Company / Working Capital
ESS Tech, Inc. Working Capital History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$955.0K
FY2025
5-year range
$955.0K / $231.9M
FY2021-FY2025
Trend
-93.9%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Working Capital has declined for 4 consecutive years, from $232M in FY2021 to $955,000 in FY2025.
Based on SEC 10-K filings.
$955,000 in FY2025 with a 3-year CAGR of -80.2%.
Declined from $98M to $955,000 over the past 2 years.
Working Capital over time
Growth rates
- 3-Year CAGR
- -80.2%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- ESS Tech, Inc.'s working capital has declined for 4 consecutive years.
- 3-year CAGR of -80.2%, indicating a declining trend.
- In FY2025, working capital decreased 93.9% year-over-year.
- Peak working capital was recorded in FY2021.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -17.36 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $955.0K | -93.9% |
| FY2024 | $15.8M | -84.0% |
| FY2023 | $98.3M | -20.5% |
| FY2022 | $123.6M | -46.7% |
| FY2021 | $231.9M | - |
As of FY2025 · SEC Form 10-K · Last checked Jun 22, 2026