ESS Tech, Inc. financial data

Symbol
GWH, GWH-WT on NYSE
Location
Wilsonville, OR
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 05 Mar 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 76% % -73%
Quick Ratio 17% % -11%
Debt-to-equity 712% % 894%
Return On Equity -1141% % -678%
Return On Assets -141% % -64%
Operating Margin -3626% % -154%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 27,173,757 shares 125%
Common Stock, Shares, Outstanding 22,377,003 shares 87%
Entity Public Float $13,600,000 USD -84%
Common Stock, Value, Issued $2,000 USD 100%
Weighted Average Number of Shares Outstanding, Basic 14,601,626 shares 24%
Weighted Average Number of Shares Outstanding, Diluted 14,601,626 shares 24%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $1,583,000 USD -75%
Cost of Revenue $29,255,000 USD -43%
Research and Development Expense $8,297,000 USD -30%
Selling and Marketing Expense $3,834,000 USD -58%
General and Administrative Expense $17,604,000 USD -25%
Operating Income (Loss) $57,407,000 USD 36%
Nonoperating Income (Expense) $6,033,000 USD -269%
Income Tax Expense (Benefit) $0 USD
Net Income (Loss) Attributable to Parent $63,440,000 USD 26%
Earnings Per Share, Basic -4.34 USD/shares 41%
Earnings Per Share, Diluted -4.34 USD/shares 41%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $14,477,000 USD 8.5%
Cash, Cash Equivalents, and Short-term Investments $22,000,000 USD -30%
Accounts Receivable, after Allowance for Credit Loss, Current $13,000 USD -94%
Inventory, Net $140,000 USD -98%
Assets, Current $26,247,000 USD -39%
Property, Plant and Equipment, Net $17,224,000 USD -16%
Operating Lease, Right-of-Use Asset $3,767,000 USD 151%
Intangible Assets, Net (Excluding Goodwill) $2,682,000 USD -42%
Other Assets, Noncurrent $634,000 USD -17%
Assets $51,172,000 USD -29%
Accounts Payable, Current $3,023,000 USD -63%
Employee-related Liabilities, Current $1,604,000 USD -63%
Contract with Customer, Liability, Current $359,000 USD -93%
Liabilities, Current $25,292,000 USD -8.4%
Contract with Customer, Liability, Noncurrent $5,297,000 USD -63%
Operating Lease, Liability, Noncurrent $2,060,000 USD
Other Liabilities, Noncurrent $41,000 USD -67%
Liabilities $42,554,000 USD -0.87%
Retained Earnings (Accumulated Deficit) $845,819,000 USD -8.1%
Stockholders' Equity Attributable to Parent $8,618,000 USD -70%
Liabilities and Equity $51,172,000 USD -29%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $18,238,000 USD 3.6%
Net Cash Provided by (Used in) Financing Activities $13,000 USD 84%
Net Cash Provided by (Used in) Investing Activities $13,252,000 USD -62%
Common Stock, Shares Authorized 1,000,000,000 shares 0%
Common Stock, Shares, Issued 22,377,003 shares 87%
Common Stock, Par or Stated Value Per Share 0.0001 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 $15,901,000 USD 4.6%
Deferred Tax Assets, Valuation Allowance $110,790,000 USD 19%
Deferred Tax Assets, Gross $111,773,000 USD 20%
Operating Lease, Liability $3,844,000 USD 127%
Depreciation $5,400,000 USD 20%
Payments to Acquire Property, Plant, and Equipment $762,000 USD -20%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $63,440,000 USD 26%
Lessee, Operating Lease, Liability, to be Paid $4,309,000 USD 141%
Property, Plant and Equipment, Gross $36,222,000 USD 6.2%
Operating Lease, Liability, Current $1,784,000 USD 5.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two $2,186,000 USD
Lessee, Operating Lease, Liability, to be Paid, Year One $2,123,000 USD 19%
Operating Lease, Weighted Average Discount Rate, Percent 0.111 pure 12%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $465,000 USD 400%
Deferred Tax Assets, Operating Loss Carryforwards $89,169,000 USD 42%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 200,000,000 shares 0%
Unrecognized Tax Benefits $2,079,000 USD 16%
Operating Lease, Payments $438,000 USD -2.4%
Additional Paid in Capital $854,435,000 USD 5.3%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $300,000 USD 0%
Depreciation, Depletion and Amortization $1,540,000 USD 26%
Deferred Tax Assets, Net of Valuation Allowance $983,000 USD 156%
Share-based Payment Arrangement, Expense $5,434,000 USD -53%
Preferred Stock, Par or Stated Value Per Share 0.0001 USD/shares 0%