 million (Q4 2025), and -$12.0 million (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 413.55 Bn | 413.53 Bn | 6.04 Mn | 1.96 Mn |
| 2 | Vertiv Holdings | 109.26 Bn | 106.76 Bn | 999.70 Mn | 438.30 Mn |
| 3 | Bloom Energy | 53.01 Bn | 50.51 Bn | 225.54 Mn | 74.10 Mn |
| 4 | Hubbell | 26.33 Bn | 25.81 Bn | 505.30 Mn | 236.40 Mn |
| 5 | nVent Electric | 24.09 Bn | 23.90 Bn | 445.60 Mn | 176.90 Mn |
| 6 | Advanced Energy Industries | 10.99 Bn | 10.29 Bn | 200.90 Mn | 70.00 Mn |
| 7 | Acuity Inc. (De) | 10.14 Bn | 9.72 Bn | 606.40 Mn | -10.80 Mn |
| 8 | Powell Industries | 8.00 Bn | 7.45 Bn | 87.94 Mn | 61.78 Mn |
| 9 | EnerSys | 7.11 Bn | 6.67 Bn | 290.87 Mn | 99.11 Mn |
| 10 | ESS Tech | 22.27 Mn | 806,483.09 | -7.04 Mn | -23.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.91 Mn |
| Dec 31, 2025 | -17.08 Mn |
| Sep 30, 2025 | -12.01 Mn |
| Jun 30, 2025 | -13.76 Mn |
| Mar 31, 2025 | -20.17 Mn |
| Dec 31, 2024 | -23.98 Mn |
| Sep 30, 2024 | -26.98 Mn |
| Jun 30, 2024 | -26.37 Mn |
| Mar 31, 2024 | -22.82 Mn |
| Dec 31, 2023 | -19.49 Mn |
| Sep 30, 2023 | -20.77 Mn |
| Jun 30, 2023 | -29.31 Mn |
| Mar 31, 2023 | -27.37 Mn |
| Dec 31, 2022 | -33.04 Mn |
| Sep 30, 2022 | -28.88 Mn |
| Jun 30, 2022 | -25.33 Mn |
| Mar 31, 2022 | -22.59 Mn |
| Dec 31, 2021 | -31.13 Mn |
| Sep 30, 2021 | -11.04 Mn |
| Jun 30, 2021 | -10.15 Mn |