ESS Tech, Inc. financial data

Symbol
GWH, GWH-WT on NYSE
Location
Wilsonville, OR
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 13 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 92% % -75.7%
Quick Ratio 22.4% % 21.6%
Debt-to-equity 373% % 599%
Return On Equity -592% % -481%
Return On Assets -125% % -88.3%
Operating Margin -1047% % 23.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 19,617,070 shares 65.1%
Common Stock, Shares, Outstanding 15,390,884 shares 29.5%
Entity Public Float $84,700,000 USD -24.3%
Common Stock, Value, Issued $2,000 USD 100%
Weighted Average Number of Shares Outstanding, Basic 14,154,333 shares 19.8%
Weighted Average Number of Shares Outstanding, Diluted 14,154,333 shares 19.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $6,021,000 USD -3.52%
Cost of Revenue $37,182,000 USD -19%
Research and Development Expense $7,635,000 USD -40.8%
Selling and Marketing Expense $5,501,000 USD -41.3%
General and Administrative Expense $18,714,000 USD -20%
Operating Income (Loss) $-63,011,000 USD 26.2%
Nonoperating Income (Expense) $75,000 USD -98.8%
Income Tax Expense (Benefit) $0 USD
Net Income (Loss) Attributable to Parent $-62,936,000 USD 20.2%
Earnings Per Share, Basic -5 USD/shares 52.4%
Earnings Per Share, Diluted -5 USD/shares 52.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $3,539,000 USD -72.4%
Cash, Cash Equivalents, and Short-term Investments $12,800,000 USD
Accounts Receivable, after Allowance for Credit Loss, Current $108,000 USD -73.8%
Inventory, Net $4,653,000 USD -33.9%
Assets, Current $11,557,000 USD -83.1%
Property, Plant and Equipment, Net $18,484,000 USD -6.91%
Operating Lease, Right-of-Use Asset $391,000 USD -78.9%
Intangible Assets, Net (Excluding Goodwill) $4,456,000 USD -5.65%
Other Assets, Noncurrent $639,000 USD -16.3%
Assets $36,145,000 USD -62.6%
Accounts Payable, Current $9,467,000 USD -13.4%
Employee-related Liabilities, Current $1,398,000 USD -70.2%
Contract with Customer, Liability, Current $1,330,000 USD -78%
Liabilities, Current $23,803,000 USD -25.8%
Contract with Customer, Liability, Noncurrent $5,300,000 USD -63.2%
Operating Lease, Liability, Noncurrent $0 USD -100%
Other Liabilities, Noncurrent $62,000 USD -43.1%
Liabilities $37,912,000 USD -20.2%
Retained Earnings (Accumulated Deficit) $-821,836,000 USD -8.29%
Stockholders' Equity Attributable to Parent $-1,767,000 USD -104%
Liabilities and Equity $36,145,000 USD -62.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $-18,238,000 USD 3.55%
Net Cash Provided by (Used in) Financing Activities $-13,000 USD 84%
Net Cash Provided by (Used in) Investing Activities $13,252,000 USD -61.8%
Common Stock, Shares Authorized 1,000,000,000 shares 0%
Common Stock, Shares, Issued 15,390,884 shares 29.5%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $-4,999,000 USD -132%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $4,963,000 USD -66.2%
Deferred Tax Assets, Valuation Allowance $93,009,000 USD 23%
Deferred Tax Assets, Gross $93,414,000 USD 22.6%
Operating Lease, Liability $1,692,000 USD -33.3%
Depreciation $5,800,000 USD -7.94%
Payments to Acquire Property, Plant, and Equipment $762,000 USD -20%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $-62,936,000 USD 20.2%
Lessee, Operating Lease, Liability, to be Paid $1,785,000 USD -34%
Property, Plant and Equipment, Gross $36,373,000 USD 12.8%
Operating Lease, Liability, Current $439,000 USD -73.1%
Lessee, Operating Lease, Liability, to be Paid, Year One $1,785,000 USD 3.78%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 26.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $93,000 USD -43.6%
Deferred Tax Assets, Operating Loss Carryforwards $62,906,000 USD 34.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 200,000,000 shares 0%
Unrecognized Tax Benefits $1,786,000 USD 22.6%
Operating Lease, Payments $438,000 USD -2.45%
Additional Paid in Capital $820,067,000 USD 1.48%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $100,000 USD -66.5%
Depreciation, Depletion and Amortization $1,540,000 USD 26.3%
Deferred Tax Assets, Net of Valuation Allowance $405,000 USD -33.2%
Share-based Payment Arrangement, Expense $6,982,000 USD -39.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%