GWH
ESS Tech, Inc.
NYSE · Industrials · Electrical Equipment & Parts · US
$0.34
+0.62%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | (1.2M) | 1.6M | 6.3M | 7.5M | 894.0K |
| Cost of Revenue | 33.5M | 35.0M | 51.7M | 20.5M | — |
| Gross Profit | (34.6M) | (33.4M) | (45.4M) | (13.0M) | 894.0K |
| Operating Expenses | |||||
| R&D Expense | 9.2M | 8.3M | 11.8M | 42.6M | 72.0M |
| SG&A Expense | 18.5M | 21.4M | 32.7M | 30.3M | 34.4M |
| General & Admin Expense | 17.1M | 17.6M | 23.5M | 22.6M | 27.5M |
| Selling & Marketing Expense | 1.4M | 3.8M | 9.2M | 7.7M | 6.9M |
| Other Expenses | (7.5M) | (7.4M) | — | — | — |
| Total Operating Expenses | 20.3M | 22.3M | 44.4M | 73.0M | 106.4M |
| Cost and Expenses | 53.7M | 57.3M | 96.1M | 93.4M | 106.4M |
| Operating Income (EBIT) | (54.9M) | (55.7M) | (89.8M) | (85.9M) | (105.5M) |
| Non-Operating | |||||
| Interest Income | — | — | 3.6M | 5.3M | 2.2M |
| Interest Expense | 3.8M | 5.5M | — | — | — |
| Net Interest Income | (3.8M) | (5.5M) | 3.6M | 5.3M | 2.2M |
| Other Non-Op Income/Expense | (10.9M) | (7.7M) | 3.6M | 8.3M | 27.5M |
| Non-Operating Income (excl Interest) | 7.1M | 2.3M | (3.6M) | (8.3M) | (27.5M) |
| EBT (Pre-Tax Income) | (65.8M) | (63.4M) | (86.2M) | (77.6M) | (78.0M) |
| Income Tax Expense | — | — | — | — | — |
| Bottom Line | |||||
| Net Income | (65.8M) | (63.4M) | (86.2M) | (77.6M) | (78.0M) |
| Earnings from Cont. Ops | (65.8M) | (63.4M) | (86.2M) | (77.6M) | (78.0M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (65.8M) | (63.4M) | (86.2M) | (77.6M) | (78.0M) |
| Per Share | |||||
| Basic EPS | ($2.93) | ($4.34) | ($7.32) | ($0.48) | ($7.66) |
| Diluted EPS | ($2.93) | ($4.34) | ($7.32) | ($0.48) | ($7.66) |
| Revenue Per Share | ($0.03) | $0.11 | $0.04 | $0.05 | $0.01 |
| Shares | |||||
| Basic Shares Outstanding | 33.8M | 14.6M | 176.6M | 160.0M | 152.7M |
| Diluted Shares Outstanding | 33.8M | 14.6M | 176.6M | 160.0M | 152.7M |
| Profitability Metrics | |||||
| EBITDA | (56.3M) | (52.2M) | (81.5M) | (71.1M) | (76.4M) |
| D&A | 5.7M | 5.7M | 4.7M | 6.5M | 1.5M |
| EBIT | (62.0M) | (58.0M) | (86.2M) | (77.6M) | (78.0M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026