ESS Tech, Inc. (GWH)

NYSE: GWH · Real-Time Price · USD
1.120
-0.020 (-1.75%)
At close: May 7, 2026, 4:00 PM EDT
1.070
-0.050 (-4.46%)
After-hours: May 7, 2026, 7:58 PM EDT
Market Cap31.27M +25.4%
Revenue (ttm)1.58M -74.9%
Net Income-63.44M
EPS-4.34
Shares Out 27.92M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume925,809
Open1.130
Previous Close1.140
Day's Range1.080 - 1.170
52-Week Range0.760 - 13.870
Beta1.45
AnalystsBuy
Price Target2.25 (+100.89%)
Earnings DateMay 7, 2026

About GWH

ESS Tech, Inc., an energy storage company, engages in the design and production of 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 the gigawatt-hour energy base storage product, a fully configurable layout that integrates with any site location and that allows the power to be decoupled from the capacity. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.

Founded 2011
Employees 62
Stock Exchange NYSE
Ticker Symbol GWH
Full Company Profile

Financial Performance

In 2025, ESS Tech's revenue was $1.58 million, a decrease of -74.85% compared to the previous year's $6.30 million. Losses were -$63.44 million, -26.42% less than in 2024.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for GWH stock is "Buy." The 12-month stock price target is $2.25, which is an increase of 100.89% from the latest price.

Price Target
$2.25
(100.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ESS Tech Earnings Call Transcript: Q1 2026

Q1 2026 saw improved cost discipline, a narrowed net loss, and strategic moves including a partnership with Alsym Energy, VoltStorage acquisition, and major project wins. Technology validation and a strengthened balance sheet position the company for broader market opportunities.

9 hours ago - Transcripts

ESS Tech, Inc. Announces First Quarter 2026 Financial Results

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. Announces First Quarter 2026 Financial Results.

9 hours ago - Business Wire

ESS Highlights Third-Party Utility Validating Iron Flow Battery Technology

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Highlights Third-Party Utility Validating Iron Flow Battery Technology.

1 day ago - Business Wire

ESS Announces Successful Commissioning of Long-Duration Iron Flow Battery Systems at Turlock Irrigation District Solar-Over-Canal Project

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Announces Successful Commissioning of Long-Duration Iron Flow Battery Systems at Turlock Irrigation District Solar-Over-Canal Project.

2 days ago - Business Wire

ESS Partners with Alsym Energy to Deliver 8.5 GWh of Non-Lithium Battery Energy Storage Solutions

WILSONVILLE, Ore. & MALDEN, Mass.--(BUSINESS WIRE)--ESS Tech, Inc. (NYSE: GWH) ("ESS" or the "Company"), a leading manufacturer of sustainable, long‑duration energy storage systems (“LDES”), today ann...

7 days ago - Business Wire

ESS to Host First Quarter 2026 Financial Results Conference Call on Thursday, May 7, 2026 at 5:00 p.m. Eastern Time

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS to Host First Quarter 2026 Financial Results Conference Call on Thursday, May 7, 2026 at 5:00 p.m. Eastern Time.

14 days ago - Business Wire

ESS Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program.

4 weeks ago - Business Wire

ESS to Attend the 38th Annual ROTH Conference

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS to Attend the 38th Annual ROTH Conference.

2 months ago - Business Wire

ESS Tech Earnings Call Transcript: Q4 2025

2025 saw a strategic pivot to the Energy Base product, improved financials, and major contracts with the U.S. Air Force and SRP, with Google as an offtaker. Revenue is expected to ramp in 2027-2028 as deliveries begin, supported by a strengthened balance sheet.

2 months ago - Transcripts

ESS Announces Fourth Quarter and Full Year 2025 Financial Results

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Announces Fourth Quarter and Full Year 2025 Financial Results.

2 months ago - Business Wire

ESS Announces Agreement to Join Salt River Project and Google Long Duration Energy Storage Collaboration

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Announces Agreement to Join Salt River Project and Google Long Duration Energy Storage Collaboration.

2 months ago - Business Wire

ESS Appoints Randall Selesky as Chief Commercial Officer to Accelerate Global Growth

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Appoints Randall Selesky as Chief Commercial Officer to Accelerate Global Growth.

2 months ago - Business Wire

ESS Acquires VoltStorage GmbH Intellectual Property and Assets to Advance Flexible Long-Duration Energy Storage

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Acquires VoltStorage GmbH Intellectual Property and Assets to Advance Flexible Long-Duration Energy Storage.

2 months ago - Business Wire

ESS Tech, Inc. Issues Shareholder Letter and Provides Corporate Update

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. Issues Shareholder Letter and Provides Corporate Update.

3 months ago - Business Wire

ESS Tech, Inc. Announces Closing of $15 Million Registered Direct Offering Priced at a Premium to Market

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. Announces Closing of $15 Million Registered Direct Offering Priced at a Premium to Market.

3 months ago - Business Wire

ESS Tech Awarded $9.9 Million Contract from Concurrent Technologies Corporation and U.S. Air Force Research Laboratory

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech Awarded $9.9 Million Contract from Concurrent Technologies Corporation and U.S. Air Force Research Laboratory.

3 months ago - Business Wire

ESS Tech, Inc. Announces $15 Million Registered Direct Offering Priced at a Premium to Market

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. Announces $15 Million Registered Direct Offering Priced at a Premium to Market.

3 months ago - Business Wire

ESS Tech Appoints Drew Buckley as Chief Executive Officer and Announces New Leadership Changes

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech Appoints Drew Buckley as Chief Executive Officer and Announces New Leadership Changes.

4 months ago - Business Wire

ESS Tech Earnings Call Transcript: Q3 2025

Transitioned to the Energy Base platform, securing a 50 MWh pilot with Salt River Project and $40 million in new financing. Q3 revenue fell to $200,000 with a net loss of $10.4 million, but liquidity was strengthened and the commercial pipeline is focused on long-duration storage.

6 months ago - Transcripts

ESS Tech, Inc. Announces Third Quarter 2025 Financial Results

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-s...

6 months ago - Business Wire

ESS Schedules Third Quarter 2025 Financial Results Conference Call

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE : GWH), a leading manufacturer of iron flow long-duration energy storage (LDES) systems for commercial- and utility-scale applications, t...

7 months ago - Business Wire

ESS Announces Closing of $40 Million Financing Transaction

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS” or the “Company”) (NYSE:GWH), a leading manufacturer of iron flow long-duration energy storage systems for commercial- and utility-scale appli...

7 months ago - Business Wire

ESS Tech Transcript: AGM 2025

The meeting reconvened virtually, achieving a quorum and addressing director election, auditor ratification, and share issuance approval. All proposals passed, with no stockholder questions received. Key risks discussed included manufacturing, product, and capital challenges.

7 months ago - Transcripts

SRP and ESS Announce New 50 MWh Long Duration Energy Storage Pilot Project

WILSONVILLE, Ore.--(BUSINESS WIRE)--Salt River Project (SRP), a not-for-profit public power utility serving the greater Phoenix metropolitan area, and ESS (NYSE:GWH), a leading manufacturer of iron fl...

7 months ago - Business Wire

ESS Tech Earnings Call Transcript: Q2 2025

Q2 2025 saw a 294% sequential revenue increase, major cost reductions, and the first Energy Base order secured. $31M in new capital was raised, with a sharpened focus on disciplined growth and a robust commercial pipeline for long-duration storage.

9 months ago - Transcripts