ESS Tech (GWH) Liabilities and Shareholders Equity (2020 - 2026)
ESS Tech (GWH) posted Liabilities and Shareholders Equity of $32.48 million for Q2 2026, down 18.0% from $39.62 million a year earlier and down 33.1% from the prior quarter.
Powered by 
Analysis
ESS Tech (GWH) Liabilities and Shareholders Equity (2020 - 2026) Analysis & Trends
At the end of FY2025, ESS Tech's Liabilities and Shareholders Equity came in at $51.17 million, down 28.7% from FY2024.
- Annual Liabilities and Shareholders Equity has declined for four consecutive years, though with a five-year compound annual growth rate of 41.5% (FY2020 to FY2025).
- In prior years, ESS Tech's Liabilities and Shareholders Equity was $71.81 million in FY2024 (-49.9%), $143.23 million in FY2023 (-17.5%), $173.55 million in FY2022 (-30.6%) and $250.2 million in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Liabilities and Shareholders Equity since Q4 2020.
- On a year-over-year basis, Liabilities and Shareholders Equity has declined in each of the last 18 quarters, with an average decline of 41.1% over the last eight quarters.
- Across the past five years, year-over-year decline in Liabilities and Shareholders Equity ran from 0.8% in Q3 2021 to 64.4% in Q2 2025.
- According to Business Quant data, Liabilities and Shareholders Equity for the three prior quarters was $48.57 million (Q1 2026), $51.17 million (Q4 2025) and $36.15 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 80.80 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 5.63 Bn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 13.39 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 4.42 Bn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 5.77 Bn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 4.26 Bn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 3.96 Bn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 2.92 Bn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 3.52 Bn |
| 10 | ESS Tech | 5.59 Mn | 5.59 Mn | -7.42 Mn | 32.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.48 Mn |
| Mar 31, 2026 | 48.57 Mn |
| Dec 31, 2025 | 51.17 Mn |
| Sep 30, 2025 | 36.15 Mn |
| Jun 30, 2025 | 39.62 Mn |
| Mar 31, 2025 | 53.58 Mn |
| Dec 31, 2024 | 71.81 Mn |
| Sep 30, 2024 | 96.70 Mn |
| Jun 30, 2024 | 111.13 Mn |
| Mar 31, 2024 | 123.63 Mn |
| Dec 31, 2023 | 143.23 Mn |
| Sep 30, 2023 | 158.66 Mn |
| Jun 30, 2023 | 127.76 Mn |
| Mar 31, 2023 | 147.45 Mn |
| Dec 31, 2022 | 173.55 Mn |
| Sep 30, 2022 | 191.86 Mn |
| Jun 30, 2022 | 216.12 Mn |
| Mar 31, 2022 | 235.48 Mn |
| Dec 31, 2021 | 250.20 Mn |
| Sep 30, 2021 | 250.22 Mn |
API Access
ESS Tech Liabilities and Shareholders Equity 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=liabilities-and-shareholders-equity&ticker=GWH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "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=liabilities-and-shareholders-equity&ticker=GWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();