ESS Tech (GWH-WT) Capital Expenditures (2021 - 2026)

ESS Tech (GWH-WT) recorded quarterly Capital Expenditures of $19000.0 in Q1 2026, up 100.84% quarter-over-quarter from -$2.3 million in Q4 2025, and down 97.51% on a YoY basis from $762000.0 in Q1 2025.

ESS Tech (GWH-WT) Capital Expenditures (2021 - 2026) Analysis & Trends

ESS Tech's Capital Expenditures history runs 6 years deep, the most recent figure standing at $19000.0 for Q1 2026.

  • In Q1 2026, Capital Expenditures fell 97.51% year-over-year to $19000.0; the TTM figure through Mar 2026 stood at -$715000.0 (down 139.05% YoY), while the FY2025 annual figure was $28000.0, down 98.23% from the prior year.
  • Capital Expenditures was $19000.0 for Q1 2026 at ESS Tech, up from -$2.3 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $4.0 million in Q1 2022 to a low of -$3.5 million in Q4 2023.
  • Historically, Capital Expenditures has averaged $217352.9 across 5 years, with a median of $517000.0 in 2024.
  • Biggest YoY gain for Capital Expenditures was 18268.18% in 2022; the steepest drop was 14040.0% in 2022.
  • A 5-year view of Capital Expenditures shows it stood at -$360000.0 in 2022, then tumbled by 873.61% to -$3.5 million in 2023, then surged by 36.18% to -$2.2 million in 2024, then dropped by 1.7% to -$2.3 million in 2025, then soared by 100.84% to $19000.0 in 2026.
  • The last three Capital Expenditures figures came in at $19000.0 (Q1 2026), -$2.3 million (Q4 2025), and -$2.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Novonix 472.68 Bn 472.63 Bn - -
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn 1.40 Mn
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn 26.18 Mn
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn 36.10 Mn
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn 40.60 Mn
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn 36.60 Mn
7 Powell Industries 10.72 Bn 10.17 Bn 87.94 Mn 1.83 Mn
8 Ballard Power Systems 10.33 Bn 9.80 Bn 5.64 Mn 15.91 Mn
9 Acuity Inc. (De) 9.04 Bn 8.77 Bn 520.40 Mn 15.80 Mn
10 ESS Tech - - -7.04 Mn 19,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 19,000.00
Mar 31, 2026 19,000.00
Dec 31, 2025 -2.28 Mn
Dec 31, 2025 -2.28 Mn
Sep 30, 2025 -1.97 Mn
Sep 30, 2025 -1.97 Mn
Jun 30, 2025 3.52 Mn
Jun 30, 2025 3.52 Mn
Mar 31, 2025 762,000.00
Mar 31, 2025 762,000.00
Dec 31, 2024 -2.24 Mn
Dec 31, 2024 -2.24 Mn
Sep 30, 2024 2.26 Mn
Sep 30, 2024 2.26 Mn
Jun 30, 2024 1.05 Mn
Jun 30, 2024 1.05 Mn
Mar 31, 2024 517,000.00
Mar 31, 2024 517,000.00
Dec 31, 2023 -3.51 Mn
Dec 31, 2023 -3.51 Mn