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

ESS Tech's 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 has reported Prepaid Assets for 7 years, with the latest figure at $2.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Prepaid Assets fell 17.38% year-over-year to $2.4 million; the trailing twelve-month figure through Mar 2026 stood at $2.4 million (down 17.38% YoY), and the FY2025 full-year result was $3.3 million, down 34.89% from the prior year.
  • Prepaid Assets for Q1 2026 stood at $2.4 million, down from $3.3 million in the prior quarter.
  • The five-year high for Prepaid Assets was $5.7 million in Q4 2022, with the low at $2.0 million in Q3 2023.
  • Average Prepaid Assets over 5 years is $3.7 million, with a median of $3.5 million recorded in 2022.
  • Year-over-year, Prepaid Assets soared 1933.89% in 2022 and tumbled 51.79% in 2025.
  • Tracing GWH's Prepaid Assets over 5 years: stood at $5.7 million in 2022, then plunged by 41.58% to $3.3 million in 2023, then jumped by 51.23% to $5.0 million in 2024, then plunged by 34.89% to $3.3 million in 2025, then slipped by 27.69% to $2.4 million in 2026.
  • The last three Prepaid Assets figures came in at $2.4 million (Q1 2026), $3.3 million (Q4 2025), and $2.5 million (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

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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
Mar 31, 2021 244,592.00
Dec 31, 2020 793,000.00
Sep 30, 2020 420,591.00