GWH (ESS Tech, Inc.) Stock Financials & Earnings

GWHESS Tech, Inc.

Mkt Cap$17M

Revenue (TTM)$2M

Net Income (TTM)-$63M

EPS (TTM)-$4.33

Free Cash Flow (TTM)-$72M

Gross Margin-2110.7%

Op. Margin-3518.6%

Net Margin-4007.6%

FCF Margin-4559.4%

P/S Ratio (TTM)10.5x

P/E Ratio (TTM)—

YoY Rev Growth-74.9%

Employees—

Earnings Reports

Next: Q1 2026 · Mar 30

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$372K	$372K	-$24M
Q2 23	$3M	$3M	-$24M
Q3 23	$2M	-$9M	-$18M
Q4 23	$3M	-$8M	-$19M
Q1 24	$3M	-$8M	-$19M
Q2 24	$348K	-$11M	-$23M
Q3 24	$359K	-$12M	-$24M
Q4 24	$3M	-$13M	-$23M
Q1 25	$599K	-$8M	-$18M
Q2 25	$2M	-$5M	-$12M
Q3 25	$214K	-$5M	-$10M
Q4 25	-$2M	-$15M	-$16M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$18M	$5M	$2M
Q2 23	$19M	$6M	$2M
Q3 23	$2M	$6M	$2M
Q4 23	$4M	$6M	$2M
Q1 24	$4M	$6M	$2M
Q2 24	$3M	$6M	$3M
Q3 24	$3M	$6M	$3M
Q4 24	$3M	$6M	$2M
Q1 25	$2M	$6M	$2M
Q2 25	$1M	$4M	$1M
Q3 25	$1M	$4M	$360K
Q4 25	$3M	$5M	$220K

Revenue Segments

Quarter	Product	Service	Other Product Or Service
Q1 23	$366K	$6K	—
Q2 23	$3M	$5K	—
Q3 23	$1M	$224K	—
Q1 24	$3M	$18K	$88K
Q2 24	$196K	$61K	$91K
Q3 24	$148K	$22K	$189K
Q1 25	$407K	$28K	$164K
Q2 25	$2M	$32K	-$11K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$88M	$31M	$119M
Q2 23	$30M	$69M	$100M
Q3 23	$37M	$87M	$125M
Q4 23	$20M	$88M	$108M
Q1 24	$36M	$53M	$90M
Q2 24	$37M	$38M	$74M
Q3 24	$13M	$42M	$55M
Q4 24	$13M	$18M	$32M
Q1 25	$8M	$4M	$13M
Q2 25	$797K	$0	$797K
Q3 25	$4M	$0	$4M
Q4 25	$14M	$8M	$22M

Shares Outstanding

Revenue Per Employee

Revenue / Employee