ESS Tech (GWH) Net Margin (2022 - 2026)
ESS Tech's (GWH) quarterly Net Margin came in at 18678.91% in Q1 2026, down 1531096.0% year-on-year from N/an in Q1 2025, and down 1836.35% quarter-over-quarter from 1075.76% in Q4 2025.
ESS Tech (GWH) Net Margin (2022 - 2026) Analysis & Trends
ESS Tech's Net Margin history runs 5 years deep, the most recent figure standing at 18678.91% for Q1 2026.
- On a quarterly basis, Net Margin fell 1531096.0% year-over-year to 18678.91% in Q1 2026; TTM through Mar 2026 was 6003.24%, a 365728.0% decrease from a year earlier, with the FY2025 full-year figure at 3954.96%, down 247623.0% from the prior year.
- Net Margin slipped to 18678.91% in Q1 2026 per GWH's latest filing, from 1075.76% in the prior quarter.
- Across five years, Net Margin topped out at 1075.76% in Q4 2025 and bottomed at 206493.75% in Q4 2022.
- The 5-year median for Net Margin is 3530.47% (2022), against an average of 17474.79%.
- Across the five-year window, Net Margin soared 20579672 bps in 2023 and slumped 1531096 bps in 2026, its largest moves.
- Year by year, Net Margin stood at 206493.75% in 2022, then jumped by 100 bps to 697.03% in 2023, then fell by 21 bps to 841.37% in 2024, then soared by 228 bps to 1075.76% in 2025, then sank by 1836 bps to 18678.91% in 2026.
- Per Business Quant, the three latest GWH Net Margin figures stand at 18678.91% (Q1 2026), 1075.76% (Q4 2025), and 5611.68% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 411.34 Bn | 411.31 Bn | 6.04 Mn | 10.84% |
| 2 | Vertiv Holdings | 109.19 Bn | 106.69 Bn | 999.70 Mn | 14.72% |
| 3 | Bloom Energy | 52.58 Bn | 50.09 Bn | 225.54 Mn | 9.41% |
| 4 | Hubbell | 26.29 Bn | 25.77 Bn | 505.30 Mn | 12.07% |
| 5 | nVent Electric | 24.04 Bn | 23.85 Bn | 445.60 Mn | 0.16% |
| 6 | Advanced Energy Industries | 10.95 Bn | 10.25 Bn | 200.90 Mn | -0.10% |
| 7 | Acuity Inc. (De) | 10.13 Bn | 9.72 Bn | 606.40 Mn | -4.59% |
| 8 | Powell Industries | 7.97 Bn | 7.42 Bn | 87.94 Mn | 15.47% |
| 9 | EnerSys | 7.10 Bn | 6.66 Bn | 290.87 Mn | 7.82% |
| 10 | ESS Tech | 22.26 Mn | 797,695.08 | -7.04 Mn | -18,678.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -18,678.91% |
| Dec 31, 2025 | 1,075.76% |
| Sep 30, 2025 | -5,611.68% |
| Jun 30, 2025 | -583.33% |
| Mar 31, 2025 | -3,367.95% |
| Dec 31, 2024 | -841.37% |
| Sep 30, 2024 | -7,515.32% |
| Jun 30, 2024 | -7,576.15% |
| Mar 31, 2024 | -833.31% |
| Dec 31, 2023 | -697.03% |
| Sep 30, 2023 | -1,344.34% |
| Jun 30, 2023 | -1,036.79% |
| Mar 31, 2023 | -7,358.33% |
| Dec 31, 2022 | -206,493.75% |
| Sep 30, 2022 | -15,041.15% |
| Jun 30, 2022 | -3,693.00% |