ESS Tech (GWH) Intangibles (2023 - 2026)
ESS Tech (GWH) posted Intangibles of $2.5 million for Q2 2026, down 2.56% on a QoQ basis from $2.6 million in Q1 2026, and down 43.67% year-over-year from $4.5 million in Q2 2025.
Analysis
ESS Tech (GWH) Intangibles (2023 - 2026) Analysis & Trends
ESS Tech has reported Intangibles for 4 years, with the latest figure at $2.5 million in Q2 2026.
- On a quarterly basis, Intangibles fell 43.67% year-over-year to $2.5 million in Q2 2026; TTM through Jun 2026 was $2.5 million, a 43.67% decrease from a year earlier, with the FY2025 full-year figure at $2.7 million, down 42.4% from the prior year.
- Intangibles was $2.5 million for Q2 2026 at ESS Tech, down from $2.6 million in the prior quarter.
- The five-year high for Intangibles was $5.0 million in Q3 2023, with the low at $2.5 million in Q2 2026.
- Average Intangibles over 4 years is $4.2 million, with a median of $4.6 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2026: Intangibles slipped 5.35% in 2024, then tumbled 43.67% in 2026.
- Over 4 years, Intangibles stood at $4.9 million in 2023, then retreated by 5.42% to $4.7 million in 2024, then plunged by 42.4% to $2.7 million in 2025, then slipped by 5.0% to $2.5 million in 2026.
- The last three Intangibles figures came in at $2.5 million (Q2 2026), $2.6 million (Q1 2026), and $2.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 334.24 Mn |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - | - |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 Mn | 1.51 Mn |
| 4 | Fluence Energy | 1.34 Bn | 769.30 Mn | 33.24 Mn | 64.22 Mn |
| 5 | Energy Vault Holdings | 752.49 Mn | 645.13 Mn | 5.38 Mn | 7.20 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn | 29.17 Mn |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn | - |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn | - |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 Mn | 11.77 Mn |
| 10 | ESS Tech | 12.59 Mn | 12.59 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 |