Companies: 10,795·Total market cap: $144.5T
ESS Tech, Inc.

ESS Tech, Inc.

GWHNYSEIndustrials● Active
$0.87
$-0.04(-4.52%)
Market Cap$10902041
P/E Ratio—
52W High$13.87
52W Low$0.565
Net IncomeFinancialsRevenue

ESS Tech, Inc. (GWH) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

GWH · net income · updated Jun 8, 2026

Core profitability metrics

Net income was −$63.4M for FY2025 (fiscal year ending 2025-12-31), up 26.4% year-over-year. Net profit margin was -4007.6%.

FY2025 Net Income−$63.4M▲ +26.4% YoY
Trailing 12M (TTM)−$61.3Mtrailing 4 quarters sum
Net Profit Margin< −999%−$63.4M ÷ $1.6M
YoY Change+26.4%—
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %

▸ FMP /income-statement · Annual · GWH net income history · GWH profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025Loss−$63.4M▲ +26.4%-4007.6%
FY2024Loss−$86.2M▼ 11.1%-1369.7%
FY2023Loss−$77.6M▲ +0.5%-1028.9%
FY2022Loss−$78.0M▲ +83.7%-8721.4%
FY2021Loss−$477.1M▼ 1468.5%—

Net income vs peers (Industrials)

#CompanyNet IncomeYoY
#1
ESS Tech, Inc.
ESS Tech, Inc.YOU
GWH
−$63.4M+26.4%
#2
Caterpillar Inc.
Caterpillar Inc.
CAT
$8.87B-17.8%#3
GE Aerospace
GE Aerospace
GE
$8.70B+32.8%#4
RTX Corporation
RTX Corporation
RTX
$6.73B+41.0%#5
The Boeing Company
The Boeing Company
BA
$2.23B+118.9%#6
Space Exploration Technologies Corp.
Space Exploration Technologies Corp.
SPCX
−$4.94B-724.1%
Industrials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

ESS Tech, Inc. (GWH) reported net income of −$63.4M for FY2025 (fiscal year ending 2025-12-31), up 26.4% year-over-year. The net profit margin was -4007.6% — meaning the company kept $-40.08 of every dollar of revenue as profit.

ESS Tech, Inc. has not yet achieved annual profitability based on available data (7 fiscal years). The company has reported net losses across all available periods.

ESS Tech, Inc.'s net profit margin was -4007.6% for FY2025, based on the latest annual results.

Investors sometimes search for "ESS Tech, Inc. net worth" — the company's market capitalization is a separate figure from GWH net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

GWH net income · 4 questions

ESS Tech, Inc. is not currently profitable on an annual basis. The company reported a net loss of $63.4M for FY2025.

is GWH profitabledoes GWH make a profitGWH profitabilityGWH profitable company

▸ Source: FMP /income-statement · GAAP · ESS Tech, Inc. · ESS Tech, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026