ESS Tech reported revenue of $0.07M and net income of -$15.55M for the quarter ended Jun 2026, down 96.9% year over year. This income statement covers 24 quarters of results from Sep 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 2.50M | 5.55M | 10.17M | 10.19M | 10.20M | 10.26M | 10.29M | 10.37M | 11.53M | 11.61M | 11.66M | 11.79M | 11.88M | 11.99M | 12.10M | 12.90M | 15.39M | 14.60M | 27.92M | 32.89M | ||||
| Revenue & cost | ||||||||||||||||||||||||
| Revenue | 0.69M | 0.19M | 0.02M | 0.37M | 2.83M | 1.54M | 2.80M | 2.74M | 0.35M | 0.36M | 2.85M | 0.60M | 2.36M | 0.21M | -1.59M | 0.13M | 0.07M | |||||||
| Gross Profit | 0.19M | 0.02M | 0.37M | 2.83M | -8.64M | -7.52M | -8.39M | -11.40M | -12.38M | -13.19M | -8.15M | -5.10M | -4.72M | -9.70M | -7.04M | -7.42M | ||||||||
| Operating items | ||||||||||||||||||||||||
| Research & DevelopmentR&D | 7.67M | 10.73M | 12.90M | 16.16M | 20.13M | 22.79M | 17.73M | 19.45M | 8.00M | 3.84M | 3.55M | 2.84M | 2.68M | 2.71M | 2.48M | 1.42M | 1.03M | 3.37M | 2.62M | 2.20M | ||||
| Selling, General & AdministrativeSG&A | 2.32M | 19.62M | 7.79M | 6.80M | 5.98M | 6.90M | 5.29M | 5.84M | 5.83M | 5.61M | 5.53M | 6.18M | 6.09M | 5.72M | 5.57M | 3.73M | 3.70M | 4.61M | 3.86M | 4.95M | ||||
| Other Operating ExpensesOther Opex | 1.05M | 0.78M | 1.50M | 1.90M | 1.81M | 1.72M | 1.85M | 1.74M | -4.33M | 2.10M | 2.03M | 2.71M | 2.53M | 1.89M | 1.95M | 1.30M | 0.36M | 0.22M | 0.25M | 0.56M | ||||
| Operating ExpensesOpex | 11.04M | 31.13M | 22.19M | 24.86M | 27.92M | 31.41M | 24.87M | 27.03M | 9.50M | 11.55M | 11.11M | 11.72M | 11.30M | 10.31M | 10.00M | 6.46M | 5.09M | 8.19M | 6.74M | 7.71M | ||||
| Operating IncomeOp. Inc | -11.04M | -31.13M | -22.19M | -24.18M | -27.73M | -31.40M | -24.50M | -24.21M | -18.13M | -19.07M | -19.49M | -23.12M | -23.68M | -23.50M | -18.15M | -11.56M | -9.81M | -17.89M | -13.78M | -15.13M | ||||
| EBIT | -11.04M | -31.13M | -22.19M | -24.18M | -27.73M | -31.40M | -24.50M | -24.21M | -18.13M | -19.07M | -19.49M | -23.12M | -23.68M | -23.50M | -18.15M | -11.56M | -9.81M | -17.89M | -13.78M | -15.13M | ||||
| Non-operating items | ||||||||||||||||||||||||
| Non Operating Interest Expenses | 0.03M | |||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 1.33M | 1.16M | 1.24M | 1.05M | 0.81M | 0.48M | 0.22M | 0.03M | -0.46M | -5.25M | -2.50M | -0.60M | ||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -36.70M | 25.53M | 0.00M | -0.26M | -0.06M | -0.14M | 0.66M | 0.06M | 0.02M | 0.04M | -0.06M | 0.02M | 0.04M | -0.12M | 0.02M | 0.01M | -0.11M | -0.73M | 0.01M | 0.01M | ||||
| Non Operating IncomeNon Op. Inc. | -40.29M | -149.30M | 16.48M | 8.59M | -3.87M | 6.32M | 2.60M | 1.28M | 1.52M | 2.94M | 1.18M | 1.19M | 1.19M | 0.02M | 0.12M | 0.50M | -0.56M | -6.09M | -2.14M | -0.42M | ||||
