ESS Tech (GWH) Intangibles (2023 - 2026)
ESS Tech (GWH) reported Intangibles of $2.55 million for Q2 2026, down 43.7% from $4.52 million a year earlier and down 2.6% from the prior quarter.
Analysis
ESS Tech (GWH) Intangibles (2023 - 2026) Analysis & Trends
At the end of FY2025, ESS Tech posted Intangibles of $2.68 million, down 42.4% from FY2024.
- By year, Intangibles came in at $4.66 million in FY2024 (-5.4%) and $4.92 million in FY2023.
- The Q2 2026 figure ranks as the lowest quarterly Intangibles in data going back to Q3 2023.
- Year over year, Intangibles has now declined in each of the last eight quarters, with an average decline of 19.6% over the last eight quarters.
- Across the past five years, year-over-year decline in Intangibles ran from 5.4% in Q3 2024 to 43.7% in Q2 2026.
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.62 million (Q1 2026), $2.68 million (Q4 2025) and $4.46 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 4.51 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | - |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 63.37 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 311.77 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 221.11 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 80.64 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 334.24 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 13.08 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 545.50 Mn |
| 10 | ESS Tech | 5.59 Mn | 5.59 Mn | -7.42 Mn | 2.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.55 Mn |
| Mar 31, 2026 | 2.62 Mn |
| Dec 31, 2025 | 2.68 Mn |
| Sep 30, 2025 | 4.46 Mn |
| Jun 30, 2025 | 4.52 Mn |
| Mar 31, 2025 | 4.59 Mn |
| Dec 31, 2024 | 4.66 Mn |
| Sep 30, 2024 | 4.72 Mn |
| Jun 30, 2024 | 4.79 Mn |
| Mar 31, 2024 | 4.86 Mn |
| Dec 31, 2023 | 4.92 Mn |
| Sep 30, 2023 | 4.99 Mn |
API Access
ESS Tech Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=GWH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "GWH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=GWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();