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