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| 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 |
| 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 |