ESS Tech GWH
NYSE GWH
$0.40 +0.01 (+3.37%)
At close: Aug 21, 2026 · 4:00 PM EDT

ESS Tech (GWH) Gross Profit (2022 - 2026)

ESS Tech (GWH) posted quarterly Gross Profit of -$7.0 million for Q1 2026, up 13.61% year-over-year from -$6.2 million in Q1 2025, and up 27.44% quarter-over-quarter from -$9.7 million in Q4 2025.

ESS Tech (GWH) Gross Profit (2022 - 2026) Analysis & Trends

ESS Tech's Gross Profit history runs 5 years deep, the most recent figure standing at -$7.0 million for Q1 2026.

  • In Q1 2026, Gross Profit rose 13.61% year-over-year to -$7.0 million; the TTM figure through Mar 2026 stood at -$26.6 million (up 41.12% YoY), while the FY2025 annual figure was -$27.7 million, up 38.99% from the prior year.
  • Gross Profit for Q1 2026 stood at -$7.0 million, up from -$9.7 million in the prior quarter.
  • The five-year high for Gross Profit was $2.8 million in Q2 2023, with the low at -$13.2 million in Q4 2024.
  • The 5-year median for Gross Profit is -$7.5 million (2023), against an average of -$6.2 million.
  • The sharpest annual moves came in 2023 and 2025: Gross Profit slumped 47075.0% in 2023, then jumped 61.84% in 2025.
  • ESS Tech's Gross Profit stood at $16000.0 in 2022, then plunged by 47075.0% to -$7.5 million in 2023, then tumbled by 75.47% to -$13.2 million in 2024, then rose by 26.46% to -$9.7 million in 2025, then increased by 27.44% to -$7.0 million in 2026.
  • Business Quant data shows GWH's Gross Profit at -$7.0 million in Q1 2026, -$9.7 million in Q4 2025, and -$4.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertiv Holdings 100.83 Bn 97.72 Bn 1.23 Bn
2 Bloom Energy 57.56 Bn 54.89 Bn 355.57 Mn
3 Hubbell 24.89 Bn 24.50 Bn 613.00 Mn
4 nVent Electric 24.60 Bn 24.35 Bn 558.00 Mn
5 Advanced Energy Industries 11.11 Bn 9.69 Bn 236.10 Mn
6 Acuity Inc. (De) 10.38 Bn 9.97 Bn 606.40 Mn
7 Powell Industries 7.20 Bn 6.57 Bn 95.30 Mn
8 EnerSys 6.92 Bn 6.39 Bn 313.36 Mn
9 Plug Power 3.17 Bn 2.85 Bn -1.68 Mn
10 ESS Tech 13.23 Mn 13.23 Mn -7.42 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -7.42 Mn
Jun 30, 2026 -7.42 Mn
Mar 31, 2026 -7.04 Mn
Mar 31, 2026 -7.04 Mn
Dec 31, 2025 -9.70 Mn
Dec 31, 2025 -9.70 Mn
Sep 30, 2025 -4.73 Mn
Sep 30, 2025 -4.73 Mn
Jun 30, 2025 -5.10 Mn
Jun 30, 2025 -5.10 Mn
Mar 31, 2025 -8.15 Mn
Mar 31, 2025 -8.15 Mn
Dec 31, 2024 -13.19 Mn
Dec 31, 2024 -13.19 Mn
Sep 30, 2024 -12.38 Mn
Sep 30, 2024 -12.38 Mn
Jun 30, 2024 -11.40 Mn
Jun 30, 2024 -11.40 Mn
Mar 31, 2024 -8.39 Mn
Mar 31, 2024 -8.39 Mn