| Net income details | ||||||||||||||||||||||||
| EBT | -11.04M | -31.13M | -22.22M | -24.18M | -27.73M | -31.40M | -24.50M | -22.88M | -16.98M | -19.07M | -18.25M | -22.07M | -22.88M | -23.02M | -17.93M | -11.53M | -10.27M | -23.14M | -16.28M | -15.73M | ||||
| Profit After TaxPAT | -51.33M | -180.43M | -5.71M | -15.59M | -31.60M | -25.07M | -21.90M | -22.93M | -16.62M | -16.13M | -18.31M | -21.94M | -22.49M | -23.48M | -18.03M | -11.06M | -10.38M | -23.94M | -15.92M | -15.55M | ||||
| Income from Non-Controlling InterestsInc. Minority | ||||||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -11.04M | -31.13M | -22.22M | -24.18M | -27.73M | -31.40M | -24.50M | -22.88M | -16.98M | -19.07M | -18.25M | -22.07M | -22.88M | -23.02M | -17.93M | -11.53M | -10.27M | -23.14M | -16.28M | -15.73M | ||||
| Consolidated Net IncomeConsol Net Inc. | -11.04M | -31.13M | -22.22M | -24.18M | -27.73M | -31.40M | -24.50M | -22.88M | -16.98M | -19.07M | -18.25M | -22.07M | -22.88M | -23.02M | -17.93M | -11.53M | -10.27M | -23.14M | -16.28M | -15.73M | ||||
| Income towards Parent CompanyParent Net Inc | -11.04M | -31.13M | -22.22M | -24.18M | -27.73M | -31.40M | -24.50M | -22.88M | -16.98M | -19.07M | -18.25M | -22.07M | -22.88M | -23.02M | -17.93M | -11.53M | -10.27M | -23.14M | -16.28M | -15.73M | ||||
| Net Income towards Common StockholdersNet Income | -11.04M | -31.13M | -22.22M | -24.18M | -27.73M | -31.40M | -24.50M | -22.88M | -16.98M | -19.07M | -18.25M | -22.07M | -22.88M | -23.02M | -17.93M | -11.53M | -10.27M | -23.14M | -16.28M | -15.73M | ||||
| Additional items | ||||||||||||||||||||||||
| EPS (Basic) | -6.62 | -5.61 | -2.20 | -2.37 | -2.72 | -3.08 | -2.38 | -2.22 | -1.62 | -1.79 | -1.57 | -1.88 | -1.94 | -1.96 | -1.49 | -0.94 | -0.73 | -1.58 | -0.56 | -0.47 | ||||
| EPS (Diluted) | -2.45 | -5.61 | -2.20 | -2.37 | -2.72 | -3.08 | -2.38 | -2.22 | -1.62 | -1.79 | -1.57 | -1.88 | -1.94 | -1.96 | -1.49 | -0.94 | -0.73 | -1.58 | -0.56 | -0.47 | ||||
| Shares Outstanding | 1.67M | 5.55M | 10.11M | 10.18M | 10.19M | 10.18M | 10.28M | 10.33M | 10.47M | 10.66M | 11.63M | 11.72M | 11.81M | 11.77M | 12.03M | 12.27M | 14.15M | 14.60M | 29.29M | 33.82M | ||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 4.51M | 5.55M | 10.11M | 10.18M | 10.19M | 10.18M | 10.28M | 10.33M | 10.47M | 10.66M | 11.63M | 11.72M | 11.81M | 11.77M | 12.03M | 12.27M | 14.15M | 14.60M | 29.29M | 33.82M | ||||
| EBITDA | -11.04M | -31.13M | -22.19M | -24.18M | -27.73M | -31.40M | -24.50M | -24.21M | -18.13M | -19.07M | -19.49M | -23.12M | -23.68M | -23.50M | -18.15M | -11.56M | -9.81M | -17.89M | -13.78M | -15.13M | ||||
| Interest ExpensesInt Expense | 0.03M |