ESS Tech (GWH-WT) Current Leases (2022 - 2026)

ESS Tech (GWH-WT) recorded quarterly Current Leases of $1.9 million in Q1 2026, up 3.76% quarter-over-quarter from $1.8 million in Q4 2025, and up 43.16% on a YoY basis from $1.3 million in Q1 2025.

ESS Tech (GWH-WT) Current Leases (2022 - 2026) Analysis & Trends

ESS Tech's Current Leases history runs 5 years deep, the most recent figure standing at $1.9 million for Q1 2026.

  • In Q1 2026, Current Leases rose 43.16% year-over-year to $1.9 million; the TTM figure through Mar 2026 stood at $1.9 million (up 43.16% YoY), while the FY2025 annual figure was $1.8 million, up 5.44% from the prior year.
  • Current Leases was $1.9 million for Q1 2026 at ESS Tech, up from $1.8 million in the prior quarter.
  • In the past five years, Current Leases ranged from a high of $2.2 million in Q3 2025 to a low of $872000.0 in Q2 2025.
  • Historically, Current Leases has averaged $1.5 million across 5 years, with a median of $1.5 million in 2023.
  • The sharpest annual moves came in 2025 and 2026: Current Leases tumbled 44.53% in 2025, then soared 43.16% in 2026.
  • A 5-year view of Current Leases shows it stood at $1.4 million in 2022, then rose by 11.26% to $1.6 million in 2023, then increased by 7.02% to $1.7 million in 2024, then grew by 5.44% to $1.8 million in 2025, then climbed by 3.76% to $1.9 million in 2026.
  • The last three Current Leases figures came in at $1.9 million (Q1 2026), $1.8 million (Q4 2025), and $2.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Novonix 472.68 Bn 472.63 Bn - 577,803.00
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn -
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn 21.93 Mn
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn -
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn -
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn 15.70 Mn
7 Powell Industries 10.72 Bn 10.17 Bn 87.94 Mn 880,000.00
8 Ballard Power Systems 10.33 Bn 9.80 Bn 5.64 Mn 3.41 Mn
9 Acuity Inc. (De) 9.04 Bn 8.77 Bn 520.40 Mn 26.30 Mn
10 ESS Tech - - -7.04 Mn 1.85 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.85 Mn
Dec 31, 2025 1.78 Mn
Sep 30, 2025 2.23 Mn
Jun 30, 2025 872,000.00
Mar 31, 2025 1.29 Mn
Dec 31, 2024 1.69 Mn
Sep 30, 2024 1.63 Mn
Jun 30, 2024 1.57 Mn
Mar 31, 2024 1.55 Mn
Dec 31, 2023 1.58 Mn
Sep 30, 2023 1.54 Mn
Jun 30, 2023 1.50 Mn
Mar 31, 2023 1.46 Mn
Dec 31, 2022 1.42 Mn
Sep 30, 2022 1.38 Mn
Jun 30, 2022 1.35 Mn
Mar 31, 2022 1.31 Mn