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
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