ESS Tech, Inc.
GWHNYSEIndustrials● Active
$0.85
$-0.05(-5.95%)
Market Cap$10739549
P/E Ratio—
52W High$13.87
52W Low$0.565
ESS Tech, Inc. (GWH) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · GWH · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $1.58M | $6.29M | $7.54M | $0.89M | $0.00M |
| Cost of Revenue | $34.99M | $51.65M | $20.50M | $0.00M | $0.00M |
| Gross Profit | ($33.41M) | ($45.36M) | ($12.96M) | $0.89M | $0.00M |
| Gross Margin %(computed) | — | -720.54% | -171.82% | 100.00% | — |
| Operating Expenses | |||||
| R&D Expenses | $8.30M | $11.77M | $42.63M | $71.98M | $30.27M |
| G&A Expenses | $17.60M | $23.51M | $22.57M | $27.47M | $27.29M |
| Total Operating Expenses | $22.29M | $44.44M | $72.95M | $106.39M | $60.60M |
| Operating Income | ($55.70M) | ($89.80M) | ($85.91M) | ($105.49M) | ($60.60M) |
| Operating Margin %(computed) | — | — | — | — | — |
| Interest Income | $0.00M | $3.57M | $5.26M | $2.19M | $1.89M |
| Interest Expense | $5.46M | $0.00M | $0.00M | $0.00M | $1.89M |
| Income Before Tax | ($63.44M) | ($86.22M) | ($77.58M) | ($77.97M) | ($477.12M) |
| Income Tax Expense | $0.00M | $0.00M | $0.00M | $0.00M | $0.00M |
| Net Income | ($63.44M) | ($86.22M) | ($77.58M) | ($77.97M) | ($477.12M) |
| Net Margin %(computed) | — | — | — | — | — |
| Per Share & EBITDA | |||||
| EPS (Basic) | $-4.34 | $-7.32 | $-0.48 | $-7.66 | $-58.53 |
| Wtd Avg Shares | 14.60M | 176.60M | 159.96M | 152.68M | 83.26M |
| EBITDA | ($49.96M) | ($85.07M) | ($79.39M) | ($103.97M) | ($474.66M) |
| EBITDA Margin %(computed) | — | — | — | — | — |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · M
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About ESS Tech, Inc. (GWH) Income Statement
ESS Tech, Inc. (GWH) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, GWH reported revenue of $0.00B, gross profit of ($0.03B) (gross margin -2110.68%), and net income of ($0.06B) — a net profit margin of -4007.58%.
Frequently asked questions
GWH · 4 questionsESS Tech, Inc. (GWH) reported revenue of $0.00B for 2025, down 74.9% year-over-year.
GWH revenueGWH salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08