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

ESS Tech's quarterly Retained Earnings came in at -$861.7 million in Q1 2026, down 7.66% year-on-year from -$933.3 million in Q1 2025, and down 1.88% quarter-over-quarter from -$845.8 million in Q4 2025.

ESS Tech has reported Retained Earnings for 7 years, with the latest figure at -$861.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Retained Earnings fell 7.66% year-over-year to -$861.7 million; the trailing twelve-month figure through Mar 2026 stood at -$861.7 million (down 7.66% YoY), and the FY2025 full-year result was -$845.8 million, down 8.11% from the prior year.
  • Retained Earnings for Q1 2026 stood at -$861.7 million, down from -$845.8 million in the prior quarter.
  • The five-year high for Retained Earnings was -$546.3 million in Q1 2022, with the low at -$861.7 million in Q1 2026.
  • Average Retained Earnings over 5 years is -$713.8 million, with a median of -$714.5 million recorded in 2024.
  • Year-over-year, Retained Earnings tumbled 2607.54% in 2022 and slipped 7.66% in 2026.
  • Tracing GWH's Retained Earnings over 5 years: stood at -$618.6 million in 2022, then retreated by 12.54% to -$696.2 million in 2023, then slipped by 12.39% to -$782.4 million in 2024, then declined by 8.11% to -$845.8 million in 2025, then decreased by 1.88% to -$861.7 million in 2026.
  • The last three Retained Earnings figures came in at -$861.7 million (Q1 2026), -$845.8 million (Q4 2025), and -$821.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn -76.20 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn -3.92 Bn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn -28.00 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn -
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 1.18 Bn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn -28.13 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 4.49 Bn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 2.74 Bn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 3.44 Mn
10 ESS Tech 28.05 Mn 28.05 Mn -7.04 Mn -861.74 Mn

Historic Data

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DateValue
Mar 31, 2026 -861.74 Mn
Dec 31, 2025 -845.82 Mn
Sep 30, 2025 -821.84 Mn
Jun 30, 2025 -811.46 Mn
Mar 31, 2025 -800.41 Mn
Dec 31, 2024 -782.38 Mn
Sep 30, 2024 -758.90 Mn
Jun 30, 2024 -736.41 Mn
Mar 31, 2024 -714.47 Mn
Dec 31, 2023 -696.16 Mn
Sep 30, 2023 -680.03 Mn
Jun 30, 2023 -663.41 Mn
Mar 31, 2023 -640.48 Mn
Dec 31, 2022 -618.58 Mn
Sep 30, 2022 -593.50 Mn
Jun 30, 2022 -561.91 Mn
Mar 31, 2022 -546.32 Mn
Dec 31, 2021 -540.61 Mn
Sep 30, 2021 -30.89 Mn
Jun 30, 2021 -26.96 Mn
Mar 31, 2021 -20.18 Mn
Dec 31, 2020 -63.49 Mn
Sep 30, 2020 -26.90 Mn