ESS Tech, Inc. (GWH) Earnings History
Net Loss7 years of earnings data (2019–2025) · Currently unprofitable on a TTM basis
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ESS Tech, Inc. (GWH) Earnings Overview
As of June 30, 2026, ESS Tech, Inc. (GWH) reported trailing twelve-month net income of -$61M, reflecting +40.7% year-over-year growth. The company earned $-2.09 per diluted share over the past four quarters, with a net profit margin of -4007.6%.
Looking at the long-term picture, GWH's historical earnings data spans multiple years. The company achieved its highest annual net income of -$12M in fiscal 2019.
ESS Tech, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including FLUX (-$6M net income, -10.0% margin), NRGV (-$115M net income, -50.9% margin), STEM ($139M net income, 88.2% margin), GWH has room to improve margins relative to the peer group. Compare GWH vs FLUX →
GWH Earnings vs Peers
Earnings metrics vs comparable public companies
GWH Historical Earnings Data (2019–2025)
7 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$63M | +26.4% | -$56M | $-4.34 | -4007.6% | -3518.6% |
| 2024 | -$86M | -11.1% | -$90M | $-7.32 | -1369.7% | -1426.5% |
| 2023 | -$78M | +0.5% | -$86M | $-0.48 | -1028.9% | -1139.3% |
| 2022 | -$78M | +83.7% | -$105M | $-7.66 | -8721.4% | -11800.0% |
| 2021 | -$477M | -1468.5% | -$61M | $-58.53 | - | - |
| 2020 | -$30M | -163.5% | -$17M | $-7.77 | - | - |
| 2019 | -$12M | - | -$10M | $-1.64 | - | - |
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GWH — Frequently Asked Questions
Quick answers to the most common questions about buying GWH stock.
What is GWH earnings per share (EPS)?
GWH trailing twelve-month (TTM) diluted EPS is $-2.09, reflecting +40.7% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2019 to 2025 is available in the table on this page.
What is ESS Tech, Inc.'s net income?
ESS Tech, Inc. (GWH) trailing twelve-month net income is $-61M as of 2025. Earnings grew +40.7% year-over-year.
Is GWH profitable?
GWH is not currently profitable on a TTM basis, reporting a net loss of $-61M. Net margin is -4007.6%. Investors should monitor for a return to profitability.
What is GWH's earnings growth rate?
GWH compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2019 to 2025.
What are GWH's profit margins?
ESS Tech, Inc. net profit margin is -4007.6%, operating margin is -3518.6%, and gross margin is -2110.7%. Below-average margins reflect competitive or cost pressures. Return on Equity is -338.3%.
Is GWH growing earnings?
Yes, GWH earnings are accelerating — EPS growth of +40.7% exceeds the 5-year CAGR of N/A. TTM net income reached $-61M. Earnings momentum is strengthening.
What was GWH's best earnings year?
ESS Tech, Inc.'s highest annual net income on record is $-12M, achieved in fiscal year 2019. Earnings history on this page spans 2019 to 2025 and includes all annual and quarterly figures.
What were GWH's earnings last quarter?
GWH's most recent reported quarter was Q1 2026. Net income was $-16M with diluted EPS of $-0.54. For a full breakdown of all quarters, see the quarterly earnings table on this page.