GWH
Income statement / Annual
Last year (2023), ESS Tech, Inc.'s total revenue was $7.54 M,
an increase of 743.40% from the previous year.
In 2023, ESS Tech, Inc.'s net income was -$77.58 M.
See ESS Tech, Inc.’s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
Operating Revenue |
$7.54 M
|
$894,000.00
|
$0.00
|
$0.00
|
$0.00
|
Cost of Revenue |
$20.50 M |
$2.66 M |
$572,000.00 |
$436,000.00 |
$0.00 |
Gross Profit |
-$12.96 M |
-$1.76 M |
-$572,000.00 |
-$436,000.00 |
$0.00 |
Gross Profit Ratio |
-1.72 |
-1.97 |
0 |
0 |
0 |
Research and Development
Expenses |
$42.63 M
|
$71.98 M
|
$30.10 M
|
$12.90 M
|
$6.66 M
|
General & Administrative
Expenses |
$22.57 M
|
$27.47 M
|
$27.31 M
|
$3.34 M
|
$1.27 M
|
Selling & Marketing
Expenses |
$7.74 M
|
$6.94 M
|
$3.49 M
|
$1.16 M
|
$908,000.00
|
Selling, General &
Administrative Expenses |
$30.32 M
|
$34.41 M
|
$30.79 M
|
$4.50 M
|
$3.23 M
|
Other Expenses |
$0.00 |
$861,000.00 |
-$153.88 M |
-$67,000.00 |
$0.00 |
Operating Expenses |
$72.95 M |
$106.39 M |
$60.90 M |
$17.39 M |
$10.53 M |
Cost And Expenses |
$93.45 M |
$106.39 M |
$60.90 M |
$17.39 M |
$10.53 M |
Interest Income |
$5.26 M |
$2.19 M |
$1.89 M |
$132,000.00 |
$1.02 M |
Interest Expense |
$0.00 |
$2.19 M |
$1.89 M |
$132,000.00 |
$0.00 |
Depreciation &
Amortization |
$6.51 M
|
$2.66 M
|
$572,000.00
|
$436,000.00
|
$260,000.00
|
EBITDA |
-$79.39 M
|
-$103.97 M
|
-$60.03 M
|
-$16.96 M
|
-$9.63 M
|
EBITDA Ratio |
-10.53 |
-145.38 |
0 |
0 |
0 |
Operating Income Ratio
|
-11.39
|
-118
|
0
|
0
|
0
|
Total Other
Income/Expenses Net |
$8.33 M
|
$27.52 M
|
-$416.52 M
|
-$13.03 M
|
-$1.66 M
|
Income Before Tax |
-$77.58 M |
-$77.97 M |
-$477.41 M |
-$30.42 M |
-$11.55 M |
Income Before Tax Ratio
|
-10.29
|
-87.21
|
0
|
0
|
0
|
Income Tax Expense |
$0.00 |
-$27.52 M |
-$152.57 M |
$65,000.00 |
$0.00 |
Net Income |
-$77.58 M |
-$77.97 M |
-$324.85 M |
-$30.48 M |
-$11.55 M |
Net Income Ratio |
-10.29 |
-87.21 |
0 |
0 |
0 |
EPS |
-0.48 |
-7.66 |
-58.53 |
-7.77 |
-1.64 |
EPS Diluted |
-0.48 |
-7.66 |
-58.53 |
-7.77 |
-1.64 |
Weighted Average Shares
Out |
$159.96 M
|
$10.18 M
|
$5.55 M
|
$3.93 M
|
$7.04 M
|
Weighted Average Shares
Out Diluted |
$159.96 M
|
$10.18 M
|
$5.55 M
|
$3.93 M
|
$7.04 M
|
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