ESS Tech (GWH) Current Leases (2022 - 2026)

ESS Tech's (GWH) quarterly Current Leases came in at $1.9 million in Q1 2026, up 43.16% year-on-year from $1.3 million in Q1 2025, and down 76.99% quarter-over-quarter from $8.0 million in Q4 2025.

ESS Tech (GWH) Current Leases (2022 - 2026) Analysis & Trends

ESS Tech's Current Leases history runs 5 years deep, the most recent figure standing at $1.9 million for Q1 2026.

  • On a quarterly basis, Current Leases rose 43.16% year-over-year to $1.9 million in Q1 2026; TTM through Mar 2026 was $1.9 million, a 43.16% increase from a year earlier, with the FY2025 full-year figure at $8.0 million, changed N/A from the prior year.
  • Current Leases declined to $1.9 million in Q1 2026 per GWH's latest filing, from $8.0 million in the prior quarter.
  • Across five years, Current Leases topped out at $8.0 million in Q4 2025 and bottomed at $872000.0 in Q2 2025.
  • The 5-year median for Current Leases is $1.5 million (2023), against an average of $1.9 million.
  • Across the five-year window, Current Leases tumbled 44.53% in 2025 and surged 43.16% in 2026, its largest moves.
  • Year by year, Current Leases stood at $1.4 million in 2022, then rose by 11.26% to $1.6 million in 2023, then gained by 3.16% to $1.6 million in 2024, then jumped by 393.19% to $8.0 million in 2025, then plunged by 76.99% to $1.9 million in 2026.
  • Per Business Quant, the three latest GWH Current Leases figures stand at $1.9 million (Q1 2026), $8.0 million (Q4 2025), and $2.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn -
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn -
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 21.93 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn -
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn -
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 15.70 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 27.00 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 880,000.00
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 998,000.00
10 ESS Tech 22.34 Mn 22.34 Mn -7.04 Mn 1.85 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.85 Mn
Dec 31, 2025 8.04 Mn
Sep 30, 2025 2.23 Mn
Jun 30, 2025 872,000.00
Mar 31, 2025 1.29 Mn
Sep 30, 2024 1.63 Mn
Jun 30, 2024 1.57 Mn
Mar 31, 2024 1.55 Mn
Dec 31, 2023 1.58 Mn
Sep 30, 2023 1.54 Mn
Jun 30, 2023 1.50 Mn
Mar 31, 2023 1.46 Mn
Dec 31, 2022 1.42 Mn
Sep 30, 2022 1.38 Mn
Jun 30, 2022 1.35 Mn
Mar 31, 2022 1.31 Mn