ESS Tech (GWH-WT) Other Operating Expenses (2021 - 2026)
ESS Tech (GWH-WT) recorded quarterly Other Operating Expenses of $254000.0 in Q1 2026, up 15.45% quarter-over-quarter from $220000.0 in Q4 2025, and down 86.97% on a YoY basis from $2.0 million in Q1 2025.
ESS Tech (GWH-WT) Other Operating Expenses (2021 - 2026) Analysis & Trends
ESS Tech's Other Operating Expenses history runs 6 years deep, the most recent figure standing at $254000.0 for Q1 2026.
- In Q1 2026, Other Operating Expenses fell 86.97% year-over-year to $254000.0; the TTM figure through Mar 2026 stood at $2.1 million (down 76.45% YoY), while the FY2025 annual figure was $3.8 million, down 58.15% from the prior year.
- Other Operating Expenses was $254000.0 for Q1 2026 at ESS Tech, up from $220000.0 in the prior quarter.
- In the past five years, Other Operating Expenses ranged from a high of $2.7 million in Q2 2024 to a low of -$4.3 million in Q3 2023.
- Historically, Other Operating Expenses has averaged $1.3 million across 5 years, with a median of $1.8 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Other Operating Expenses jumped 193.16% in 2022, then slumped 338.84% in 2023.
- A 5-year view of Other Operating Expenses shows it stood at $1.7 million in 2022, then increased by 21.79% to $2.1 million in 2023, then retreated by 9.97% to $1.9 million in 2024, then sank by 88.34% to $220000.0 in 2025, then climbed by 15.45% to $254000.0 in 2026.
- The last three Other Operating Expenses figures came in at $254000.0 (Q1 2026), $220000.0 (Q4 2025), and $360000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 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 |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn |
| 10 | ESS Tech | - | - | -7.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 254,000.00 |
| Dec 31, 2025 | 220,000.00 |
| Sep 30, 2025 | 360,000.00 |
| Jun 30, 2025 | 1.30 Mn |
| Mar 31, 2025 | 1.95 Mn |
| Dec 31, 2024 | 1.89 Mn |
| Sep 30, 2024 | 2.53 Mn |
| Jun 30, 2024 | 2.71 Mn |
| Mar 31, 2024 | 2.03 Mn |
| Dec 31, 2023 | 2.10 Mn |
| Sep 30, 2023 | -4.34 Mn |
| Jun 30, 2023 | 1.74 Mn |
| Mar 31, 2023 | 1.85 Mn |
| Dec 31, 2022 | 1.72 Mn |
| Sep 30, 2022 | 1.82 Mn |
| Jun 30, 2022 | 1.90 Mn |
| Mar 31, 2022 | 1.50 Mn |
| Dec 31, 2021 | 780,000.00 |
| Sep 30, 2021 | 1.05 Mn |
| Jun 30, 2021 | 701,000.00 |