ESS Tech annual gross margin
2022
2023
2024
2025
ESS Tech Gross Margin Growth & History (GWH)
ESS Tech's gross margin was −1,748.07% for fiscal 2025.
View full ESS Tech company overviewESS Tech annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −1,748.07% | −1027.53 pp |
| 2024 | 2024-12-31 | −720.54% | −548.72 pp |
| 2023 | 2023-12-31 | −171.82% | −271.82 pp |
| 2022 | 2022-12-31 | 100.00% | — |
ESS Tech quarterly gross margin
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −10,165.75% | −8805.65 pp |
| Q1 2026 | 2026-03-31 | −5,498.44% | −5035.70 pp |
| Q3 2025 | 2025-09-30 | −2,207.94% | +1241.08 pp |
| Q2 2025 | 2025-06-30 | −216.33% | +3059.53 pp |
| Q1 2025 | 2025-03-31 | −1,360.10% | −1053.75 pp |
| Q4 2024 | 2024-12-31 | −462.74% | −193.92 pp |
| Q3 2024 | 2024-09-30 | −3,449.03% | −2889.93 pp |
| Q2 2024 | 2024-06-30 | −3,275.86% | −3375.86 pp |
| Q1 2024 | 2024-03-31 | −306.36% | −406.36 pp |
| Q4 2023 | 2023-12-31 | −268.81% | −368.81 pp |
| Q3 2023 | 2023-09-30 | −559.09% | — |
| Q2 2023 | 2023-06-30 | 100.00% | — |
| Q1 2023 | 2023-03-31 | 100.00% | — |
| Q3 2022 | 2022-09-30 | 100.00% | — |
ESS Tech gross margin trends
Across the available reported history, ESS Tech's gross margin decreased from −720.54% to −1,748.07%, a change of −1027.53 percentage points. The latest reported quarter, Q2 2026, shows −10,165.75%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review ESS Tech filings at SEC.gov ↗