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ESS Tech, Inc. (GWH)

For the quarter ending 2025-06-30, GWH made $2,358K in revenue. -$11,056K in net income. Net profit margin of -468.87%.

Overview

Revenue
$2,358K
Net Income
-$11,056K
Net Profit Margin
-468.87%
EPS
-$0.9
Unit: Thousand (K) dollars
Revenue Breakdown
    • Product
    • Service

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenue2,358 599 359 348
Cost of revenue7,459 8,746 12,741 11,748
Gross profit (loss)-5,101 -8,147 -12,382 -11,400
Sales and marketing1,304 1,950 2,529 2,711
Research and development1,424 2,478 2,684 2,836
General and administrative3,728 5,571 6,087 6,178
Total operating expenses6,456 9,999 11,300 11,725
Loss from operations-11,557 -18,146 -23,682 -23,125
Other income (expense), net12 19 39 18
Interest income, net30 216 807 1,052
Gain on revaluation of common stock warrant liabilities-459 115 -343 -115
Total other income, net501 120 1,189 1,185
Net loss to common stockholders-11,056 -18,026 -22,493 -21,940
Net loss per share - basic (in usd per share)-0.9 -1.5 -1.9 -0.12
Net loss per share - diluted (in usd per share)-0.9 -1.5 -1.9 -0.12
Weighted average shares used in per share calculation, basic (in shares)12,271,587 12,033,442 11,814,580 175,758,584
Weighted average shares used in per share calculation, diluted (in shares)12,271,587 12,033,442 11,814,580 175,758,584
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Gain on revaluationof common stock...-$459K (-299.13%↓ Y/Y)Interest income, net$30K (-97.15%↓ Y/Y)Other income(expense), net$12K (-33.33%↓ Y/Y)Net loss to commonstockholders-$11,056K (49.61%↑ Y/Y)Total other income,net$501K (-57.72%↓ Y/Y)Loss from operations-$11,557K (50.02%↑ Y/Y)Product$2,337K Service$32K Gross profit (loss)-$5,101K (55.25%↑ Y/Y)Total operatingexpenses$6,456K (-44.94%↓ Y/Y)Total revenue$2,358K (577.59%↑ Y/Y)Other Product OrService-$11K Cost of revenue$7,459K (-36.51%↓ Y/Y)General andadministrative$3,728K (-39.66%↓ Y/Y)Research and development$1,424K (-49.79%↓ Y/Y)Sales and marketing$1,304K (-51.90%↓ Y/Y)