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 -1.05K % +23.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 19.6M shares +65.1%
Common Stock, Shares, Outstanding 15.4M shares +29.5%
Entity Public Float 84.7M USD -24.3%
Common Stock, Value, Issued 2K USD +100%
Weighted Average Number of Shares Outstanding, Basic 14.2M shares +19.8%
Weighted Average Number of Shares Outstanding, Diluted 14.2M shares +19.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 6.02M USD -3.53%
Cost of Revenue 37.2M USD -19%
Research and Development Expense 7.64M USD -40.8%
Selling and Marketing Expense 5.5M USD -41.3%
General and Administrative Expense 18.7M USD -20%
Operating Income (Loss) -63M USD +26.2%
Nonoperating Income (Expense) 75K USD -98.8%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -62.9M 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 3.54M USD -72.4%
Cash, Cash Equivalents, and Short-term Investments 12.8M USD
Accounts Receivable, after Allowance for Credit Loss, Current 108K USD -73.9%
Inventory, Net 4.65M USD -33.9%
Assets, Current 11.6M USD -83.1%
Property, Plant and Equipment, Net 18.5M USD -6.91%
Operating Lease, Right-of-Use Asset 391K USD -78.9%
Intangible Assets, Net (Excluding Goodwill) 4.46M USD -5.65%
Other Assets, Noncurrent 639K USD -16.3%
Assets 36.1M USD -62.6%
Accounts Payable, Current 9.47M USD -13.4%
Employee-related Liabilities, Current 1.4M USD -70.2%
Contract with Customer, Liability, Current 1.33M USD -78%
Liabilities, Current 23.8M USD -25.8%
Contract with Customer, Liability, Noncurrent 5.3M USD -63.2%
Operating Lease, Liability, Noncurrent 0 USD -100%
Other Liabilities, Noncurrent 62K USD -43.1%
Liabilities 37.9M USD -20.2%
Retained Earnings (Accumulated Deficit) -822M USD -8.29%
Stockholders' Equity Attributable to Parent -1.77M USD -104%
Liabilities and Equity 36.1M USD -62.6%

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 0%
Common Stock, Shares, Issued 15.4M 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 -5M USD -132%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 4.96M USD -66.2%
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 5.8M USD -7.94%
Payments to Acquire Property, Plant, and Equipment 762K USD -20%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -62.9M USD +20.2%
Lessee, Operating Lease, Liability, to be Paid 1.79M USD -34%
Property, Plant and Equipment, Gross 36.4M USD +12.8%
Operating Lease, Liability, Current 439K USD -73.1%
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 820M USD +1.48%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 100K USD -66.5%
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 6.98M USD -39.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%