ESS Tech, Inc. financial data

Symbol
GWH, GWH-WT on NYSE
Location
26440 Sw Parkway Ave., Bldg. 83, Wilsonville, OR
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2025 - Aug 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 139 % -73%
Quick Ratio 22.9 % +46.1%
Debt-to-equity 180 % +324%
Return On Equity -321 % -314%
Return On Assets -115 % -111%
Operating Margin -1.25K % -16%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 14.2M shares -92%
Common Stock, Shares, Outstanding 12.9M shares -92.7%
Entity Public Float 84.7M USD -24.3%
Common Stock, Value, Issued 1K USD -94.4%
Weighted Average Number of Shares Outstanding, Basic 12.3M shares +4.73%
Weighted Average Number of Shares Outstanding, Diluted 12.3M shares +4.73%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 6.17M USD -17%
Cost of Revenue 45M USD +3.72%
Research and Development Expense 9.29M USD -21.5%
Selling and Marketing Expense 7.67M USD -13.8%
General and Administrative Expense 21.1M USD -8.83%
Operating Income (Loss) -76.9M USD +3.68%
Nonoperating Income (Expense) 1.83M USD -73.2%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -75.1M USD -2.82%
Earnings Per Share, Basic -6 USD/shares +39.7%
Earnings Per Share, Diluted -6 USD/shares +39.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 797K USD -97.8%
Cash, Cash Equivalents, and Short-term Investments 12.8M USD
Accounts Receivable, after Allowance for Credit Loss, Current 148K USD -84.9%
Inventory, Net 4.67M USD +5.58%
Assets, Current 11.2M USD -86.8%
Property, Plant and Equipment, Net 21.9M USD +23.3%
Operating Lease, Right-of-Use Asset 772K USD -64.8%
Intangible Assets, Net (Excluding Goodwill) 4.52M USD -5.57%
Other Assets, Noncurrent 646K USD -17.7%
Assets 39.6M USD -64.4%
Accounts Payable, Current 10.6M USD +82.2%
Employee-related Liabilities, Current 1.73M USD -53.5%
Contract with Customer, Liability, Current 1.38M USD -75.7%
Liabilities, Current 24M USD -7.87%
Contract with Customer, Liability, Noncurrent 11.8M USD -18.1%
Operating Lease, Liability, Noncurrent 0 USD -100%
Other Liabilities, Noncurrent 83K USD
Liabilities 36.3M USD -13.7%
Retained Earnings (Accumulated Deficit) -811M USD -10.2%
Stockholders' Equity Attributable to Parent 3.3M USD -95.2%
Liabilities and Equity 39.6M USD -64.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -18.2M USD +3.55%
Net Cash Provided by (Used in) Financing Activities -13K USD +84%
Net Cash Provided by (Used in) Investing Activities 13.3M USD -61.8%
Common Stock, Shares Authorized 1B shares -50%
Common Stock, Shares, Issued 12.9M shares -92.7%
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 -5M USD -132%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.32M USD -94%
Deferred Tax Assets, Valuation Allowance 93M USD +23%
Deferred Tax Assets, Gross 93.4M USD +22.6%
Operating Lease, Liability 1.69M USD -33.3%
Depreciation 5.1M USD -23.9%
Payments to Acquire Property, Plant, and Equipment 762K USD -20%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -75.1M USD -2.82%
Lessee, Operating Lease, Liability, to be Paid 1.79M USD -34%
Property, Plant and Equipment, Gross 38.4M USD +30.4%
Operating Lease, Liability, Current 872K USD -44.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 983K USD -42.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.79M USD +3.78%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure +26.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 93K USD -43.6%
Deferred Tax Assets, Operating Loss Carryforwards 62.9M USD +34.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 200M shares 0%
Unrecognized Tax Benefits 1.79M USD +22.6%
Operating Lease, Payments 438K USD -2.45%
Additional Paid in Capital 815M USD +1.16%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 233K USD -50%
Depreciation, Depletion and Amortization 1.54M USD +26.3%
Deferred Tax Assets, Net of Valuation Allowance 405K USD -33.2%
Share-based Payment Arrangement, Expense 8.6M USD -26.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%