Q2 FY2026 EarningsQ2 FY26 missed consensus on top and bottom lines: revenue was $73K vs. $100K expected, and Diluted EPS (GAAP) was -$0.46 vs. -$0.44. While total revenue fell 97% YoY due to minimal equipment deliveries, the company shifted focus to its new sodium-ion 'Bridge' system and announced a non-binding strategic business combination at a $515M enterprise value. A significant miss in Operating Cash Flow ($22.4M burn for H1 vs. $11M expected for Q2) highlights ongoing liquidity pressure, with cash declining to $5.6M as of July 31.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: ESS Tech(GWH) the Revenue is 73 K (-96.9%), Miss estimate;the EBIT is -15.13 M (-30.95%), Miss estimate;the EPS is -0.46 (+48.89%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.00B96.90%
0.00B95.76%
-0.00B1.14%
EBITMiss expectations
-0.02B30.95%
-0.01B20.27%
-0.00B10.68%
EPSMiss expectations
-0.4648.89%
-0.4451.11%
-0.02002.22%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf