ESS Tech (GWH) Cost of Revenue (2021 - 2026)

ESS Tech has reported Cost of Revenue for 6 years, with the latest figure at $7.2 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 18.07% year-over-year to $7.2 million; the trailing twelve-month figure through Mar 2026 stood at $45.2 million (up 12.35% YoY), and the FY2025 full-year result was $29.3 million, down 43.36% from the prior year.
• Cost of Revenue for Q1 2026 stood at $7.2 million, down from $25.6 million in the prior quarter.
• The five-year high for Cost of Revenue was $25.6 million in Q4 2025, with the low at -$5.2 million in Q4 2022.
• Average Cost of Revenue over 5 years is $6.6 million, with a median of $3.8 million recorded in 2024.
• Year-over-year, Cost of Revenue plunged 768.85% in 2022 and surged 519.7% in 2024.
• Tracing GWH's Cost of Revenue over 5 years: stood at -$5.2 million in 2022, then soared by 384.59% to $14.8 million in 2023, then advanced by 8.02% to $16.0 million in 2024, then jumped by 59.88% to $25.6 million in 2025, then plunged by 72.05% to $7.2 million in 2026.
• The last three Cost of Revenue figures came in at $7.2 million (Q1 2026), $25.6 million (Q4 2025), and $4.9 million (Q3 2025), per Business Quant data.

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