ESS Tech, Inc. (GWH)

ESS Tech Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	15.49	14.48	13.34	20.17	34.77	238.94
Short-Term Investments	5.97	7.56	18.26	87.9	105.05	-
Cash & Short-Term Investments	21.46	22.03	31.6	108.06	139.81	238.94
Cash Growth	67.60%	-30.28%	-70.75%	-22.71%	-41.49%	4775.33%
Accounts Receivable	0.04	0.01	0.22	1.99	4.95	0.52
Inventory	0.12	0.14	5.64	3.37	-	-
Other Current Assets	3.16	4.06	5.9	4.68	6.87	6.06
Total Current Assets	24.77	26.25	43.36	118.1	151.64	245.52
Net Property, Plant & Equipment	19.63	20.99	22.09	18.43	20.97	4.5
Other Intangible Assets	2.62	2.68	4.66	4.92	-	-
Other Long-Term Assets	1.55	1.25	1.71	1.78	0.95	0.18
Total Assets	48.57	51.17	71.81	143.23	173.55	250.2

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1.33	3.02	8.07	2.76	3.04	1.57
Accrued Expenses	10.44	12.08	12.6	12.88	15.77	6.49
Short-Term Debt	9.05	8.04	-	-	1.6	1.9
Current Portion of Leases	1.85	1.78	1.69	1.58	1.42	-
Unearned Revenue	0.35	0.36	5.24	2.55	6.17	3.66
Total Current Liabilities	23.01	25.29	27.6	19.77	27.99	13.62
Long-Term Debt	8.99	9.29	-	-	0.32	1.87
Long-Term Leases	1.57	2.06	-	0.96	2.54	-
Other Long-Term Liabilities	5.56	5.91	15.33	19.15	5.74	29.55
Total Long-Term Liabilities	16.11	17.26	15.33	20.11	8.59	31.42
Total Liabilities	39.13	42.55	42.93	39.88	36.58	45.04

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0	0	0	0	0	0.02
Additional Paid-in Capital	871.18	854.44	811.26	799.51	755.54	745.75
Retained Earnings	-861.74	-845.82	-782.38	-696.16	-618.58	-540.61
Shareholders' Equity	9.45	8.62	28.88	103.36	136.96	205.16
Total Liabilities & Equity	48.57	51.17	71.81	143.23	173.55	250.2

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	21.45	21.18	1.69	2.54	5.87	3.77
Net Cash (Debt)	0	0.86	29.91	105.53	133.94	235.17
Net Cash Growth	-99.99%	-97.14%	-71.65%	-21.22%	-43.04%	-
Net Cash Per Share	-	0.06	2.54	9.90	13.16	42.37
Book Value	9.45	8.62	28.88	103.36	136.96	205.16
Book Value Per Share	0.50	0.59	2.45	9.69	13.46	36.96
Tangible Book Value	6.83	5.94	24.23	98.43	136.96	205.16
Tangible Book Value Per Share	0.36	0.41	2.06	9.23	13.46	36.96

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: May 7, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 22, 2026

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