ESS Tech (GWH) Shares Outstanding (Diluted Average) (2020 - 2026)

ESS Tech's quarterly Shares Outstanding (Diluted Average) came in at $29.3 million in Q1 2026, up 143.44% year-on-year from $12.0 million in Q1 2025, and up 100.62% quarter-over-quarter from $14.6 million in Q4 2025.

ESS Tech has reported Shares Outstanding (Diluted Average) for 7 years, with the latest figure at $29.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 143.44% year-over-year to $29.3 million; the trailing twelve-month figure through Mar 2026 stood at $29.3 million (up 143.44% YoY), and the FY2025 full-year result was $14.6 million, up 24.02% from the prior year.
  • Shares Outstanding (Diluted Average) for Q1 2026 stood at $29.3 million, up from $14.6 million in the prior quarter.
  • The five-year high for Shares Outstanding (Diluted Average) was $154.5 million in Q2 2023, with the low at $10.4 million in Q3 2023.
  • Average Shares Outstanding (Diluted Average) over 5 years is $62.7 million, with a median of $12.8 million recorded in 2025.
  • Year-over-year, Shares Outstanding (Diluted Average) jumped 145.87% in 2022 and sank 93.2% in 2023.
  • Tracing GWH's Shares Outstanding (Diluted Average) over 5 years: stood at $152.7 million in 2022, then plunged by 93.02% to $10.7 million in 2023, then increased by 10.41% to $11.8 million in 2024, then climbed by 24.02% to $14.6 million in 2025, then surged by 100.62% to $29.3 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $29.3 million (Q1 2026), $14.6 million (Q4 2025), and $12.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 392.13 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 319.71 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 164.00 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 -
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 36.58 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 31.45 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 38.14 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 1.39 Bn
10 ESS Tech 28.05 Mn 28.05 Mn -7.04 Mn 29.29 Mn

Historic Data

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DateValue
Mar 31, 2026 29.29 Mn
Dec 31, 2025 14.60 Mn
Sep 30, 2025 12.82 Mn
Jun 30, 2025 12.15 Mn
Mar 31, 2025 12.03 Mn
Dec 31, 2024 11.77 Mn
Sep 30, 2024 11.81 Mn
Jun 30, 2024 11.72 Mn
Mar 31, 2024 11.63 Mn
Dec 31, 2023 10.66 Mn
Sep 30, 2023 10.36 Mn
Jun 30, 2023 154.51 Mn
Mar 31, 2023 154.12 Mn
Dec 31, 2022 152.68 Mn
Sep 30, 2022 152.43 Mn
Jun 30, 2022 152.21 Mn
Mar 31, 2022 151.68 Mn
Dec 31, 2021 83.26 Mn
Sep 30, 2021 67.67 Mn
Jun 30, 2021 64.43 Mn
Mar 31, 2021 61.69 Mn
Dec 31, 2020 58.88 Mn