ESS Tech, Inc.GWHEarnings & Financial Report
NYSE
NextMar 31, 2026
GWH Q3 2025 Key Financial Metrics
Revenue
$214.0K
Gross Profit
$-4.7M
Operating Profit
$-9.8M
Net Profit
$-10.4M
Gross Margin
-2207.9%
Operating Margin
-4584.6%
Net Margin
-4848.1%
YoY Growth
-40.4%
EPS
$-0.73
Financial Flow
ESS Tech, Inc. Q3 2025 Financial Summary
ESS Tech, Inc. reported revenue of $214.0K for Q3 2025, with a net profit of $-10.4M (-4848.1% margin). Cost of goods sold was $4.9M, operating expenses totaled $5.1M.
Key Financial Metrics
| Total Revenue | $214.0K |
|---|---|
| Net Profit | $-10.4M |
| Gross Margin | -2207.9% |
| Operating Margin | -4584.6% |
| Report Period | Q3 2025 |
ESS Tech, Inc. Annual Revenue by Year
ESS Tech, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $6.3M).
| Year | Annual Revenue |
|---|---|
| 2024 | $6.3M |
| 2023 | $7.5M |
| 2022 | $894.0K |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8M | $2.7M | $348000 | $359000 | $2.9M | $599000 | $2.4M | $214000 |
| YoY Growth | 17375.0% | 636.0% | -87.7% | -76.8% | 1.9% | -78.1% | 577.6% | -40.4% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $143.2M | $123.6M | $111.1M | $96.7M | $71.8M | $53.6M | $39.6M | $36.1M |
| Liabilities | $39.9M | $35.8M | $42.1M | $47.5M | $42.9M | $41.5M | $36.3M | $37.9M |
| Equity | $103.4M | $87.8M | $69.0M | $49.2M | $28.9M | $12.1M | $3.3M | $-1.8M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-16.1M | $-18.9M | $-15.2M | $-17.6M | $-20.5M | $-18.2M | $-12.4M | $-5.8M |