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| Date | Value |
|---|---|
| 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 |