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
DateValue
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