ESS Tech (GWH-WT) Payables (2020 - 2026)

ESS Tech (GWH-WT) recorded quarterly Payables of $1.3 million in Q1 2026, down 55.9% quarter-over-quarter from $3.0 million in Q4 2025, and down 86.95% on a YoY basis from $10.2 million in Q1 2025.

ESS Tech (GWH-WT) Payables (2020 - 2026) Analysis & Trends

ESS Tech's Payables history runs 7 years deep, the most recent figure standing at $1.3 million for Q1 2026.

  • In Q1 2026, Payables fell 86.95% year-over-year to $1.3 million; the TTM figure through Mar 2026 stood at $1.3 million (down 86.95% YoY), while the FY2025 annual figure was $3.0 million, down 62.54% from the prior year.
  • Payables was $1.3 million for Q1 2026 at ESS Tech, down from $3.0 million in the prior quarter.
  • In the past five years, Payables ranged from a high of $10.9 million in Q3 2024 to a low of $1.3 million in Q1 2026.
  • Historically, Payables has averaged $5.4 million across 5 years, with a median of $4.2 million in 2023.
  • The sharpest annual moves came in 2022 and 2026: Payables jumped 8045.81% in 2022, then plunged 86.95% in 2026.
  • A 5-year view of Payables shows it stood at $4.6 million in 2022, then tumbled by 40.57% to $2.8 million in 2023, then jumped by 192.92% to $8.1 million in 2024, then slumped by 62.54% to $3.0 million in 2025, then plunged by 55.9% to $1.3 million in 2026.
  • The last three Payables figures came in at $1.3 million (Q1 2026), $3.0 million (Q4 2025), and $9.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Novonix 472.68 Bn 472.63 Bn - 75.39 Mn
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn 1.95 Bn
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn 241.65 Mn
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn 422.00 Mn
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn 605.50 Mn
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn 272.10 Mn
7 Powell Industries 10.72 Bn 10.17 Bn 87.94 Mn 75.14 Mn
8 Ballard Power Systems 10.33 Bn 9.80 Bn 5.64 Mn 28.79 Mn
9 Acuity Inc. (De) 9.04 Bn 8.77 Bn 520.40 Mn 354.60 Mn
10 ESS Tech - - -7.04 Mn 1.33 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.33 Mn
Dec 31, 2025 3.02 Mn
Sep 30, 2025 9.47 Mn
Jun 30, 2025 10.63 Mn
Mar 31, 2025 10.22 Mn
Dec 31, 2024 8.07 Mn
Sep 30, 2024 10.94 Mn
Jun 30, 2024 5.83 Mn
Mar 31, 2024 2.91 Mn
Dec 31, 2023 2.76 Mn
Sep 30, 2023 3.19 Mn
Jun 30, 2023 3.97 Mn
Mar 31, 2023 4.22 Mn
Dec 31, 2022 4.64 Mn
Sep 30, 2022 3.40 Mn
Jun 30, 2022 4.26 Mn
Mar 31, 2022 3.56 Mn
Dec 31, 2021 3.47 Mn
Sep 30, 2021 222,866.00
Jun 30, 2021 334,062.00