NYSE$GWH

Ess Tech Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Ess Tech Inc reported Q2 2025 results with $2.4 million in revenue and an $11.1 million net loss.

Ess Tech Inc posted total revenue of $2.4 million for the three months ended June 30, 2025, driven primarily by related-party sales of energy storage systems. The company recorded a gross loss of $5.1 million and a net loss of $11.1 million, reflecting ongoing operating expenses and manufacturing costs. Cash and cash equivalents stood at $0.8 million at quarter end amid continued investment in operations.

  • Q2 revenue reached $2.4 million, up significantly from $0.3 million in the prior-year quarter, largely from related-party product sales.
  • Gross loss improved to $5.1 million from $11.4 million year-over-year due to lower net realizable value adjustments.
  • Net loss narrowed to $11.1 million compared to $21.9 million in Q2 2024, supported by reduced operating expenses.
  • Cash position declined to $0.8 million, highlighting ongoing liquidity needs and reliance on financing activities.

Headline financials

Total Revenue

$2.36M

Previous: $348K+577.6%
EPS (adj)

-$0.90

Previous: -$0.12-650.0%
Stock-based compensation expense

$1.67M

Previous: $3.03M-44.8%
Capital Expenditures

-$1.49M

Previous: -$1.57M+4.7%
Net Income

-$11.1M

Previous: -$21.9M+49.6%
Operating Income

-$11.6M

Previous: -$23.1M+50.0%
Gross Profit

-$5.1M

Previous: -$11.4M+55.3%
Cash & Equivalents

$797K

No prior period
Total Assets

$39.6M

No prior period

Revenue & EPS history

ESS Tech · Revenue · Quarterly

$2.36M

Q2 2025+577.6%vs Q2 2024
Beat estimate in 2 of 15 quarters(13%)
ActualEstimate

Revenue by segment

ESS Tech · $1 total across 1 segment · Q1 2023

  • Revenue - Related Parties
    $1

Forward guidance

The company continues to focus on cost reduction and capital raising to support operations.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-4.1%

Avg return

Earnings day

-9.7%

Avg return

5 days after

-16.4%

Avg return

30 days after

19%

4 / 21 earnings

Positive

+31.3%

Q1 2022

Best reaction

-34.5%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-2.6%-33.1%-21.8%
Q4 2025-4.4%-3.7%-11.0%
Q3 2025-34.5%-40.7%-50.8%
Q1 2025-15.2%-28.1%-58.6%
Q4 2024-12.6%-27.0%-27.6%
Q3 2024-19.5%-46.0%-44.1%
Q2 2024-12.9%-16.5%-45.8%
Q1 2024-10.9%-16.0%-18.5%
Q4 2023-5.8%-19.5%-17.8%
Q3 2023-7.2%-11.2%-6.4%
Q2 2023-4.1%-20.9%-11.0%
Q1 2023+13.8%+0.0%+22.9%
Q4 2022-8.2%-13.7%-23.6%
Q3 2022-4.9%-9.3%-13.1%
Q2 2022+13.5%+18.3%-6.9%
Q1 2022+31.3%+46.4%-14.1%
Q4 2021+12.1%+25.6%+43.2%
Q2 2021-12.5%-8.9%-27.6%
Q3 2021-1.1%-0.3%-13.1%
Q1 2021+0.0%+0.5%+0.7%
Q4 2020-0.9%-0.4%-0.1%
Q3 2020
Q2 2020
Q1 2020

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