
GWH Earnings
ESS Tech Inc
- Overview
- Forecast
- Valuation
- Earnings
Earning Analysis
Welcome to our in-depth analysis of ESS Tech Inc(GWH) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of ESS Tech Inc earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
FY2025Q2 | 2025-08-14 | After Hours | -0.88 | - | - | 2.40M | - | - | - | - |
FY2025Q1 | 2025-05-15 | After Hours | -1.66 | -1.50 | +9.64 | 3.45M | 599.00K | -82.66 | -16.41 | -28.12 |
FY2024Q4 | 2025-03-31 | After Hours | -1.50 | -1.97 | -31.33 | 5.59M | 2.85M | -49.03 | -12.58 | -26.99 |
FY2024Q2 | 2024-08-14 | After Hours | -0.11 | -0.12 | -9.09 | 3.49M | 348.00K | -90.03 | -13.02 | -14.52 |
FY2024Q1 | 2024-05-07 | - | -0.13 | -0.10 | +23.08 | 3.22M | 2.74M | -14.99 | +4.77 | -13.39 |
FY2023Q4 | 2024-03-13 | - | -0.13 | -0.09 | +30.77 | 4.03M | 2.80M | -30.56 | -0.73 | -16.71 |
FY2023Q3 | 2023-11-07 | - | -0.15 | -0.11 | +26.67 | 3.12M | 1.55M | -50.54 | +2.40 | -8.00 |
- | 2023-05-09 | - | -0.17 | -0.14 | +17.65 | - | - | - | +4.59 | -21.10 |
- | 2023-03-01 | - | -0.18 | -0.16 | +11.11 | - | - | - | -11.54 | -23.63 |
- | 2022-08-11 | - | -0.16 | -0.10 | +37.50 | - | - | - | -4.13 | +5.50 |
GWH Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, ESS Tech Inc reported performance for FY2025Q2, announced on 2025-08-14. The company achieved an EPS of , compared to analyst estimates of -0.88 by % . Revenue for the quarter reached 0.00 compared to expectations of 2.40M by % .
The stock price reacted with a % one-day change and a % five-day change following the earnings release. These movements reflect market reaction in ESS Tech Inc growth trajectory and strategic initiatives.
GWH Earnings Forecast
Looking ahead, ESS Tech Inc(GWH) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q2 project quarter revenue of 2.40M and an EPS of -0.88.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Upward by 42.86%, while EPS estimates have been Revise Downward by -0.59%. For the upcoming Q2 2025, revenue estimates have been adjusted Revise Upward by 300% . These revisions correlate with a -38.57% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in ESS Tech Inc long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between GWH's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Upward

