Stocktoria
ESS Tech, Inc. GWH
NYSE · XNYS · stock · Miscellaneous Electrical Machinery, Equipment & Supplies · website · IPO 2020-11-10
ESS Tech, Inc. financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.6M | $6.3M | $7.5M | $894,000 | $0 |
| Gross profit | -$27.7M | -$45.4M | -$13.0M | $894,000 | — |
| R&D expense | $8.3M | $11.8M | $42.6M | $72.0M | $30.3M |
| Operating income | -$57.4M | -$89.8M | -$85.9M | -$105.5M | -$60.6M |
| Interest expense | — | — | — | — | $1.9M |
| Income tax | $0 | — | — | — | — |
| Net income | -$63.4M | -$86.2M | -$77.6M | -$78.0M | -$477.1M |
| EPS (diluted) | $-4.34 | $-7.32 | $-7.27 | $-0.51 | $-5.73 |
| Operating cash flow | -$50.3M | -$72.2M | -$54.9M | -$81.6M | -$51.8M |
| Free cash flow | -$53.7M | -$79.5M | -$60.7M | -$95.8M | -$54.6M |
| Cash & equivalents | $14.5M | $13.3M | $20.2M | $34.8M | $238.9M |
| Inventory | $140,000 | $5.6M | $3.4M | $0 | — |
| Total assets | $51.2M | $71.8M | $143.2M | $173.6M | $250.2M |
| Total liabilities | $42.6M | $42.9M | $39.9M | $36.6M | $45.0M |
| Shareholders' equity | $8.6M | $28.9M | $103.4M | $137.0M | $205.2M |
Source: SEC EDGAR filings · CIK 0001819438 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.