ESS Tech Past Earnings Performance
Past criteria checks 0/6
ESS Tech has been growing earnings at an average annual rate of 6.1%, while the Electrical industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 131.2% per year.
Key information
6.1%
Earnings growth rate
28.9%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | 131.2% |
| Return on equity | -75.1% |
| Net Margin | -1,028.9% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Is ESS Tech, Inc. (NYSE:GWH) Potentially Undervalued?
Mar 15
ESS 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 BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 8 | -78 | 30 | 44 |
| 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 6.1% 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 (23.1%).
Return on Equity
High ROE: GWH has a negative Return on Equity (-75.06%), as it is currently unprofitable.