ESS Tech (GWH) Depreciation and Depletion (2021 - 2026)

ESS Tech's 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 has reported Depreciation and Depletion for 6 years, with the latest figure at $2.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Depreciation and Depletion rose 53.33% year-over-year to $2.3 million; the trailing twelve-month figure through Mar 2026 stood at $6.2 million (up 29.17% YoY), and the FY2025 full-year result was $5.4 million, up 20.0% from the prior year.
  • Depreciation and Depletion for Q1 2026 stood at $2.3 million, up from $1.0 million in the prior quarter.
  • The five-year high for Depreciation and Depletion was $3.2 million in Q4 2023, with the low at $196000.0 in Q1 2022.
  • Average Depreciation and Depletion over 5 years is $1.2 million, with a median of $1.1 million recorded in 2023.
  • Year-over-year, Depreciation and Depletion jumped 461.22% in 2023 and slumped 56.25% in 2024.
  • Tracing GWH's Depreciation and Depletion over 5 years: stood at $685000.0 in 2022, then jumped by 367.15% to $3.2 million in 2023, then tumbled by 56.25% to $1.4 million in 2024, then slipped by 28.57% to $1.0 million in 2025, then soared by 130.0% to $2.3 million in 2026.
  • The last three Depreciation and Depletion figures came in at $2.3 million (Q1 2026), $1.0 million (Q4 2025), and $1.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 27.50 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 13.28 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 16.80 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn -
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn -
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn -
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn -
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 20.62 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 6.31 Mn
10 ESS Tech 28.05 Mn 28.05 Mn -7.04 Mn 2.30 Mn

Historic Data

Download Data 🔒
DateValue
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
Sep 30, 2023 1.10 Mn
Sep 30, 2023 1.10 Mn
Jun 30, 2023 1.00 Mn
Jun 30, 2023 1.00 Mn
Mar 31, 2023 1.10 Mn
Mar 31, 2023 1.10 Mn
Dec 31, 2022 685,000.00
Dec 31, 2022 685,000.00
Sep 30, 2022 358,000.00
Sep 30, 2022 358,000.00
Jun 30, 2022 261,000.00
Jun 30, 2022 261,000.00
Mar 31, 2022 196,000.00
Mar 31, 2022 196,000.00
Dec 31, 2021 168,000.00
Dec 31, 2021 168,000.00
Sep 30, 2021 140,000.00
Sep 30, 2021 140,000.00
Jun 30, 2021 134,000.00
Jun 30, 2021 134,000.00
Mar 31, 2021 130,000.00
Mar 31, 2021 130,000.00