ESS Tech (GWH) Cost of Revenue (2023 - 2026)

ESS Tech's Cost of Revenue history runs 4 years deep, the most recent figure standing at $7.2 million for Q1 2026.

• On a quarterly basis, Cost of Revenue fell 18.07% year-over-year to $7.2 million in Q1 2026; TTM through Mar 2026 was $27.7 million, a 43.83% decrease from a year earlier, with the FY2025 full-year figure at $29.3 million, down 43.36% from the prior year.
• Cost of Revenue retreated to $7.2 million in Q1 2026 per GWH's latest filing, from $8.1 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $16.0 million in Q4 2024 and bottomed at $4.9 million in Q3 2025.
• The 4-year median for Cost of Revenue is $10.2 million (2023), against an average of $9.9 million.
• Across the five-year window, Cost of Revenue soared 55.53% in 2024 and tumbled 61.24% in 2025, its largest moves.
• Year by year, Cost of Revenue stood at $10.3 million in 2023, then surged by 55.53% to $16.0 million in 2024, then slumped by 49.43% to $8.1 million in 2025, then declined by 11.65% to $7.2 million in 2026.
• Per Business Quant, the three latest GWH Cost of Revenue figures stand at $7.2 million (Q1 2026), $8.1 million (Q4 2025), and $4.9 million (Q3 2025).