ESS Tech

ESS Tech, Inc. is in the research and development phase, engages in the manufacture of iron flow batteries for commercial and energy storage applications. The company was founded by Julia Song and Evans Craig in January 2011 and is headquartered in Wilsonville, OR.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

ESS Tech addresses revenue challenges, eyes growth in energy storage

ESS Tech navigated revenue challenges in Q1, focusing on scaling manufacturing and operational improvements.
Positive feedback from industry leaders underscores ESS's technology in achieving energy goals.
Market trends and customer interest in long-duration energy storage solutions offer growth potential for ESS.

ESS Tech (GWH) reports record revenue and strategic partnerships

ESS Tech (GWH) achieved record revenue, strengthened partnerships, and focused on operational efficiency. Acknowledged challenges in overseas projects and emphasized commitment to improvement. Actively pursuing opportunities in energy storage deployment and innovation.

ESS Tech (GWH) reports Q3 revenue growth amidst strategic shifts

ESS Tech (GWH) navigated Q3 with revenue growth targets and strategic partnerships, despite facing challenges in financial performance and operational transitions.
The company's leadership team enhancements and shift towards energy centers position it for future growth and innovation in the energy storage industry.
Analyst inquiries and ongoing adjustments underscore the need for operational efficiency and strategic planning to capitalize on upcoming opportunities and mitigate challenges.

ESS Tech (GWH) reports Q4 revenue shortfall but eyes profitability and growth in 2024

ESS Tech (GWH) navigated Q4 challenges with a focus on growth, cost reduction, and cash management. The company aims for profitability by late 2024 and foresees substantial revenue growth ahead, backed by strong partnerships and market position.

ESS Tech (GWH) reports revenue growth and strategic partnerships in Q1 2024

ESS Tech (GWH) shows progress in revenue growth and operational milestones, despite challenges in achieving profitability. Strategic partnerships and product certifications position the company for expansion and market leadership.

ESS Tech secures $50M funding, aims for profitability by year-end

ESS Tech (GWH) navigated challenges in revenue recognition delays but showcased strengths in securing funding for capacity expansion and advancing partnerships in the energy storage sector. The company's focus on cost reduction, cash management, and achieving profitability by year-end underscores a strategic approach towards financial sustainability. ESS faces opportunities in scaling production, leveraging partnerships, and driving innovation in the evolving energy storage market.

ESS Tech (GWH) reports Q3 revenue challenges, eyes growth opportunities

ESS Tech (GWH) navigated challenges of customer funding delays in Q3 but anticipates improved revenue recognition in Q4. Strong partnerships, new product launches, and strategic focus on financial stability and profitability position the company for growth opportunities in 2024 and beyond.

ESS Tech reports 2024 revenue below guidance, focuses on cost efficiency

ESS Tech faced revenue challenges in 2024 but made progress in cost reduction and new product development. Despite negative EBITDA, the company is focused on transitioning to profitability and securing funding for growth. Opportunities lie in expanding Energy Base projects, achieving positive EBITDA, and exploring financing options.

ESS Tech (GWH) reports Q1 revenue growth and strategic partnerships

ESS Tech (GWH) showcased revenue generation and market progress in Q1, focusing on Energy Base product success. While facing financial challenges, the company's strategic strengths and opportunities align with industry trends and support growth. Navigating the capital markets environment and securing funding are crucial for ESS to sustain momentum and drive future success.

ESS Tech (GWH) reports stellar Q2 performance and eyes sustainable growth

ESS Tech (GWH) showcased robust financial growth, strategic focus on technology advancement, and disciplined cost control. The company's emphasis on sustainability, durability, and domestic manufacturing practices bode well for future success.

ESS Tech (GWH) reports Q3 loss, focuses on growth strategies

ESS Tech (GWH) is strategically positioned in long-duration energy storage with innovative projects and financial backing. While facing financial challenges, the company's focus on disciplined execution and growth conversion signals resilience. Opportunities lie in capitalizing on financing, product development, and market expansion for sustainable growth.

ESS Tech (GWH) reports Q4 2025 financial improvements and strategic focus

ESS Tech (GWH) showcased financial improvements and operational efficiency in Q4 2025, despite a revenue decline, highlighting strategic growth initiatives and commercial momentum. The company's strong leadership, technology focus, and team alignment position them well for future success in the energy sector. Challenges lie in revenue projections, ownership structures, and capital raise plans, but ESS Tech has opportunities to drive growth through strategic decisions and market expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ESS Tech, Inc. is a long-duration energy storage company, which specializes in iron flow battery technology. It develops long duration iron flow batteries for commercial and utility-scale energy storage applications requiring four or more hours of flexible energy capacity predominantly using earth-abundant materials. The company was founded by Julia Song and Craig E. Evans in January 2011 and is headquartered in Wilsonville, OR.