Ess Tech, Inc. ( (GWH) ) has released its Q3 earnings. Here is a breakdown of the information Ess Tech, Inc. presented to its investors.
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ESS Tech, Inc. is a leading manufacturer of long-duration energy storage systems, specializing in iron flow technology to support commercial and utility-scale applications, with a focus on enhancing energy security and decarbonization.
In its third quarter of 2025, ESS Tech, Inc. reported significant strategic advancements, including a 50 MWh pilot project with Salt River Project and securing $40 million in financing to bolster its capital position and support manufacturing readiness.
Key financial highlights include a net loss of $10.4 million for the quarter, a decrease from the previous year’s loss, and total revenue of $214,000. The company also announced plans for a $75 million at-the-market program to ensure flexible capital access as it scales operations.
ESS Tech, Inc. is focused on executing its strategic plan into 2026, with goals to fulfill the SRP pilot program, scale manufacturing, and lay the groundwork for broader commercialization. The company plans to provide further updates during its Investor Day in January 2026.
Looking forward, ESS Tech, Inc. aims to demonstrate the performance and reliability of its Energy Base platform, positioning itself for growth in the digital infrastructure sector and supporting a resilient, decarbonized grid.