ESS Tech Inc Reports Q3 Revenue of $214,000
ESS Tech Inc. reported total revenue of $0.2 million for the third quarter of 2025, compared to $0.4 million in the same period of 2024. For the nine months ended September 30, 2025, total revenue was $3.2 million, slightly down from $3.4 million in the prior year period. The company recorded a net loss of $10.4 million for the third quarter of 2025, compared to a net loss of $22.5 million for the third quarter of 2024. For the first nine months of 2025, net loss was $39.5 million, down from $62.7 million in the same period of 2024. Cost of revenue for the third quarter of 2025 was $4.9 million, and $21.1 million for the nine-month period. Cash and cash equivalents as of September 30, 2025, were $3.5 million, compared to $13.3 million at December 31, 2024. ESS Tech continues to provide energy storage solutions using iron flow technology to address energy security and reliability.
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