ESS Tech (GWH) Prepaid Assets (2020 - 2026)
ESS Tech (GWH) recorded Prepaid Assets of $1.81 million in Q2 2026, down 60.9% from $4.64 million a year earlier and down 22.9% from the prior quarter.
ESS Tech (GWH) Prepaid Assets (2020 - 2026) Analysis & Trends
At the end of FY2025, ESS Tech reported Prepaid Assets of $3.25 million, down 34.9% from FY2024.
- Annual Prepaid Assets has a five-year compound annual growth rate of 32.6% (FY2020 to FY2025).
- Across earlier years, Prepaid Assets came in at $5 million in FY2024 (+51.2%), $3.31 million in FY2023 (-41.6%), $5.66 million in FY2022 (+16.8%) and $4.84 million in FY2021 (+510.8%).
- The Q2 2026 figure is the lowest quarterly Prepaid Assets since Q3 2021.
- On a year-over-year basis, Prepaid Assets has declined for four consecutive quarters, with growth averaging 4.3% over the last eight quarters.
- Peak year-over-year performance for Prepaid Assets in the last five years was growth of 510.8% in Q4 2021, against a decline of 61.9% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.35 million (Q1 2026), $3.25 million (Q4 2025) and $2.45 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | ESS Tech | 5.59 Mn | 5.59 Mn | -7.42 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.81 Mn |
| Mar 31, 2026 | 2.35 Mn |
| Dec 31, 2025 | 3.25 Mn |
| Sep 30, 2025 | 2.45 Mn |
| Jun 30, 2025 | 4.64 Mn |
| Mar 31, 2025 | 2.85 Mn |
| Dec 31, 2024 | 5.00 Mn |
| Sep 30, 2024 | 5.08 Mn |
| Jun 30, 2024 | 3.91 Mn |
| Mar 31, 2024 | 3.59 Mn |
| Dec 31, 2023 | 3.31 Mn |
| Sep 30, 2023 | 2.04 Mn |
| Jun 30, 2023 | 3.15 Mn |
| Mar 31, 2023 | 3.95 Mn |
| Dec 31, 2022 | 5.66 Mn |
| Sep 30, 2022 | 3.26 Mn |
| Jun 30, 2022 | 3.50 Mn |
| Mar 31, 2022 | 4.41 Mn |
| Dec 31, 2021 | 4.84 Mn |
| Sep 30, 2021 | 160,186.00 |
ESS Tech Prepaid 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=prepaid-assets&ticker=GWH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-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=prepaid-assets&ticker=GWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();