ESS Tech (GWH) Retained Earnings (2020 - 2026)

ESS Tech's (GWH) quarterly Retained Earnings came in at $871.2 million in Q1 2026, up 208.84% year-on-year from $282.1 million in Q1 2025, and up 1.96% quarter-over-quarter from $854.4 million in Q4 2025.

ESS Tech (GWH) Retained Earnings (2020 - 2026) Analysis & Trends

ESS Tech's Retained Earnings history runs 7 years deep, the most recent figure standing at $871.2 million for Q1 2026.

  • On a quarterly basis, Retained Earnings rose 208.84% year-over-year to $871.2 million in Q1 2026; TTM through Mar 2026 was $871.2 million, a 208.84% increase from a year earlier, with the FY2025 full-year figure at $854.4 million, up 5.32% from the prior year.
  • Retained Earnings advanced to $871.2 million in Q1 2026 per GWH's latest filing, from $854.4 million in the prior quarter.
  • Across five years, Retained Earnings topped out at $871.2 million in Q1 2026 and bottomed at -$821.8 million in Q3 2025.
  • The 5-year median for Retained Earnings is $757.7 million (2023), against an average of $190.1 million.
  • Biggest YoY gain for Retained Earnings was 2877.01% in 2022; the steepest drop was 2607.54% in 2022.
  • Year by year, Retained Earnings stood at -$618.6 million in 2022, then soared by 229.25% to $799.5 million in 2023, then climbed by 1.47% to $811.3 million in 2024, then climbed by 5.32% to $854.4 million in 2025, then rose by 1.96% to $871.2 million in 2026.
  • Per Business Quant, the three latest GWH Retained Earnings figures stand at $871.2 million (Q1 2026), $854.4 million (Q4 2025), and -$821.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 6.06 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 1.39 Bn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 4.84 Bn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn -
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn -28.00 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 1.18 Bn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 4.63 Bn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 710.53 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 2.74 Bn
10 ESS Tech 22.34 Mn 22.34 Mn -7.04 Mn 871.18 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 871.18 Mn
Dec 31, 2025 854.44 Mn
Sep 30, 2025 -821.80 Mn
Jun 30, 2025 814.76 Mn
Mar 31, 2025 -800.41 Mn
Dec 31, 2024 811.26 Mn
Sep 30, 2024 808.10 Mn
Jun 30, 2024 -736.41 Mn
Mar 31, 2024 802.27 Mn
Dec 31, 2023 799.51 Mn
Sep 30, 2023 -680.03 Mn
Jun 30, 2023 760.69 Mn
Mar 31, 2023 757.70 Mn
Dec 31, 2022 -618.58 Mn
Sep 30, 2022 -593.50 Mn
Jun 30, 2022 748.75 Mn
Mar 31, 2022 -546.32 Mn
Dec 31, 2021 745.75 Mn
Sep 30, 2021 -30.89 Mn
Jun 30, 2021 -26.96 Mn