Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Sales

ESS Tech (GWH) Gross Margin (2022 - 2025)

ESS Tech has reported Gross Margin over the past 4 years, most recently at 610.77% for Q4 2025.

  • Quarterly results put Gross Margin at 610.77% for Q4 2025, up 107351.0% from a year ago — trailing twelve months through Dec 2025 was 1748.07% (down 102753.0% YoY), and the annual figure for FY2025 was 1748.07%, down 102753.0%.
  • Gross Margin for Q4 2025 was 610.77% at ESS Tech, up from 2207.94% in the prior quarter.
  • Over the last five years, Gross Margin for GWH hit a ceiling of 610.77% in Q4 2025 and a floor of 3449.03% in Q3 2024.
  • Median Gross Margin over the past 4 years was 268.81% (2023), compared with a mean of 751.5%.
  • Biggest five-year swings in Gross Margin: plummeted -337586bps in 2024 and later soared 305953bps in 2025.
  • ESS Tech's Gross Margin stood at 100.0% in 2022, then tumbled by -369bps to 268.81% in 2023, then plummeted by -72bps to 462.74% in 2024, then soared by 232bps to 610.77% in 2025.
  • The last three reported values for Gross Margin were 610.77% (Q4 2025), 2207.94% (Q3 2025), and 216.33% (Q2 2025) per Business Quant data.