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| Date | Value |
|---|---|
| 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 |