GWH - NYSE
ESS Tech, Inc.
$4.25
-0.93%ESS Tech, Inc., an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and Energy Center, a front-of-the-meter solution. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.
At a Glance
Live SnapshotESS Tech, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Profitability Insight
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
ESS Tech, Inc. Income Statement
GWH • NYSE
| ESS Tech, Inc. Income Statement | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|
REVENUE | ||||||
6.3M | 7.5M | 894K | 0.0 | 0.0 | 0.0 | |
GROSS PROFIT | ||||||
(51.7M) | (20.5M) | (2.7M) | (572K) | (436K) | (0.0) | |
-45.4M | -13M | -1.8M | -572K | -436K | 0.0 | |
OPERATING INCOME | ||||||
(44.4M) | (73M) | (106.4M) | (60.9M) | (17.4M) | (10.5M) | |
(32.7M) | (30.3M) | (34.4M) | (30.8M) | (4.5M) | (3.2M) | |
(11.8M) | (42.6M) | (72M) | (30.1M) | (12.9M) | (6.7M) | |
-89.8M | -85.9M | -105.5M | -60.9M | -17.4M | -9.9M | |
PRE-TAX INCOME | ||||||
(0.0) | (0.0) | (0.0) | (1.9M) | (132K) | (0.0) | |
3.6M | 5.3M | 2.2M | 0.0 | 0.0 | 0.0 | |
(0.0) | (0.0) | (861K) | (0.0) | -67K | (0.0) | |
3.6M | 8.3M | 27.5M | -416.5M | -13M | -1.7M | |
-86.2M | -77.6M | -78M | -477.4M | -30.4M | -11.5M | |
NET INCOME | ||||||
(0.0) | (0.0) | (0.0) | -152.6M | (0.0) | (0.0) | |
-86.2M | -77.6M | -78M | -324.8M | -30.5M | -11.5M |
SEC Filings
GWH - Filing history and reports
No SEC filings available for GWH
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