ESS Tech (GWH) Capital Expenditures (2021 - 2026)
ESS Tech (GWH) recorded Capital Expenditures of $502,000 in Q2 2026, down 31.1% from $729,000 a year earlier and down 46.0% from the prior quarter.
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Analysis
ESS Tech (GWH) Capital Expenditures (2021 - 2026) Analysis & Trends
On a TTM basis, ESS Tech's Capital Expenditures came in at $3.33 million as of Jun 30, 2026, down 53.9% year-over-year; for FY2025, it was $3.39 million, down 53.6% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 46.5% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $7.29 million in FY2024 (+26.0%), $5.79 million in FY2023 (-59.2%), $14.18 million in FY2022 (+412.5%) and $2.77 million in FY2021 (+451.2%).
- Quarterly Capital Expenditures has ranged from -$417,000 in Q3 2025 to $4.42 million in Q2 2022 over the past five years.
- On a year-over-year basis, Capital Expenditures rose in four of the last seven quarters, with growth averaging 38.5%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 193.6% in Q3 2024, against a decline of 81.2% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $930,000 (Q1 2026), $2.31 million (Q4 2025) and -$417,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 386.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 51.64 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 161.32 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 41.43 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 58.29 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 15.90 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 12.42 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 14.39 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 10.40 Mn |
| 10 | ESS Tech | 5.59 Mn | 5.59 Mn | -7.42 Mn | 502,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 502,000.00 |
| Mar 31, 2026 | 930,000.00 |
| Dec 31, 2025 | 2.31 Mn |
| Sep 30, 2025 | -417,000.00 |
| Jun 30, 2025 | 729,000.00 |
| Mar 31, 2025 | 762,000.00 |
| Dec 31, 2024 | 3.47 Mn |
| Sep 30, 2024 | 2.26 Mn |
| Jun 30, 2024 | 612,000.00 |
| Mar 31, 2024 | 953,000.00 |
| Dec 31, 2023 | 1.58 Mn |
| Sep 30, 2023 | 769,000.00 |
| Jun 30, 2023 | 830,000.00 |
| Mar 31, 2023 | 2.61 Mn |
| Dec 31, 2022 | 2.99 Mn |
| Sep 30, 2022 | 2.72 Mn |
| Jun 30, 2022 | 4.42 Mn |
| Mar 31, 2022 | 4.04 Mn |
| Dec 31, 2021 | 2.48 Mn |
| Sep 30, 2021 | 115,000.00 |
API Access
ESS Tech Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=GWH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "GWH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=GWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();