ESS Tech (GWH) Capital Expenditures (2021 - 2026)

ESS Tech's (GWH) quarterly Capital Expenditures came in at $930000.0 in Q1 2026, down 78.26% year-on-year from $4.3 million in Q1 2025, and up 188.91% quarter-over-quarter from -$1.0 million in Q4 2025.

ESS Tech (GWH) Capital Expenditures (2021 - 2026) Analysis & Trends

ESS Tech's Capital Expenditures history runs 6 years deep, the most recent figure standing at $930000.0 for Q1 2026.

  • On a quarterly basis, Capital Expenditures fell 78.26% year-over-year to $930000.0 in Q1 2026; TTM through Mar 2026 was -$3.3 million, a 167.6% decrease from a year earlier, with the FY2025 full-year figure at $28000.0, down 98.23% from the prior year.
  • Capital Expenditures rose to $930000.0 in Q1 2026 per GWH's latest filing, from -$1.0 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $4.4 million in Q2 2022 and bottomed at -$3.5 million in Q4 2023.
  • The 5-year median for Capital Expenditures is $1.1 million (2024), against an average of $1.1 million.
  • Across the five-year window, Capital Expenditures surged 10955.0% in 2022 and sank 350.43% in 2025, its largest moves.
  • Year by year, Capital Expenditures stood at $3.0 million in 2022, then tumbled by 217.07% to -$3.5 million in 2023, then surged by 64.11% to -$1.3 million in 2024, then rose by 16.85% to -$1.0 million in 2025, then surged by 188.91% to $930000.0 in 2026.
  • Per Business Quant, the three latest GWH Capital Expenditures figures stand at $930000.0 (Q1 2026), -$1.0 million (Q4 2025), and -$3.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 278,000.00
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 112.60 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 25.99 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 40.60 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 36.10 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 36.60 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 16.70 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 1.83 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 12.83 Mn
10 ESS Tech 22.34 Mn 22.34 Mn -7.04 Mn 930,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 930,000.00
Mar 31, 2026 930,000.00
Dec 31, 2025 -1.05 Mn
Dec 31, 2025 -1.05 Mn
Sep 30, 2025 -3.20 Mn
Sep 30, 2025 -3.20 Mn
Mar 31, 2025 4.28 Mn
Mar 31, 2025 4.28 Mn
Dec 31, 2024 -1.26 Mn
Dec 31, 2024 -1.26 Mn
Sep 30, 2024 1.28 Mn
Sep 30, 2024 1.28 Mn
Jun 30, 2024 612,000.00
Jun 30, 2024 612,000.00
Mar 31, 2024 953,000.00
Mar 31, 2024 953,000.00
Dec 31, 2023 -3.51 Mn
Dec 31, 2023 -3.51 Mn
Sep 30, 2023 3.28 Mn
Sep 30, 2023 3.28 Mn