ESS Tech (GWHT) Market Capitalization (2021 - 2026)
ESS Tech's Market Capitalization came in at $31.24 million for Q2 2026, up 82.2% from $17.15 million a year earlier but down 4.4% from the prior quarter.
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Analysis
ESS Tech (GWHT) Market Capitalization (2021 - 2026) Analysis & Trends
For FY2025, ESS Tech's Market Capitalization was $27.45 million, down 61.1% from FY2024.
- Market Capitalization has declined in each of the last four years, with a four-year compound annual growth rate of -58.8% (FY2021 to FY2025).
- Going back by year, Market Capitalization was $70.48 million in FY2024 (-64.5%), $198.61 million in FY2023 (-46.9%), $373.8 million in FY2022 (-60.8%) and $952.5 million in FY2021.
- The five-year range for quarterly Market Capitalization is $17.15 million (Q2 2025) to $952.5 million (Q4 2021).
- Year-over-year, Market Capitalization increased in 1 of the last eight quarters, with an average decline of 45.4%.
- The fastest year-over-year change in Market Capitalization over five years came in Q1 2022 (growth of 301.7%), and the weakest in Q2 2025 (a decline of 88.1%).
- Business Quant data shows GWHT's Market Capitalization at $32.67 million (Q1 2026), $27.45 million (Q4 2025) and $23.39 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn |
| 10 | ESS Tech | 2.30 Mn | -55.62 Mn | -7.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.24 Mn |
| Mar 31, 2026 | 32.67 Mn |
| Dec 31, 2025 | 27.45 Mn |
| Sep 30, 2025 | 23.39 Mn |
| Jun 30, 2025 | 17.15 Mn |
| Mar 31, 2025 | 39.46 Mn |
| Dec 31, 2024 | 70.48 Mn |
| Sep 30, 2024 | 75.10 Mn |
| Jun 30, 2024 | 2.17 Bn |
| Mar 31, 2024 | 1.90 Bn |
| Dec 31, 2023 | 2.98 Bn |
| Sep 30, 2023 | 4.88 Bn |
| Jun 30, 2023 | 3.43 Bn |
| Mar 31, 2023 | 3.22 Bn |
| Dec 31, 2022 | 5.61 Bn |
| Sep 30, 2022 | 9.38 Bn |
| Jun 30, 2022 | 6.44 Bn |
| Mar 31, 2022 | 12.75 Bn |
| Dec 31, 2021 | 14.29 Bn |
| Sep 30, 2021 | 4.67 Bn |
API Access
ESS Tech Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=GWHT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "GWHT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=GWHT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();