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 |
-0.94 |
-3.9 |
-0.23 |
-1.64 |
| EPS Diluted |
-0.48 |
-0.94 |
-3.9 |
-0.23 |
-1.64 |
| Weighted Average Shares
Out |
$159.96 M
|
$83.26 M
|
$83.26 M
|
$135.06 M
|
$7.04 M
|
| Weighted Average Shares
Out Diluted |
$159.96 M
|
$83.26 M
|
$83.26 M
|
$135.06 M
|
$7.04 M
|
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