ESS Tech (GWH) Retained Earnings (2020 - 2026)
ESS Tech (GWH) posted Retained Earnings of -$877.3 million for Q2 2026, down 200.7% on a QoQ basis from $871.2 million in Q1 2026, and down 207.67% year-over-year from $814.8 million in Q2 2025.
Analysis
ESS Tech (GWH) Retained Earnings (2020 - 2026) Analysis & Trends
ESS Tech has reported Retained Earnings for 7 years, with the latest figure at -$877.3 million in Q2 2026.
- On a quarterly basis, Retained Earnings fell 207.67% year-over-year to -$877.3 million in Q2 2026; TTM through Jun 2026 was -$877.3 million, a 207.67% decrease from a year earlier, with the FY2025 full-year figure at $854.4 million, up 5.32% from the prior year.
- Retained Earnings was -$877.3 million for Q2 2026 at ESS Tech, down from $871.2 million in the prior quarter.
- The five-year high for Retained Earnings was $871.2 million in Q1 2026, with the low at -$877.3 million in Q2 2026.
- Average Retained Earnings over 5 years is $610.9 million, with a median of $798.0 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Retained Earnings soared 3795.93% in 2022, then plunged 207.67% in 2026.
- Over 5 years, Retained Earnings stood at $755.5 million in 2022, then advanced by 5.82% to $799.5 million in 2023, then grew by 1.47% to $811.3 million in 2024, then grew by 5.32% to $854.4 million in 2025, then sank by 202.68% to -$877.3 million in 2026.
- The last three Retained Earnings figures came in at -$877.3 million (Q2 2026), $871.2 million (Q1 2026), and $854.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 2.85 Bn |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - | -3.99 Bn |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 Mn | -2.30 Bn |
| 4 | Fluence Energy | 1.34 Bn | 769.30 Mn | 33.24 Mn | 670.32 Mn |
| 5 | Energy Vault Holdings | 752.49 Mn | 645.13 Mn | 5.38 Mn | 557.32 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn | 1.33 Bn |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn | 352.16 Mn |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn | -123.52 Mn |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 Mn | 1.63 Bn |
| 10 | ESS Tech | 12.59 Mn | 12.59 Mn | -7.42 Mn | -877.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -877.29 Mn |
| Mar 31, 2026 | 871.18 Mn |
| Dec 31, 2025 | 854.44 Mn |
| Sep 30, 2025 | -821.84 Mn |
| Jun 30, 2025 | 814.76 Mn |
| Mar 31, 2025 | 812.48 Mn |
| Dec 31, 2024 | 811.26 Mn |
| Sep 30, 2024 | 808.10 Mn |
| Jun 30, 2024 | 805.43 Mn |
| Mar 31, 2024 | 802.27 Mn |
| Dec 31, 2023 | 799.51 Mn |
| Sep 30, 2023 | 796.47 Mn |
| Jun 30, 2023 | 760.69 Mn |
| Mar 31, 2023 | 757.70 Mn |
| Dec 31, 2022 | 755.54 Mn |
| Sep 30, 2022 | 751.75 Mn |
| Jun 30, 2022 | 748.75 Mn |
| Mar 31, 2022 | 745.75 Mn |
| Dec 31, 2021 | 745.75 Mn |
| Sep 30, 2021 | -30.89 Mn |