ESS Tech, Inc. (GWH)

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CIK 0001819438 · NYSE · Miscellaneous Electrical Machinery, Equipment & Supplies

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends Dec 31

In fiscal 2025, ESS Tech, Inc. reported revenue of $1.58M, down 74.9% from the prior year. The company ran a net loss, with a net margin of -4007.6% and a gross margin of -1748.1%. It held $51.17M in total assets against $42.55M in total liabilities.

Key ratios (FY2025)

-1748.1%
Gross margin
-3626.5%
Operating margin
-4007.6%
Net margin
-736.1%
Return on equity
-74.9%
Revenue growth (YoY)
Metric (FY)2025202420232022202120202019
Revenue$1.58M$6.29M$7.54M$894.0K$0$0
Cost of Revenue$29.25M$51.65M$20.50M$0
Gross Profit-$27.67M-$45.36M-$12.96M$894.0K
Operating Income-$57.41M-$89.80M-$85.91M-$105.49M-$60.60M-$17.39M
Net Income-$63.44M-$86.22M-$77.58M-$77.97M-$477.12M-$30.42M
EPS (Diluted)$-4.34$-7.32$-7.27$-0.51$-5.73$-0.52
Total Assets$51.17M$71.81M$143.23M$173.55M$250.20M$9.02M
Total Liabilities$42.55M$42.93M$39.88M$36.58M$45.04M$36.91M
Shareholders' Equity$8.62M$28.88M$103.36M$136.97M$205.16M-$27.89M$2.21M
Cash & Equivalents$14.48M$13.34M$20.16M$34.77M$238.94M$4.90M
Operating Cash Flow-$50.28M-$72.22M-$54.90M-$81.62M-$51.85M-$16.64M
Capital Expenditures$3.39M$7.29M$5.79M$14.18M$2.77M$502.0K
Shares Outstanding22.38M11.99M11.61M153.82M151.84M58.92M