Income Statement
ESS TECH, INC.
GWH
Performance Overview
Click any row in the table to add it to this chart
in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Revenue
|
3.04 | 6.30 | 7.54 | 0.89 | - | - |
|
Cost of Revenue
|
29.26 | 51.65 | 20.50 | - | - | - |
|
Gross Profit
|
-27.67 | -45.36 | -12.96 | 0.89 | - | - |
|
Operating Expenses
|
29.74 | 44.44 | 72.95 | 106.39 | 60.60 | 0.00 |
|
Research & Development
|
8.30 | 11.77 | 42.63 | 71.98 | 30.28 | - |
|
Selling, General & Administrative
|
17.60 | 23.51 | 22.57 | 27.47 | 27.29 | - |
|
Other Operating Expenses
|
- | - | - | - | - | - |
|
Operating Income
|
-57.41 | -89.80 | -85.91 | -105.49 | -60.60 | - |
|
Non-Operating Income
|
-6.03 | 3.58 | 8.33 | 27.52 | -416.52 | - |
|
Interest Income
|
- | - | - | - | - | - |
|
Interest Expense
|
5.20 | - | - | - | 1.89 | - |
|
Other Non-Op Income / Expense
|
-0.81 | -0.11 | 0.77 | -0.45 | 0.93 | - |
|
Income Before Tax
|
- | - | - | - | - | - |
|
Income Tax Expense
|
- | - | - | - | - | - |
|
Non-Controlling Interest
|
- | - | - | - | - | - |
|
Net Income
|
-63.44 | -86.22 | -77.58 | -77.97 | -477.12 | - |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - | - |
|
EBITDA
|
-51.67 | -85.07 | -79.39 | -103.97 | -60.60 | 0.00 |
|
Earnings Per Share (Basic)
|
-4.34 | -7.32 | -0.48 | -0.51 | -5.73 | - |
|
Diluted EPS
|
-4.34 | -7.32 | -0.48 | -0.51 | -5.73 | - |
|
Weighted Average Shares
|
14.60 | 11.77 | 159.96 | 152.68 | 83.26 | - |
|
Diluted Weighted Avg Shares
|
14.60 | 11.77 | 159.96 | 152.68 | 83.26 | - |
|
Comprehensive Income
|
-63.44 | -86.20 | -77.58 | -77.97 | -477.12 | - |