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% % -76%
Quick Ratio 22% % 22%
Debt-to-equity 373% % 599%
Return On Equity -592% % -481%
Return On Assets -125% % -88%
Operating Margin -1047% % 23%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 19,617,070 shares 65%
Common Stock, Shares, Outstanding 15,390,884 shares 30%
Entity Public Float $84,700,000 USD -24%
Common Stock, Value, Issued $2,000 USD 100%
Weighted Average Number of Shares Outstanding, Basic 14,154,333 shares 20%
Weighted Average Number of Shares Outstanding, Diluted 14,154,333 shares 20%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $6,021,000 USD -3.5%
Cost of Revenue $37,182,000 USD -19%
Research and Development Expense $7,635,000 USD -41%
Selling and Marketing Expense $5,501,000 USD -41%
General and Administrative Expense $18,714,000 USD -20%
Operating Income (Loss) $63,011,000 USD 26%
Nonoperating Income (Expense) $75,000 USD -99%
Income Tax Expense (Benefit) $0 USD
Net Income (Loss) Attributable to Parent $62,936,000 USD 20%
Earnings Per Share, Basic -5 USD/shares 52%
Earnings Per Share, Diluted -5 USD/shares 52%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $3,539,000 USD -72%
Cash, Cash Equivalents, and Short-term Investments $12,800,000 USD
Accounts Receivable, after Allowance for Credit Loss, Current $108,000 USD -74%
Inventory, Net $4,653,000 USD -34%
Assets, Current $11,557,000 USD -83%
Property, Plant and Equipment, Net $18,484,000 USD -6.9%
Operating Lease, Right-of-Use Asset $391,000 USD -79%
Intangible Assets, Net (Excluding Goodwill) $4,456,000 USD -5.7%
Other Assets, Noncurrent $639,000 USD -16%
Assets $36,145,000 USD -63%
Accounts Payable, Current $9,467,000 USD -13%
Employee-related Liabilities, Current $1,398,000 USD -70%
Contract with Customer, Liability, Current $1,330,000 USD -78%
Liabilities, Current $23,803,000 USD -26%
Contract with Customer, Liability, Noncurrent $5,300,000 USD -63%
Operating Lease, Liability, Noncurrent $0 USD -100%
Other Liabilities, Noncurrent $62,000 USD -43%
Liabilities $37,912,000 USD -20%
Retained Earnings (Accumulated Deficit) $821,836,000 USD -8.3%
Stockholders' Equity Attributable to Parent $1,767,000 USD -104%
Liabilities and Equity $36,145,000 USD -63%

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 15,390,884 shares 30%
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%
Deferred Tax Assets, Valuation Allowance $93,009,000 USD 23%
Deferred Tax Assets, Gross $93,414,000 USD 23%
Operating Lease, Liability $1,692,000 USD -33%
Depreciation $5,800,000 USD -7.9%
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%
Lessee, Operating Lease, Liability, to be Paid $1,785,000 USD -34%
Property, Plant and Equipment, Gross $36,373,000 USD 13%
Operating Lease, Liability, Current $439,000 USD -73%
Lessee, Operating Lease, Liability, to be Paid, Year One $1,785,000 USD 3.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 27%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $93,000 USD -44%
Deferred Tax Assets, Operating Loss Carryforwards $62,906,000 USD 35%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 200,000,000 shares 0%
Unrecognized Tax Benefits $1,786,000 USD 23%
Operating Lease, Payments $438,000 USD -2.4%
Additional Paid in Capital $820,067,000 USD 1.5%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $100,000 USD -66%
Depreciation, Depletion and Amortization $1,540,000 USD 26%
Deferred Tax Assets, Net of Valuation Allowance $405,000 USD -33%
Share-based Payment Arrangement, Expense $6,982,000 USD -39%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%