ESS Tech (GWH) Prepaid Assets (2020 - 2026)

ESS Tech's (GWH) quarterly Prepaid Assets came in at $2.4 million in Q1 2026, down 17.38% year-on-year from $2.8 million in Q1 2025, and down 27.69% quarter-over-quarter from $3.3 million in Q4 2025.

ESS Tech (GWH) Prepaid Assets (2020 - 2026) Analysis & Trends

ESS Tech's Prepaid Assets history runs 7 years deep, the most recent figure standing at $2.4 million for Q1 2026.

  • On a quarterly basis, Prepaid Assets fell 17.38% year-over-year to $2.4 million in Q1 2026; TTM through Mar 2026 was $2.4 million, a 17.38% decrease from a year earlier, with the FY2025 full-year figure at $3.3 million, down 34.89% from the prior year.
  • Prepaid Assets fell to $2.4 million in Q1 2026 per GWH's latest filing, from $3.3 million in the prior quarter.
  • Across five years, Prepaid Assets topped out at $5.7 million in Q4 2022 and bottomed at $2.0 million in Q3 2023.
  • The 5-year median for Prepaid Assets is $3.5 million (2022), against an average of $3.7 million.
  • Across the five-year window, Prepaid Assets soared 1933.89% in 2022 and tumbled 51.79% in 2025, its largest moves.
  • Year by year, Prepaid Assets stood at $5.7 million in 2022, then tumbled by 41.58% to $3.3 million in 2023, then soared by 51.23% to $5.0 million in 2024, then tumbled by 34.89% to $3.3 million in 2025, then decreased by 27.69% to $2.4 million in 2026.
  • Per Business Quant, the three latest GWH Prepaid Assets figures stand at $2.4 million (Q1 2026), $3.3 million (Q4 2025), and $2.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 ESS Tech 22.34 Mn 22.34 Mn -7.04 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 224,477.00