ESS Tech (GWH) Operating Income (2020 - 2026)
ESS Tech (GWH) reported Operating Income of -$15.13 million for Q2 2026, compared with -$11.56 million a year earlier.
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Analysis
ESS Tech (GWH) Operating Income (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, ESS Tech's Operating Income came in at -$56.62 million; for FY2025, it came in at -$57.41 million.
- By year, Operating Income came in at -$89.8 million in FY2024, -$85.91 million in FY2023, -$105.49 million in FY2022 and -$60.6 million in FY2021.
- Five-year quarterly Operating Income spans a low of -$31.4 million in Q4 2022 and a high of -$9.81 million in Q3 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$13.78 million (Q1 2026), -$17.89 million (Q4 2025) and -$9.81 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 653.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 182.24 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 450.39 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 114.14 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 210.43 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 190.91 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 151.41 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 51.52 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 17.90 Mn |
| 10 | ESS Tech | 5.59 Mn | 5.59 Mn | -7.42 Mn | -15.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -15.13 Mn |
| Mar 31, 2026 | -13.78 Mn |
| Dec 31, 2025 | -17.89 Mn |
| Sep 30, 2025 | -9.81 Mn |
| Jun 30, 2025 | -11.56 Mn |
| Mar 31, 2025 | -18.15 Mn |
| Dec 31, 2024 | -23.50 Mn |
| Sep 30, 2024 | -23.68 Mn |
| Jun 30, 2024 | -23.13 Mn |
| Mar 31, 2024 | -19.49 Mn |
| Dec 31, 2023 | -19.07 Mn |
| Sep 30, 2023 | -18.13 Mn |
| Jun 30, 2023 | -24.21 Mn |
| Mar 31, 2023 | -24.50 Mn |
| Dec 31, 2022 | -31.40 Mn |
| Sep 30, 2022 | -27.73 Mn |
| Jun 30, 2022 | -24.18 Mn |
| Mar 31, 2022 | -22.19 Mn |
| Dec 31, 2021 | -31.13 Mn |
| Sep 30, 2021 | -11.04 Mn |
API Access
ESS Tech Operating Income 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=operating-income&ticker=GWH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=GWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();