ESS Tech, Inc. Financial Summary

Quick Answer

ESS Tech, Inc. reported Total Revenue of $1.58 million for fiscal year 2025.

ESS Tech, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $1.58M
-74.9%
$6.29M
-16.5%
$7.54M
+743.4%
$894.0K $0.00
Revenue (ASC 606) $1.58M
-74.9%
$6.29M
-16.5%
$7.54M
+743.4%
$894.0K $0.00
Net Income -$63.44M
+26.4%
-$86.22M
-11.1%
-$77.58M
+0.5%
-$77.97M
+83.7%
-$477.12M
-1468.5%
-$30.42M
Diluted EPS -$4.34
+40.7%
-$7.32
-0.7%
-$7.27
-1325.5%
-$0.51
+91.1%
-$5.73
-1001.9%
-$0.52
Total Assets $51.17M
-28.7%
$71.81M
-49.9%
$143.23M
-17.5%
$173.55M
-30.6%
$250.20M
+2672.9%
$9.02M
Cash and Equivalents $14.48M
+8.5%
$13.34M
-33.8%
$20.16M
-42.0%
$34.77M
-85.4%
$238.94M
+4775.3%
$4.90M
Long-Term Debt $0.00
-100.0%
$315.0K
-83.1%
$1.87M
+9736.8%
$19.0K
Stockholders Equity $8.62M
-70.2%
$28.88M
-72.1%
$103.36M
-24.5%
$136.97M
-33.2%
$205.16M $0.00
-100.0%
R&D Expense $8.30M
-29.5%
$11.77M
-72.4%
$42.63M
-40.8%
$71.98M
+137.8%
$30.27M
+134.8%
$12.90M
Operating Income -$57.41M
+36.1%
-$89.80M
-4.5%
-$85.91M
+18.6%
-$105.49M
-74.1%
-$60.60M
-248.4%
-$17.39M
Gross Profit -$27.67M
+39.0%
-$45.36M
-250.1%
-$12.96M
-1549.1%
$894.0K
Shares Outstanding 22.38M
+86.7%
11.99M
+3.2%
11.61M
-92.4%
153.82M
+13.8%
135.20M
+129.5%
58.92M

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $214.0K -40.4% -90.9%
Revenue (ASC 606) September 30, 2025 $214.0K -40.4% -90.9%
Net Income September 30, 2025 -$10.38M +53.9% +6.2%
Diluted EPS September 30, 2025 -$0.73 +61.6% +18.9%
Total Assets September 30, 2025 $36.15M -62.6% -8.8%
Cash and Equivalents September 30, 2025 $3.54M -72.4% +344.0%
Long-Term Debt September 30, 2023 $0.00
Stockholders Equity September 30, 2025 -$1.77M -103.6% -153.5%
R&D Expense September 30, 2025 $1.03M -61.7% -27.9%
Operating Income September 30, 2025 -$9.81M +58.6% +15.1%
Gross Profit September 30, 2025 -$4.72M +61.8% +7.4%
Shares Outstanding September 30, 2025 15.39M +29.5% +19.3%
  • ESS Tech, Inc. reported Total Revenue of $1.58 million for fiscal year 2025.
  • ESS Tech, Inc. showed a decrease of -74.9% in Total Revenue compared to the prior fiscal year.
  • ESS Tech, Inc. reported Revenue (ASC 606) of $1.58 million for fiscal year 2025.
  • ESS Tech, Inc. showed a decrease of -74.9% in Revenue (ASC 606) compared to the prior fiscal year.
  • ESS Tech, Inc. reported Net Income of -$63.44 million for fiscal year 2025.
  • ESS Tech, Inc. showed an increase of +26.4% in Net Income compared to the prior fiscal year.
  • ESS Tech, Inc. reported Diluted EPS of $4.34 per share (loss) for fiscal year 2025.
  • ESS Tech, Inc. showed an increase of +40.7% in Diluted EPS compared to the prior fiscal year.
  • ESS Tech, Inc. reported Total Assets of $51.17 million for fiscal year 2025.
  • ESS Tech, Inc. showed a decrease of -28.7% in Total Assets compared to the prior fiscal year.
  • ESS Tech, Inc. reported Cash and Equivalents of $14.48 million for fiscal year 2025.
  • ESS Tech, Inc. showed an increase of +8.5% in Cash and Equivalents compared to the prior fiscal year.
  • ESS Tech, Inc. reported Long-Term Debt of $0.00 for fiscal year 2023.
  • ESS Tech, Inc. showed a decrease of -100.0% in Long-Term Debt compared to the prior fiscal year.
  • ESS Tech, Inc. reported Stockholders Equity of $8.62 million for fiscal year 2025.
  • ESS Tech, Inc. showed a decrease of -70.2% in Stockholders Equity compared to the prior fiscal year.
  • ESS Tech, Inc. reported R&D Expense of $8.30 million for fiscal year 2025.
  • ESS Tech, Inc. showed a decrease of -29.5% in R&D Expense compared to the prior fiscal year.
  • ESS Tech, Inc. reported Operating Income of -$57.41 million for fiscal year 2025.
  • ESS Tech, Inc. showed an increase of +36.1% in Operating Income compared to the prior fiscal year.
  • ESS Tech, Inc. reported Gross Profit of -$27.67 million for fiscal year 2025.
  • ESS Tech, Inc. showed an increase of +39.0% in Gross Profit compared to the prior fiscal year.
  • ESS Tech, Inc. reported Shares Outstanding of 22.38 million shares for fiscal year 2025.
  • ESS Tech, Inc. showed an increase of +86.7% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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