ESS Tech (GWH) Depreciation and Depletion (2021 - 2026)
ESS Tech's (GWH) quarterly Depreciation and Depletion came in at $2.3 million in Q1 2026, up 53.33% year-on-year from $1.5 million in Q1 2025, and up 130.0% quarter-over-quarter from $1.0 million in Q4 2025.
ESS Tech (GWH) Depreciation and Depletion (2021 - 2026) Analysis & Trends
ESS Tech's Depreciation and Depletion history runs 6 years deep, the most recent figure standing at $2.3 million for Q1 2026.
- On a quarterly basis, Depreciation and Depletion rose 53.33% year-over-year to $2.3 million in Q1 2026; TTM through Mar 2026 was $6.2 million, a 29.17% increase from a year earlier, with the FY2025 full-year figure at $5.4 million, up 20.0% from the prior year.
- Depreciation and Depletion advanced to $2.3 million in Q1 2026 per GWH's latest filing, from $1.0 million in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $3.2 million in Q4 2023 and bottomed at $196000.0 in Q1 2022.
- The 5-year median for Depreciation and Depletion is $1.1 million (2023), against an average of $1.2 million.
- Across the five-year window, Depreciation and Depletion jumped 461.22% in 2023 and slumped 56.25% in 2024, its largest moves.
- Year by year, Depreciation and Depletion stood at $685000.0 in 2022, then soared by 367.15% to $3.2 million in 2023, then slumped by 56.25% to $1.4 million in 2024, then decreased by 28.57% to $1.0 million in 2025, then surged by 130.0% to $2.3 million in 2026.
- Per Business Quant, the three latest GWH Depreciation and Depletion figures stand at $2.3 million (Q1 2026), $1.0 million (Q4 2025), and $1.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | - |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 27.50 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 13.28 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | - |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 16.80 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | - |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | - |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | - |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 20.62 Mn |
| 10 | ESS Tech | 22.34 Mn | 22.34 Mn | -7.04 Mn | 2.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.30 Mn |
| Mar 31, 2026 | 2.30 Mn |
| Dec 31, 2025 | 1.00 Mn |
| Dec 31, 2025 | 1.00 Mn |
| Sep 30, 2025 | 1.40 Mn |
| Sep 30, 2025 | 1.40 Mn |
| Jun 30, 2025 | 1.50 Mn |
| Jun 30, 2025 | 1.50 Mn |
| Mar 31, 2025 | 1.50 Mn |
| Mar 31, 2025 | 1.50 Mn |
| Dec 31, 2024 | 1.40 Mn |
| Dec 31, 2024 | 1.40 Mn |
| Sep 30, 2024 | 700,000.00 |
| Sep 30, 2024 | 700,000.00 |
| Jun 30, 2024 | 1.20 Mn |
| Jun 30, 2024 | 1.20 Mn |
| Mar 31, 2024 | 1.20 Mn |
| Mar 31, 2024 | 1.20 Mn |
| Dec 31, 2023 | 3.20 Mn |
| Dec 31, 2023 | 3.20 Mn |