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ESS Tech, Inc.

corporate_fare Company Profile

ESS Tech, Inc.

GWH·NYSE·Manufacturing·CIK 0001819438

ESS Tech, Inc. is a long-duration energy storage company that specializes in iron flow battery technology. The company designs and produces long-duration batteries primarily using earth-abundant materials. These batteries are designed to be cycled over 20,000 times without capacity fade, based on lab-scale results. The batteries operate using an electrolyte composed mainly of salt, iron, and water, making the products environmentally sustainable and substantially recyclable or reusable. ESS Tech's batteries offer flexibility to grid operators and provide energy assurance for commercial and industrial customers. The technology addresses energy delivery, duration, and cycle-life within a single battery platform. The company designs and builds this core technology, including battery stacks, electrolyte, and electrolyte health management solutions, into a core power train. This power train is then sold in their current product focus: the gigawatt-hour scale, fully configurable Energy Base and core power trains that can be assembled at the customer site into complete storage solutions. The company's original product offerings, the Energy Warehouse and Energy Center, are not currently for sale. ESS Tech's batteries are non-flammable and can operate in temperatures ranging from -15°C to 50°C with minimal auxiliary loads. ESS Tech, Inc. was founded in 2011 and became a publicly traded company through a business combination with ACON S2 Acquisition Corp.

ESS Tech, Inc. (NYSE:GWH) is a publicly traded company in the Manufacturing sector. Wiseek has independently scored 27 items for GWH at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-08, rated 7/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 17 rated 8 or above. Recent SEC coverage for GWH spans S-3, 8-K, 424B5, 10-Q.

Recent high-impact activity:

  • ESS Tech Registers 13.1M Warrant Shares for Resale, Adding Overhang to Distressed Stock
  • ESS Tech Closes $3.2M Offering with Warrants, Repays $1.5M Note
  • ESS Tech Prices $3.2M Offering at $0.50 with 12.8M Warrants
  • ESS Tech Raises $3.2M at $0.50/Share, Deep Discount to Market
  • ESS Tech Posts $15.6M Q2 Loss, Cash Drops to $10.8M, Going Concern Doubt Reiterated

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$1.58M
Net Income
-$63.44M
Diluted EPS
-$4.34
Op. Cash Flow
-$50.28M
Free Cash Flow
-$53.67M
Gross Profit
-$27.67M
Operating Income
-$57.41M
Cash & Equivalents
$14.48M
Debt / Equity
0.00×
Net Margin
-40.08×
Shares Outstanding
22.38M sh
Source: 10-K · filed 2026-03-05 · accession 0001819438-26-000012

Dilution Risk

Low risk

Filing-implied dilution signals for GWH, detected from its recent SEC filings · based on capital-structure filings through 2026-08-21.

2 recent capital raisesATM program1 shelf registration

Offering Closed · Use of Proceeds

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$0.3739 -0.01% today
52-week range · as of 2026-09-08 $0.3065 – $13.87
Market cap
$15.34M
Volume
339.2K (0.3× avg)
3-mo avg 1M
Live data · 2026-09-12 07:08 UTC · Market closed

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feed GWH - Latest Insights

GWH
Sep 08, 2026, 5:27 PM EDT
Filing Type: S-3
Importance Score:
7
Price at Filing: $0.3921
Real-time Price: $0.3739 info
Change: -$0.0182 (-5%) info
Market Cap: $15.34M info
GWH
Aug 21, 2026, 4:09 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.397
Real-time Price: $0.3739 info
Change: -$0.0231 (-6%) info
Market Cap: $15.34M info
GWH
Aug 20, 2026, 9:50 PM EDT
Filing Type: 424B5
Importance Score:
8
Price at Filing: $0.4061
Real-time Price: $0.3739 info
Change: -$0.0322 (-8%) info
Market Cap: $15.34M info
GWH
Aug 20, 2026, 1:11 PM EDT
Source: BusinessWire
Importance Score:
8
Price at Filing: $0.659
Real-time Price: $0.3739 info
Change: -$0.2851 (-43%) info
Market Cap: $15.34M info
GWH
Aug 11, 2026, 4:21 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $0.595
Real-time Price: $0.3739 info
Change: -$0.2211 (-37%) info
Market Cap: $15.34M info
GWH
Aug 11, 2026, 4:20 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $0.6155
Real-time Price: $0.3739 info
Change: -$0.2416 (-39%) info
Market Cap: $15.34M info
GWH
Aug 11, 2026, 4:10 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.5975
Real-time Price: $0.3739 info
Change: -$0.2236 (-37%) info
Market Cap: $15.34M info
GWH
Aug 06, 2026, 8:36 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.7401
Real-time Price: $0.3739 info
Change: -$0.3662 (-49%) info
Market Cap: $15.34M info
GWH
Jul 22, 2026, 8:31 AM EDT
Source: BusinessWire
Importance Score:
8
Price at Filing: $0.837
Real-time Price: $0.3739 info
Change: -$0.4631 (-55%) info
Market Cap: $15.34M info
GWH
Jul 01, 2026, 4:23 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $0.9222
Real-time Price: $0.3739 info
Change: -$0.5483 (-59%) info
Market Cap: $15.34M info
GWH
Jul 01, 2026, 4:15 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.9222
Real-time Price: $0.3739 info
Change: -$0.5483 (-59%) info
Market Cap: $15.34M info
GWH
Jun 23, 2026, 8:36 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.7524
Real-time Price: $0.3739 info
Change: -$0.3785 (-50%) info
Market Cap: $15.34M info
GWH
Jun 18, 2026, 5:27 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.785
Real-time Price: $0.3739 info
Change: -$0.4111 (-52%) info
Market Cap: $15.34M info
GWH
Jun 15, 2026, 9:03 AM EDT
Source: Wiseek News
Importance Score:
9
Price at Filing: $0.900
Real-time Price: $0.3739 info
Change: -$0.5261 (-58%) info
Market Cap: $15.34M info
GWH
Jun 15, 2026, 8:59 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.900
Real-time Price: $0.3739 info
Change: -$0.5261 (-58%) info
Market Cap: $15.34M info
GWH
Jun 08, 2026, 5:40 PM EDT
Filing Type: 4
Importance Score:
7
Price at Filing: $0.890
Real-time Price: $0.3739 info
Change: -$0.5161 (-58%) info
Market Cap: $15.34M info
GWH
May 07, 2026, 4:37 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $1.05
Real-time Price: $0.3739 info
Change: -$0.6761 (-64%) info
Market Cap: $15.34M info
GWH
May 07, 2026, 4:31 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $1.05
Real-time Price: $0.3739 info
Change: -$0.6761 (-64%) info
Market Cap: $15.34M info
GWH
May 07, 2026, 4:26 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $1.06
Real-time Price: $0.3739 info
Change: -$0.6861 (-65%) info
Market Cap: $15.34M info
GWH
May 05, 2026, 8:30 AM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $1.11
Real-time Price: $0.3739 info
Change: -$0.7361 (-66%) info
Market Cap: $15.34M info
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