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

ESS Tech's (GWH) quarterly FCF Margin came in at 11273.44% in Q1 2026, down 751467.0% year-on-year from N/an in Q1 2025, and down 1495.99% quarter-over-quarter from 807.56% in Q4 2025.

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

ESS Tech's FCF Margin history runs 5 years deep, the most recent figure standing at 11273.44% for Q1 2026.

  • On a quarterly basis, FCF Margin fell 751467.0% year-over-year to 11273.44% in Q1 2026; TTM through Mar 2026 was 3798.83%, a 195915.0% decrease from a year earlier, with the FY2025 full-year figure at 3179.28%, down 200684.0% from the prior year.
  • FCF Margin fell to 11273.44% in Q1 2026 per GWH's latest filing, from 807.56% in the prior quarter.
  • Across five years, FCF Margin topped out at 807.56% in Q4 2025 and bottomed at 174962.5% in Q4 2022.
  • The 5-year median for FCF Margin is 2040.97% (2025), against an average of 14060.05%.
  • Across the five-year window, FCF Margin soared 17451043 bps in 2023 and slumped 751467 bps in 2026, its largest moves.
  • Year by year, FCF Margin stood at 174962.5% in 2022, then jumped by 100 bps to 452.07% in 2023, then plunged by 49 bps to 674.32% in 2024, then soared by 220 bps to 807.56% in 2025, then sank by 1496 bps to 11273.44% in 2026.
  • Per Business Quant, the three latest GWH FCF Margin figures stand at 11273.44% (Q1 2026), 807.56% (Q4 2025), and 1227.57% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Electrovaya 406.66 Bn 406.64 Bn 6.04 Mn -41.78%
2 Vertiv Holdings 108.27 Bn 105.77 Bn 999.70 Mn 24.69%
3 Bloom Energy 52.18 Bn 49.69 Bn 225.54 Mn 6.34%
4 Hubbell 25.86 Bn 25.34 Bn 505.30 Mn 3.03%
5 nVent Electric 23.71 Bn 23.52 Bn 445.60 Mn 4.33%
6 Advanced Energy Industries 10.80 Bn 10.10 Bn 200.90 Mn -8.26%
7 Acuity Inc. (De) 10.07 Bn 9.66 Bn 606.40 Mn 22.84%
8 Powell Industries 7.95 Bn 7.40 Bn 87.94 Mn 16.63%
9 EnerSys 7.04 Bn 6.60 Bn 290.87 Mn 13.28%
10 ESS Tech 22.12 Mn 654,153.46 -7.04 Mn -11,273.44%

Historic Data

Download Data
DateValue
Mar 31, 2026 -11,273.44%
Dec 31, 2025 807.56%
Sep 30, 2025 -1,227.57%
Jun 30, 2025 -524.26%
Mar 31, 2025 -3,758.76%
Dec 31, 2024 -674.32%
Sep 30, 2024 -5,262.12%
Jun 30, 2024 -4,549.71%
Mar 31, 2024 -725.46%
Dec 31, 2023 -452.07%
Sep 30, 2023 -291.07%
Jun 30, 2023 -613.48%
Mar 31, 2023 -5,677.42%
Dec 31, 2022 -174,962.50%
Sep 30, 2022 -12,921.88%
Jun 30, 2022 -2,854.37%