
ESS Tech Inc
NYSE:GWH

Income Statement
Earnings Waterfall
ESS Tech Inc
Revenue
|
6.3m
USD
|
Cost of Revenue
|
-51.7m
USD
|
Gross Profit
|
-45.4m
USD
|
Operating Expenses
|
-44.4m
USD
|
Operating Income
|
-89.8m
USD
|
Other Expenses
|
3.6m
USD
|
Net Income
|
-86.2m
USD
|
Income Statement
ESS Tech Inc
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
0
N/A
|
0
N/A
|
1
N/A
|
1
+28%
|
1
+1%
|
1
+43%
|
3
+169%
|
5
+40%
|
8
+58%
|
10
+31%
|
7
-25%
|
6
-16%
|
6
+1%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
(20)
|
(32)
|
(43)
|
(46)
|
(52)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
(9)
N/A
|
(13)
-50%
|
(25)
-89%
|
(36)
-46%
|
(40)
-10%
|
(45)
-14%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(61)
|
(64)
|
(89)
|
(106)
|
(106)
|
(109)
|
(111)
|
(93)
|
(73)
|
(59)
|
(44)
|
(46)
|
(44)
|
|
Selling, General & Administrative |
(30)
|
(33)
|
(42)
|
(46)
|
(34)
|
(32)
|
(31)
|
(31)
|
(30)
|
(31)
|
(32)
|
(33)
|
(33)
|
|
Research & Development |
(30)
|
(31)
|
(47)
|
(60)
|
(72)
|
(77)
|
(80)
|
(62)
|
(43)
|
(28)
|
(12)
|
(13)
|
(12)
|
|
Operating Income |
(61)
N/A
|
(64)
-6%
|
(89)
-38%
|
(105)
-19%
|
(105)
0%
|
(108)
-2%
|
(108)
0%
|
(98)
+9%
|
(86)
+13%
|
(81)
+6%
|
(80)
+1%
|
(85)
-7%
|
(90)
-5%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
(225)
|
(12)
|
(11)
|
28
|
2
|
5
|
5
|
6
|
8
|
7
|
7
|
6
|
4
|
|
Total Other Income |
(191)
|
(161)
|
(153)
|
(156)
|
25
|
9
|
1
|
6
|
1
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(477)
N/A
|
(237)
+50%
|
(253)
-7%
|
(233)
+8%
|
(78)
+67%
|
(94)
-21%
|
(102)
-8%
|
(87)
+15%
|
(78)
+10%
|
(74)
+5%
|
(73)
+1%
|
(79)
-8%
|
(86)
-9%
|
|
Net Income | ||||||||||||||
Income from Continuing Operations |
(477)
|
(237)
|
(253)
|
(233)
|
(78)
|
(94)
|
(102)
|
(87)
|
(78)
|
(74)
|
(73)
|
(79)
|
(86)
|
|
Net Income (Common) |
(477)
N/A
|
(237)
+50%
|
(253)
-7%
|
(233)
+8%
|
(78)
+67%
|
(94)
-21%
|
(102)
-8%
|
(87)
+15%
|
(78)
+10%
|
(74)
+5%
|
(73)
+1%
|
(79)
-8%
|
(86)
-9%
|
|
EPS (Diluted) |
-3.14
N/A
|
-1.56
+50%
|
-1.65
-6%
|
-1.54
+7%
|
-0.51
+67%
|
-0.61
-20%
|
-0.66
-8%
|
-0.56
+15%
|
-7.27
-1 198%
|
-0.42
+94%
|
-0.43
-2%
|
-6.67
-1 451%
|
-7.32
-10%
|