ESS Tech (GWH-WT) Change in Accured Expenses (2020 - 2026)
ESS Tech (GWH-WT) recorded quarterly Change in Accured Expenses of -$2.3 million in Q1 2026, down 237.08% quarter-over-quarter from $1.7 million in Q4 2025, and up 25.14% on a YoY basis from -$1.8 million in Q1 2025.
ESS Tech (GWH-WT) Change in Accured Expenses (2020 - 2026) Analysis & Trends
ESS Tech's Change in Accured Expenses history runs 7 years deep, the most recent figure standing at -$2.3 million for Q1 2026.
- In Q1 2026, Change in Accured Expenses rose 25.14% year-over-year to -$2.3 million; the TTM figure through Mar 2026 stood at -$2.1 million (down 1550.79% YoY), while the FY2025 annual figure was -$2.8 million, down 152.98% from the prior year.
- Change in Accured Expenses was -$2.3 million for Q1 2026 at ESS Tech, down from $1.7 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $3.6 million in Q3 2022 to a low of -$4.7 million in Q1 2023.
- Historically, Change in Accured Expenses has averaged -$165823.5 across 5 years, with a median of $423000.0 in 2023.
- The sharpest annual moves came in 2022 and 2023: Change in Accured Expenses soared 10249.07% in 2022, then sank 1206.18% in 2023.
- A 5-year view of Change in Accured Expenses shows it stood at $1.3 million in 2022, then declined by 26.66% to $927000.0 in 2023, then slumped by 210.9% to -$1.0 million in 2024, then surged by 260.8% to $1.7 million in 2025, then tumbled by 237.08% to -$2.3 million in 2026.
- The last three Change in Accured Expenses figures came in at -$2.3 million (Q1 2026), $1.7 million (Q4 2025), and -$3.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | - |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | -95.40 Mn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | -1.37 Mn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | -50.70 Mn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | -25.70 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 | 7.91 Mn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | - |
| 10 | ESS Tech | - | - | -7.04 Mn | -2.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.27 Mn |
| Mar 31, 2026 | -2.27 Mn |
| Dec 31, 2025 | 1.65 Mn |
| Dec 31, 2025 | 1.65 Mn |
| Sep 30, 2025 | -3.03 Mn |
| Sep 30, 2025 | -3.03 Mn |
| Jun 30, 2025 | 1.56 Mn |
| Jun 30, 2025 | 1.56 Mn |
| Mar 31, 2025 | -3.03 Mn |
| Mar 31, 2025 | -3.03 Mn |
| Dec 31, 2024 | -1.03 Mn |
| Dec 31, 2024 | -1.03 Mn |
| Sep 30, 2024 | 1.87 Mn |
| Sep 30, 2024 | 1.87 Mn |
| Jun 30, 2024 | 2.06 Mn |
| Jun 30, 2024 | 2.06 Mn |
| Mar 31, 2024 | -4.02 Mn |
| Mar 31, 2024 | -4.02 Mn |
| Dec 31, 2023 | 927,000.00 |
| Dec 31, 2023 | 927,000.00 |