ESS Tech annual operating margin
2022
2023
2024
2025
ESS Tech Operating Margin Growth & History (GWH)
ESS Tech's operating margin was −3,626.47% for fiscal 2025.
View full ESS Tech company overviewESS Tech annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −3,626.47% | −2199.97 pp |
| 2024 | 2024-12-31 | −1,426.50% | −287.17 pp |
| 2023 | 2023-12-31 | −1,139.32% | +10660.68 pp |
| 2022 | 2022-12-31 | −11,800.00% | — |
ESS Tech quarterly operating margin
Q2.22
Q3.22
Q4.22
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 | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −20,731.51% | −17702.12 pp |
| Q1 2026 | 2026-03-31 | −10,765.63% | −9941.17 pp |
| Q3 2025 | 2025-09-30 | −4,584.58% | +2012.08 pp |
| Q2 2025 | 2025-06-30 | −490.12% | +6155.00 pp |
| Q1 2025 | 2025-03-31 | −3,029.38% | −2317.40 pp |
| Q4 2024 | 2024-12-31 | −824.46% | −142.59 pp |
| Q3 2024 | 2024-09-30 | −6,596.66% | −5422.94 pp |
| Q2 2024 | 2024-06-30 | −6,645.11% | −5788.84 pp |
| Q1 2024 | 2024-03-31 | −711.98% | +5873.77 pp |
| Q4 2023 | 2023-12-31 | −681.87% | +195549.38 pp |
| Q3 2023 | 2023-09-30 | −1,173.72% | +13269.51 pp |
| Q2 2023 | 2023-06-30 | −856.28% | +2667.92 pp |
| Q1 2023 | 2023-03-31 | −6,585.75% | — |
| Q4 2022 | 2022-12-31 | −196,231.25% | — |
| Q3 2022 | 2022-09-30 | −14,443.23% | — |
| Q2 2022 | 2022-06-30 | −3,524.20% | — |
ESS Tech operating margin trends
Across the available reported history, ESS Tech's operating margin decreased from −1,426.50% to −3,626.47%, a change of −2199.97 percentage points. The latest reported quarter, Q2 2026, shows −20,731.51%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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 ↗