ESS Tech (GWH) Net Margin (2022 - 2026)

ESS Tech's quarterly Net Margin came in at 12715.62% in Q1 2026, down 972230.0% year-on-year from N/an in Q1 2025, and down 972.69% quarter-over-quarter from 1457.05% in Q4 2025.

ESS Tech has reported Net Margin for 5 years, with the latest figure at 12715.62% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 972230.0% year-over-year to 12715.62%; the trailing twelve-month figure through Mar 2026 stood at 5504.32% (down 343747.0% YoY), and the FY2025 full-year result was 3971.07%, down 260135.0% from the prior year.
  • Net Margin for Q1 2026 stood at 12715.62%, down from 1457.05% in the prior quarter.
  • The five-year high for Net Margin was 1457.05% in Q4 2025, with the low at 196225.0% in Q4 2022.
  • Average Net Margin over 5 years is 16068.49%, with a median of 3258.76% recorded in 2025.
  • Year-over-year, Net Margin soared 19554313 bps in 2023 and tumbled 972230 bps in 2026.
  • Tracing GWH's Net Margin over 5 years: stood at 196225.0% in 2022, then soared by 100 bps to 681.87% in 2023, then declined by 18 bps to 807.72% in 2024, then soared by 280 bps to 1457.05% in 2025, then sank by 973 bps to 12715.62% in 2026.
  • The last three Net Margin figures came in at 12715.62% (Q1 2026), 1457.05% (Q4 2025), and 4797.66% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 14.72%
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 9.41%
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 0.16%
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 12.07%
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn -0.10%
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 15.47%
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 9.17%
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 7.82%
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn -150.47%
10 ESS Tech 28.05 Mn 28.05 Mn -7.04 Mn -12,715.63%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -12,715.63%
Dec 31, 2025 1,457.05%
Sep 30, 2025 -4,797.66%
Jun 30, 2025 -488.85%
Mar 31, 2025 -2,993.32%
Dec 31, 2024 -807.72%
Sep 30, 2024 -6,371.87%
Jun 30, 2024 -6,342.82%
Mar 31, 2024 -666.73%
Dec 31, 2023 -681.87%
Sep 30, 2023 -1,098.96%
Jun 30, 2023 -809.23%
Mar 31, 2023 -6,585.75%
Dec 31, 2022 -196,225.00%
Sep 30, 2022 -14,443.23%
Jun 30, 2022 -3,524.20%