ESS Tech (GWH) Non-Current Assets (2020 - 2026)
ESS Tech (GWH) reported Non-Current Assets of $18.89 million for Q2 2026, down 33.6% from $28.45 million a year earlier and down 20.6% from the prior quarter.
ESS Tech (GWH) Non-Current Assets (2020 - 2026) Analysis & Trends
At the end of FY2025, ESS Tech posted Non-Current Assets of $24.93 million, down 12.4% from FY2024.
- Non-Current Assets has a five-year compound annual growth rate of 63.1% (FY2020 to FY2025).
- By year, Non-Current Assets came in at $28.45 million in FY2024 (+13.2%), $25.13 million in FY2023 (+14.7%), $21.92 million in FY2022 (+368.2%) and $4.68 million in FY2021 (+116.5%).
- The Q2 2026 figure ranks as the lowest quarterly Non-Current Assets since Q2 2022.
- Year over year, Non-Current Assets has now declined in each of the last four quarters, with an average decline of 4.7% over the last eight quarters.
- The high point for year-over-year Non-Current Assets in five years was Q4 2022 (growth of 368.2%); the low point was Q1 2022 (a decline of 94.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $23.8 million (Q1 2026), $24.93 million (Q4 2025) and $24.59 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 33.37 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 1.04 Bn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 8.07 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 2.71 Bn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 3.34 Bn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 1.23 Bn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 1.83 Bn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 968.72 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 2.62 Bn |
| 10 | ESS Tech | 5.59 Mn | 5.59 Mn | -7.42 Mn | 18.89 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.89 Mn |
| Mar 31, 2026 | 23.80 Mn |
| Dec 31, 2025 | 24.93 Mn |
| Sep 30, 2025 | 24.59 Mn |
| Jun 30, 2025 | 28.45 Mn |
| Mar 31, 2025 | 29.89 Mn |
| Dec 31, 2024 | 28.45 Mn |
| Sep 30, 2024 | 28.14 Mn |
| Jun 30, 2024 | 26.47 Mn |
| Mar 31, 2024 | 25.39 Mn |
| Dec 31, 2023 | 25.13 Mn |
| Sep 30, 2023 | 27.23 Mn |
| Jun 30, 2023 | 22.34 Mn |
| Mar 31, 2023 | 22.39 Mn |
| Dec 31, 2022 | 21.92 Mn |
| Sep 30, 2022 | 20.62 Mn |
| Jun 30, 2022 | 16.75 Mn |
| Mar 31, 2022 | 14.65 Mn |
| Dec 31, 2021 | 4.68 Mn |
| Sep 30, 2021 | 250.06 Mn |
ESS Tech Non-Current Assets 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=non-current-assets&ticker=GWH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "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=non-current-assets&ticker=GWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();