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| Date | Value |
|---|---|
| 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 |