ESS Tech reports FY2024 revenue of $6.3M, misses guidance; reaches Energy Center cost target early

ESS Tech, Inc.

2025-Q1 EPS reported -$1.50 revenue$599,000

FY2024 revenue of $6.3M was below the low end of guidance due to partner funding delays.
Achieved breakeven profitability on latest Energy Center design in Q4, nearly a year ahead of schedule.
Delivered eight Energy Center systems to a major Florida utility; commissioning expected later in 2025.
Announced Energy Base, a new modular gigawatt-hour-scale LDES solution for grid-scale applications.
Global fleet surpassed 2 GWh of transacted energy; received UL 9540 certification and MESA compliance.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.