+42.86%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward

-0.59%
In Past 3 Month
Revenue Estimates for Q2 2025
Revise Upward

+300%
In Past 3 Month
Stock Price
Go Down

-38.57%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
--
Revenue Estimate-Annual FY 2025:6.00M
--
EPS Estimate-Annual FY 2025:-4.20
—
Stock Price1.72
GWH Revenue and EPS Performance: A Historical Perspective
ESS Tech Inc revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q2 (2025-08-14,After Hours):
EPS: (Actual) vs.-0.88 (Estimate) (%)
Revenue: 0.00 (Actual) vs. 2.40M (Estimate) (%)
Price Reaction: %(1-Day), %(5-Day)
FY2025Q1 (2025-05-15,After Hours):
EPS: -1.50 (Actual) vs.-1.66 (Estimate) (9.64%)
Revenue: 599.00K (Actual) vs. 3.45M (Estimate) (-82.66%)
Price Reaction: -16.41%(1-Day), -28.12%(5-Day)
FY2024Q4 (2025-03-31,After Hours):
EPS: -1.97 (Actual) vs.-1.50 (Estimate) (-31.33%)
Revenue: 2.85M (Actual) vs. 5.59M (Estimate) (-49.03%)
Price Reaction: -12.58%(1-Day), -26.99%(5-Day)
Earnings Reaction
The chart below shows how GWH performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GWH sees a +1.70% change in stock price 10 days leading up to the earnings, and a -17.54% change 10 days following the report. On the earnings day itself, the stock moves by -1.54%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in MAR/2025, the stock changed -16.41% on the day following the earnings release and then changed by -33.59% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
ESS Tech Inc (GWH) Q1 2025 Earnings Call Summary
Negative
2025-05-17
The earnings call reflects financial instability with an EPS miss and challenges in capital raising due to macroeconomic uncertainties. Despite cost reduction efforts and partnerships, ongoing cash burn and competition pose significant risks. The Q&A highlights dependency on capital raise for future growth, unclear project timelines, and limited shareholder returns, leading to a negative sentiment.
ESS Tech Inc (GWH) Q1 2025 Earnings Call Summary
Negative
2025-05-15
The earnings call reveals several concerning factors: difficulties in raising capital, competitive pressures, and significant operational risks. The company has not announced any shareholder returns, and financial performance shows high costs and negative EBITDA. Although there is optimism for the second half of 2025, current challenges and lack of immediate positive catalysts suggest a negative sentiment. The Q&A highlighted uncertainties, particularly regarding cash runway and strategic partnerships. Without clear guidance or immediate positive developments, the stock is likely to see a negative reaction in the short term.
ESS Tech Inc (GWH) Q1 2025 Earnings Call Summary
Negative
2025-05-15
The earnings call reveals financial struggles with high costs and negative EBITDA, compounded by market and legislative risks. The absence of a shareholder return plan and reliance on a capital raise for production ramp-up are concerning. Despite some positive aspects like domestic manufacturing and strategic partnerships, the overall sentiment is negative due to operational risks and delays, especially in securing funding and project execution. The Q&A section highlights uncertainties in cash runway and project timelines, further dampening investor confidence.
ESS Tech Inc (GWH) Q4 2024 Earnings Call Summary
Negative
2025-04-01
The earnings call reveals several negative aspects: a significant drop in revenue, inability to provide guidance, and challenges in securing capital. While there are efforts to improve cash flow and reduce costs, the lack of clear revenue guidance and ongoing cash burn concerns are worrying. The absence of shareholder return initiatives like dividends or buybacks further dampens sentiment. Despite a $50 million financing package, the overall outlook remains negative due to financial underperformance and uncertainties in market demand.
ESS Tech Inc (GWH) Q4 2024 Earnings Call Summary
Negative
2025-03-31
The earnings call highlights several concerns: a significant revenue decline, negative EBITDA, ongoing cash burn, and a going concern disclosure. Despite cost reductions and a new financing agreement, the lack of clear guidance and competitive pressures weigh heavily. The Q&A reveals moderate revenue growth expectations and unclear management responses, further dampening sentiment. The shareholder return plan lacks repurchase or dividend programs, and the capital raise indicates financial strain. These factors suggest a negative outlook for stock performance.
ESS Tech Inc (GWH) Q4 2024 Earnings Call Summary
Negative
2025-03-31
The earnings call summary reveals weak financial performance, with a significant decline in revenue and negative EBITDA. The absence of guidance for 2025 and ongoing financial instability concerns, including a going concern disclosure, further contribute to a negative outlook. Although there are cost reduction achievements and financing efforts, the lack of clarity on future projections and the need for capital raises overshadow these positives. The Q&A section highlights management's unclear responses, particularly regarding revenue guidance and capital needs, reinforcing a negative sentiment.
ESS Tech, Inc. (GWH) Q3 2024 Earnings Call Summary
Neutral
2024-11-14
The earnings call presents a mixed outlook. While there are positive developments such as cost reductions, a new credit agreement, and production capacity expansion, significant challenges persist. These include revenue declines, supply chain issues, and economic uncertainties. The Q&A reveals management's reluctance to provide clear guidance, suggesting ongoing uncertainties. Despite some positive elements like the EXIM agreement and production tax credits, the company's going concern disclosure and competitive pressures weigh heavily. Overall, the sentiment is neutral, reflecting a balance between potential growth and significant risks.
ESS Tech, Inc. (GWH) Q2 2024 Earnings Call Summary
Neutral
2024-08-14
Basic Financial Performance: 2 - Revenue decreased, high costs.
Product Development and Business Update: 4 - New partnership, capacity expansion.
Market Strategy: 3 - Competitive pressures, mixed customer growth.
Expenses and Financial Health: 3 - Funding agreement, but liquidity risks.
Shareholder Return Plan: 2 - Reverse stock split indicates compliance issues.
Q&A Insights: Analysts showed mixed sentiment; delays in revenue recognition due to external factors.
Refinements: New partnership boosts short-term outlook; weak financial results but optimistic guidance. Overall, neutral sentiment due to mixed signals.
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FAQ

What were the key highlights of GWH’s latest earnings report for FY2025Q2?
GWH reported its FY2025Q2 earnings on 2025-08-14, showcasing a revenue of 0.00 against an estimate of 2.40M, resulting in a 0% surprise. The EPS was 0, surpassing the expected -0.88 by 0% . The stock experienced a 0% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.

How did GWH’s stock price react after the FY2025Q2 earnings release?

What are the revenue and EPS estimates for GWH for 2025/Q2?

How does GWH’s stock price correlate with earnings forecast revisions?

What should investors expect from GWH’s next earnings report?
