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
DateValue
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