ESS Tech Revenue Jumps in Fiscal Q2

ESS Tech (NYSE:GWH), a company known for its iron flow long-duration energy storage batteries, released earnings for the second quarter of fiscal 2025 on August 14, 2025. The headline from the release was a significant increase in GAAP revenue, reaching $2.4 million and met analyst consensus. Although the company’s GAAP net loss narrowed sharply year over year, liquidity remains a top concern, with a period-end cash balance of just $0.8 million despite recent capital-raising moves. The quarter showed real operational progress and commercial traction. Source: Analyst estimates for the quarter provided by FactSet. ESS Tech designs and manufactures iron flow batteries for use in long-duration energy storage. These batteries are made to address the needs of renewable energy projects and modernize the electric grid, offering an alternative to lithium-ion batteries. The company’s flagship products use abundant materials, long-lasting components, and a proprietary Proton Pump which enables over 20,000 charge cycles without loss of performance.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool