ESS Tech (GWH-WT) Accumulated Expenses (2020 - 2026)
ESS Tech (GWH-WT) recorded quarterly Accumulated Expenses of $985000.0 in Q1 2026, little changed quarter-over-quarter from $985000.0 in Q4 2025, and down 51.43% on a YoY basis from $2.0 million in Q1 2025.
ESS Tech (GWH-WT) Accumulated Expenses (2020 - 2026) Analysis & Trends
ESS Tech's Accumulated Expenses history runs 7 years deep, the most recent figure standing at $985000.0 for Q1 2026.
- In Q1 2026, Accumulated Expenses fell 51.43% year-over-year to $985000.0; the TTM figure through Mar 2026 stood at $985000.0 (down 51.43% YoY), while the FY2025 annual figure was $985000.0, down 70.04% from the prior year.
- Accumulated Expenses was $985000.0 for Q1 2026 at ESS Tech, roughly flat from $985000.0 in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $8.1 million in Q3 2025 to a low of $985000.0 in Q4 2025.
- Historically, Accumulated Expenses has averaged $2.8 million across 5 years, with a median of $2.4 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Accumulated Expenses soared 340.67% in 2023, then plunged 70.04% in 2025.
- A 5-year view of Accumulated Expenses shows it stood at $1.6 million in 2022, then grew by 29.58% to $2.1 million in 2023, then surged by 54.44% to $3.3 million in 2024, then slumped by 70.04% to $985000.0 in 2025, then changed by 0.0% to $985000.0 in 2026.
- The last three Accumulated Expenses figures came in at $985000.0 (Q1 2026), $985000.0 (Q4 2025), and $8.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn |
| 10 | ESS Tech | - | - | -7.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 985,000.00 |
| Dec 31, 2025 | 985,000.00 |
| Sep 30, 2025 | 8.14 Mn |
| Jun 30, 2025 | 2.20 Mn |
| Mar 31, 2025 | 2.03 Mn |
| Dec 31, 2024 | 3.29 Mn |
| Sep 30, 2024 | 3.30 Mn |
| Jun 30, 2024 | 3.24 Mn |
| Mar 31, 2024 | 3.32 Mn |
| Dec 31, 2023 | 2.13 Mn |
| Sep 30, 2023 | 2.64 Mn |
| Jun 30, 2023 | 5.10 Mn |
| Mar 31, 2023 | 2.87 Mn |
| Dec 31, 2022 | 1.64 Mn |
| Sep 30, 2022 | 1.15 Mn |
| Jun 30, 2022 | 1.16 Mn |
| Mar 31, 2021 | 103,175.00 |
| Sep 30, 2020 | 395,000.00 |