ESS Tech (GWH) Profit After Tax (2020 - 2026)

ESS Tech's (GWH) quarterly Profit After Tax came in at -$15.9 million in Q1 2026, up 11.67% year-on-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.

  • On a quarterly basis, Profit After Tax rose 11.67% year-over-year to -$15.9 million in Q1 2026; TTM through Mar 2026 was -$61.3 million, a 28.63% increase from a year earlier, with the FY2025 full-year figure at -$63.4 million, up 26.42% from the prior year.
  • Profit After Tax advanced to -$15.9 million in Q1 2026 per GWH's latest filing, from -$24.0 million in the prior quarter.
  • Across five years, Profit After Tax topped out at -$5.7 million in Q1 2022 and bottomed 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.
  • Across the five-year window, Profit After Tax jumped 96.31% in 2022 and slumped 283.62% in 2023, its largest moves.
  • Year by year, Profit After Tax stood at -$25.1 million in 2022, then jumped by 35.67% to -$16.1 million in 2023, then plunged by 45.56% to -$23.5 million in 2024, then dropped by 2.15% to -$24.0 million in 2025, then surged by 33.61% to -$15.9 million in 2026.
  • Per Business Quant, the three latest GWH Profit After Tax figures stand at -$15.9 million (Q1 2026), -$24.0 million (Q4 2025), and -$10.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 1.02 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 73.69 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 181.80 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 145.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 67.30 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 130.10 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 45.89 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 77.30 Mn
10 ESS Tech 22.34 Mn 22.34 Mn -7.04 Mn -15.92 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -90.44 Mn