ESS Tech Past Earnings Performance
Past criteria checks 0/6
ESS Tech has been growing earnings at an average annual rate of 16.1%, while the Electrical industry saw earnings growing at 16.2% annually. Revenues have been growing at an average rate of 81.3% per year.
Key information
16.1%
Earnings growth rate
36.1%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | 81.3% |
| Return on equity | -160.3% |
| Net Margin | -1,263.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
ESS Tech Is A High-Risk Investment That May Reward A Patient Investor
Nov 19Here's Why We're Watching ESS Tech's (NYSE:GWH) Cash Burn Situation
Jun 26
A Look At The Intrinsic Value Of ESS Tech, Inc. (NYSE:GWH)
May 03Is ESS Tech, Inc. (NYSE:GWH) Potentially Undervalued?
Mar 15ESS Tech: The Honeywell Honeymoon Was Brief
Feb 12Is ESS Tech (NYSE:GWH) In A Good Position To Deliver On Growth Plans?
Feb 08ESS Tech: Flush With Cash As Solar And Wind Energy Booms
Dec 11Is ESS Tech (NYSE:GWH) In A Good Position To Invest In Growth?
Nov 10ESS Tech Levels Up
Sep 27ESS Tech: Without More Transparency, Investors Left In A Lurch
Jul 10ESS Tech: A Very Big Battery In Germany
Jun 21ESS to fend off lawsuit stemming from Grizzly Research report
Jan 16ESS Tech: Q4 2022 Estimate And Questions For Management
Dec 18ESS Tech: Darling Of The Shorts Or Storage Panacea
Dec 09ESS Tech: Long-Duration Energy Storage Will Supercharge The Transition To Renewables
Sep 28ESS Tech names Vince Canino as operating chief
Aug 26ESS Tech: Speculative Buy As Green Energy Needs Storage To Be More Viable
Jan 13ESS Tech: The Blue Sky Energy Opportunity
Oct 14Revenue & Expenses Breakdown
How ESS Tech makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 6 | -79 | 33 | 13 |
| 30 Jun 24 | 7 | -73 | 32 | 12 |
| 31 Mar 24 | 10 | -74 | 31 | 28 |
| 31 Dec 23 | 8 | -78 | 30 | 43 |
| 30 Sep 23 | 5 | -87 | 31 | 62 |
| 30 Jun 23 | 3 | -102 | 31 | 80 |
| 31 Mar 23 | 1 | -94 | 32 | 77 |
| 31 Dec 22 | 1 | -78 | 34 | 72 |
| 30 Sep 22 | 1 | -233 | 46 | 60 |
| 30 Jun 22 | 1 | -253 | 42 | 47 |
| 31 Mar 22 | 0 | -328 | 37 | 38 |
| 31 Dec 21 | 0 | -477 | 30 | 30 |
| 30 Sep 21 | 0 | -321 | 11 | 24 |
| 30 Jun 21 | 0 | -272 | 9 | 20 |
| 31 Mar 21 | 0 | -184 | 6 | 16 |
| 31 Dec 20 | 0 | -30 | 4 | 13 |
Quality Earnings: GWH is currently unprofitable.
Growing Profit Margin: GWH is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GWH is unprofitable, but has reduced losses over the past 5 years at a rate of 16.1% per year.
Accelerating Growth: Unable to compare GWH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GWH is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (5.1%).
Return on Equity
High ROE: GWH has a negative Return on Equity (-160.31%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:56 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ESS Tech, Inc. is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| George Gianarikas | Baird |
| Benjamin Kallo | Baird |
| Jonathan Dorsheimer | Canaccord Genuity |