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| Date | Value |
|---|---|
| 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 |