Delisting riskPopularity #4,086
ESS Tech (GWH)
Builds iron-flow systems for long-duration grid and on-site energy storage.
$0.3840
After hours−0.01 (−2.41%)
At close$0.3935(+6.41%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 3 | 3 | 0 | 0 | 3 | 1 | 2 | 0 | −2 | 0 | 0 |
| Cost of revenue | 10 | 10 | 11 | 12 | 13 | 16 | 9 | 7 | 5 | 14 | 7 | 7 |
| Gross profit | −9 | −8 | −8 | −11 | −12 | −13 | −8 | −5 | −5 | −15 | −7 | −7 |
| 9 | 12 | 11 | 12 | 11 | 10 | 10 | 6 | 5 | 1 | 7 | 8 | |
| Research & development | 2 | 4 | 4 | 3 | 3 | 3 | 2 | 1 | 1 | 3 | 3 | 2 |
| 8 | 8 | 8 | 9 | 9 | 8 | 8 | 5 | 4 | 5 | 4 | 6 | |
| Selling & marketing | 2 | 2 | 2 | 3 | 3 | 2 | 2 | 1 | 0 | 0 | 0 | 1 |
| General & administrative | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 4 | 4 | 5 | 4 | 5 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −7 | 0 | 0 |
| Operating income | −18 | −19 | −19 | −23 | −24 | −23 | −18 | −12 | −10 | −16 | −14 | −15 |
| 2 | 3 | 1 | 1 | 1 | 0 | 0 | 1 | −1 | −8 | −2 | 0 | |
| Interest income | 1 | 2 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | −2 | 1 |
| Other non-operating income | 0 | −3 | −1 | −1 | −1 | 0 | 0 | −1 | 0 | 3 | 5 | 0 |
| Income before tax | −17 | −16 | −18 | −22 | −22 | −23 | −18 | −11 | −10 | −24 | −16 | −16 |
| Net income from continuing operations | −17 | −16 | −18 | −22 | −22 | −23 | −18 | −11 | −10 | −24 | −16 | −16 |
| Net income | −17 | −16 | −18 | −22 | −22 | −23 | −18 | −11 | −10 | −24 | −16 | −16 |
| EPS, basic | −$1.59 | −$1.39 | −$1.57 | −$1.87 | −$1.90 | −$1.97 | −$1.50 | −$0.90 | −$0.73 | −$1.20 | −$0.54 | −$0.46 |
| EPS, diluted | −$1.59 | −$1.39 | −$1.57 | −$1.87 | −$1.90 | −$1.97 | −$1.50 | −$0.90 | −$0.73 | −$1.20 | −$0.54 | −$0.46 |
| Weighted average shares, basic | 157 | 174 | 175 | 176 | 177 | 177 | 12 | 12 | 14 | 20 | 29 | 34 |
| Weighted average shares, diluted | 157 | 174 | 175 | 176 | 177 | 177 | 12 | 12 | 14 | 20 | 29 | 34 |
| EBITDA | −17 | −13 | −17 | −21 | −22 | −22 | −16 | −10 | −8 | −18 | −16 | −14 |
| Depreciation & amortization | 1 | 3 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 2 | 1 |
| EBIT | −18 | −16 | −18 | −22 | −22 | −23 | −18 | −11 | −10 | −19 | −18 | −15 |
