GWH
Income statement / Annual
Last year (2024), ESS Tech, Inc.'s total revenue was $6.30 M,
a decrease of 16.51% from the previous year.
In 2024, ESS Tech, Inc.'s net income was -$86.22 M.
See ESS Tech, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$6.30 M |
$7.54 M |
$894,000.00 |
$0.00 |
$0.00 |
$0.00 |
| Cost of Revenue |
$51.65 M
|
$20.50 M
|
$2.66 M
|
$572,000.00
|
$436,000.00
|
$0.00
|
| Gross Profit |
-$45.36 M
|
-$12.96 M
|
-$1.76 M
|
-$572,000.00
|
-$436,000.00
|
$0.00
|
| Gross Profit Ratio |
-7.21
|
-1.72
|
-1.97
|
0
|
0
|
0
|
| Research and Development Expenses |
$11.77 M
|
$42.63 M
|
$71.98 M
|
$30.10 M
|
$12.90 M
|
$6.66 M
|
| General & Administrative Expenses |
$23.51 M
|
$22.57 M
|
$27.47 M
|
$27.31 M
|
$3.34 M
|
$1.27 M
|
| Selling & Marketing Expenses |
$9.16 M
|
$7.74 M
|
$6.94 M
|
$3.49 M
|
$1.16 M
|
$908,000.00
|
| Selling, General & Administrative Expenses |
$32.67 M
|
$30.32 M
|
$34.41 M
|
$30.79 M
|
$4.50 M
|
$3.23 M
|
| Other Expenses |
$0.00
|
$0.00
|
$861,000.00
|
-$153.88 M
|
-$67,000.00
|
$0.00
|
| Operating Expenses |
$44.44 M
|
$72.95 M
|
$106.39 M
|
$60.90 M
|
$17.39 M
|
$10.53 M
|
| Cost And Expenses |
$96.09 M
|
$93.45 M
|
$106.39 M
|
$60.90 M
|
$17.39 M
|
$10.53 M
|
| Interest Income |
$3.57 M
|
$5.26 M
|
$2.19 M
|
$1.89 M
|
$132,000.00
|
$1.02 M
|
| Interest Expense |
$0.00
|
$0.00
|
$2.19 M
|
$1.89 M
|
$132,000.00
|
$0.00
|
| Depreciation & Amortization |
$4.72 M
|
$6.51 M
|
$2.66 M
|
$572,000.00
|
$436,000.00
|
$260,000.00
|
| EBITDA |
-$85.07 M |
-$79.39 M |
-$103.97 M |
-$60.03 M |
-$16.96 M |
-$9.63 M |
| EBITDA Ratio |
-13.51
|
-10.53
|
-116.3
|
0
|
0
|
0
|
| Operating Income Ratio |
-14.26
|
-11.39
|
-118
|
0
|
0
|
0
|
| Total Other Income/Expenses Net |
$3.58 M
|
$8.33 M
|
$27.52 M
|
-$416.52 M
|
-$13.03 M
|
-$1.66 M
|
| Income Before Tax |
-$86.22 M
|
-$77.58 M
|
-$77.97 M
|
-$477.41 M
|
-$30.42 M
|
-$11.55 M
|
| Income Before Tax Ratio |
-13.7
|
-10.29
|
-87.21
|
0
|
0
|
0
|
| Income Tax Expense |
$0.00
|
$0.00
|
-$27.52 M
|
-$152.57 M
|
$65,000.00
|
$0.00
|
| Net Income |
-$86.22 M
|
-$77.58 M
|
-$77.97 M
|
-$324.85 M
|
-$30.48 M
|
-$11.55 M
|
| Net Income Ratio |
-13.7
|
-10.29
|
-87.21
|
0
|
0
|
0
|
| EPS |
-7.32 |
-0.48 |
-7.66 |
-58.53 |
-7.77 |
-1.64 |
| EPS Diluted |
-7.32 |
-0.48 |
-7.66 |
-58.53 |
-7.77 |
-1.64 |
| Weighted Average Shares Out |
$11.77 M
|
$159.96 M
|
$10.18 M
|
$5.55 M
|
$3.93 M
|
$7.04 M
|
| Weighted Average Shares Out Diluted |
$11.77 M
|
$159.96 M
|
$10.18 M
|
$5.55 M
|
$3.93 M
|
$7.04 M
|
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