ESS Tech, Inc.

ESS Tech, Inc.

GWH
ESS Tech, Inc.US flagNew York Stock Exchange
0.78
USD
+0.04
- -
9.80MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
0.09
0.71
0.53
0.11
0.06
Basic EPS, GAAP
-3.38
-85.96
-7.66
-7.27
-7.32
-4.34
-3.24
Free Cash Flow per Basic Share
-1.9
-9.84
-9.41
-5.69
-6.75
-3.68
-2.59
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-7.05
-97.4
-60.77
-65.28
-66.45
-57.93
-45.56
Tangible Book Value per Share
-3.1
36.96
13.46
9.23
2.06
0.41
0.36
Basic Weighted Avg Shares
9
6
10
11
12
15
19
Sales/Revenue/Turnover
- -
- -
1
8
6
2
1
Operating Margin (%)
- -
- -
-11,800
-1,139.32
-1,426.5
-3,626.47
-4,769.87
Depreciation Expense
- -
1
2
7
5
6
7
Net Income, GAAP
-30
-477
-78
-78
-86
-63
-61
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
-8,721.36
-1,028.89
-1,369.69
-4,007.58
-5,515.83
Working Capital
-2
232
124
98
16
1
2
LT Debt
- -
2
3
1
- -
2
2
Total Equity
-28
205
137
103
29
9
9
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3
10
11
LT Borrowings
- -
- -
- -
LT Finance Leases
8
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
22
28
Market Capitalization
19
27
22

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
12
26
25
Cash, Cash Equivalents & STI
4
22
21
Accounts Receivable, Net
- -
- -
- -
Inventories
5
- -
- -
Total Current Liabilities
24
25
23
Payables & Accruals
18
13
11
ST Debt
3
10
11
Deferred Revenue
1
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-207.13%
-70.16%
Free Cash Flow
- -
51.16%
-32.5%
Net Income, GAAP
- -
273.81%
-26.42%
Sales/Revenue/Turnover
- -
- -
-74.85%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3
- -
- -
3
6
2025
1
2
- -
-2
2
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.57
-1.87
-1.9
-1.97
-7.32
2025
-1.5
-0.9
-0.73
-1.2
-4.34
2026
-0.54
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Drew Buckley
Full Time Employees
240
Sector
Industrials
Industry
Electrical Equipment & Parts
Address
Building 83 Wilsonville OR United States of America 97070
IPO Date
Jan 4, 2021
Website
essinc.com
Business
ESS Tech, Inc. specializes in the design and manufacturing of long-duration iron flow battery systems, providing scalable energy storage solutions for various applications worldwide. The company’s portfolio includes the Energy Warehouse for commercial and industrial behind-the-meter needs, the Energy Center for flexible, utility-scale deployments, and the recently launched Energy Base, engineered for gigawatt-hour scale projects, increasingly targeting data centers and grid stabilization. Utilizing abundant and safe materials like iron, salt, and water, their proprietary technology offers non-flammable, sustainable energy storage with an expected lifespan of 25 years, unlimited cycling, and no capacity degradation. Founded in 2011 and based in Wilsonville, Oregon, ESS Tech is positioned to support global decarbonization efforts and enhance grid resilience with its U.S.-manufactured battery technology. Recent developments include a significant 10-year pilot agreement with Salt River Project for a 50 MWh Energy Base system in Arizona and the closing of a $40 million financing transaction.

Company News

APIChatGPT
  • ESS to Accelerate Sodium-Ion Battery Energy Storage System Development Following Surging Customer Interest

  • ESS Tech, Inc. (GWH) Discusses Iron Flow Battery Technology and Alternatives to Lithium Ion in Energy Storage Transcript

  • ESS to Attend Sidoti Micro-Cap Virtual Conference on May 20, 2026

  • ESS Tech, Inc. (GWH) Q1 2026 Earnings Call Transcript

  • ESS Tech, Inc. (GWH) Reports Q1 Loss, Lags Revenue Estimates

  • ESS Tech, Inc. Announces First Quarter 2026 Financial Results

  • ESS Highlights Third-Party Utility Validating Iron Flow Battery Technology

  • ESS Announces Successful Commissioning of Long-Duration Iron Flow Battery Systems at Turlock Irrigation District Solar-Over-Canal Project

  • ESS Partners with Alsym Energy to Deliver 8.5 GWh of Non-Lithium Battery Energy Storage Solutions

  • ESS to Host First Quarter 2026 Financial Results Conference Call on Thursday, May 7, 2026 at 5:00 p.m. Eastern Time

  • ESS Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program

  • ESS Tech (GWH) to Release Earnings on Monday

  • ESS to Attend the 38th Annual ROTH Conference

  • ESS Tech Q4 Earnings Call Highlights

  • ESS Tech, Inc. (GWH) Q4 2025 Earnings Call Transcript

  • ESS Announces Fourth Quarter and Full Year 2025 Financial Results

  • ESS Announces Agreement to Join Salt River Project and Google Long Duration Energy Storage Collaboration

  • Brokerages Set ESS Tech, Inc. (NYSE:GWH) PT at $2.83

  • ESS Appoints Randall Selesky as Chief Commercial Officer to Accelerate Global Growth

  • ESS Acquires VoltStorage GmbH Intellectual Property and Assets to Advance Flexible Long-Duration Energy Storage