ESS Tech (GWH) Profit After Tax (2020 - 2026)
ESS Tech (GWH) posted quarterly Profit After Tax of -$15.9 million for Q1 2026, up 11.67% year-over-year from -$14.3 million in Q1 2025, and up 33.61% quarter-over-quarter from -$24.0 million in Q4 2025.
ESS Tech (GWH) Profit After Tax (2020 - 2026) Analysis & Trends
ESS Tech's Profit After Tax history runs 7 years deep, the most recent figure standing at -$15.9 million for Q1 2026.
- In Q1 2026, Profit After Tax rose 11.67% year-over-year to -$15.9 million; the TTM figure through Mar 2026 stood at -$61.3 million (up 28.63% YoY), while the FY2025 annual figure was -$63.4 million, up 26.42% from the prior year.
- Profit After Tax for Q1 2026 stood at -$15.9 million, up from -$24.0 million in the prior quarter.
- The five-year high for Profit After Tax was -$5.7 million in Q1 2022, with the low at -$31.6 million in Q3 2022.
- The 5-year median for Profit After Tax is -$18.3 million (2024), against an average of -$18.9 million.
- The sharpest annual moves came in 2022 and 2023: Profit After Tax jumped 96.31% in 2022, then sank 283.62% in 2023.
- ESS Tech's Profit After Tax stood at -$25.1 million in 2022, then soared by 35.67% to -$16.1 million in 2023, then sank by 45.56% to -$23.5 million in 2024, then slipped by 2.15% to -$24.0 million in 2025, then jumped by 33.61% to -$15.9 million in 2026.
- Business Quant data shows GWH's Profit After Tax at -$15.9 million in Q1 2026, -$24.0 million in Q4 2025, and -$10.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 497.80 Mn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 198.86 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 242.20 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 216.10 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 54.50 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 141.00 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 52.16 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 116.45 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | -190.10 Mn |
| 10 | ESS Tech | 13.23 Mn | 13.23 Mn | -7.42 Mn | -15.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -15.55 Mn |
| Mar 31, 2026 | -15.92 Mn |
| Dec 31, 2025 | -23.98 Mn |
| Sep 30, 2025 | -10.38 Mn |
| Jun 30, 2025 | -11.06 Mn |
| Mar 31, 2025 | -18.03 Mn |
| Dec 31, 2024 | -23.48 Mn |
| Sep 30, 2024 | -22.49 Mn |
| Jun 30, 2024 | -21.94 Mn |
| Mar 31, 2024 | -18.31 Mn |
| Dec 31, 2023 | -16.13 Mn |
| Sep 30, 2023 | -16.62 Mn |
| Jun 30, 2023 | -22.93 Mn |
| Mar 31, 2023 | -21.90 Mn |
| Dec 31, 2022 | -25.08 Mn |
| Sep 30, 2022 | -31.60 Mn |
| Jun 30, 2022 | -15.59 Mn |
| Mar 31, 2022 | -5.71 Mn |
| Dec 31, 2021 | -180.43 Mn |
| Sep 30, 2021 | -51.33 Mn |