ESS Tech (GWH) Interest Expenses (2021 - 2026)
ESS Tech's (GWH) quarterly Interest Expenses came in at $10.1 million in Q1 2026, up 399.46% year-on-year from $2.0 million in Q1 2025, and up 1350.49% quarter-over-quarter from -$810000.0 in Q4 2025.
ESS Tech (GWH) Interest Expenses (2021 - 2026) Analysis & Trends
ESS Tech's Interest Expenses history runs 6 years deep, the most recent figure standing at $10.1 million for Q1 2026.
- On a quarterly basis, Interest Expenses rose 399.46% year-over-year to $10.1 million in Q1 2026; TTM through Mar 2026 was $10.1 million, a 399.46% increase from a year earlier, with the FY2025 full-year figure at $5.2 million, up 58.15% from the prior year.
- Interest Expenses improved to $10.1 million in Q1 2026 per GWH's latest filing, from -$810000.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $10.1 million in Q1 2026 and bottomed at -$810000.0 in Q4 2025.
- The 5-year median for Interest Expenses is $2.2 million (2025), against an average of $2.4 million.
- Across the five-year window, Interest Expenses soared 613.15% in 2023 and slumped 268.05% in 2025, its largest moves.
- Year by year, Interest Expenses stood at $1.6 million in 2022, then sank by 74.19% to $424000.0 in 2023, then grew by 13.68% to $482000.0 in 2024, then slumped by 268.05% to -$810000.0 in 2025, then surged by 1350.49% to $10.1 million in 2026.
- Per Business Quant, the three latest GWH Interest Expenses figures stand at $10.1 million (Q1 2026), -$810000.0 (Q4 2025), and $2.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 227,000.00 |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 42.80 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 638.56 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 97.70 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 107.80 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 39.90 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 7.80 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 6.64 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | -7.72 Mn |
| 10 | ESS Tech | 22.34 Mn | 22.34 Mn | -7.04 Mn | 10.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.13 Mn |
| Mar 31, 2026 | 10.13 Mn |
| Dec 31, 2025 | -810,000.00 |
| Dec 31, 2025 | -810,000.00 |
| Sep 30, 2025 | 2.20 Mn |
| Sep 30, 2025 | 2.20 Mn |
| Jun 30, 2025 | 2.20 Mn |
| Jun 30, 2025 | 2.20 Mn |
| Mar 31, 2025 | 2.03 Mn |
| Mar 31, 2025 | 2.03 Mn |
| Dec 31, 2024 | 482,000.00 |
| Dec 31, 2024 | 482,000.00 |
| Sep 30, 2024 | 3.30 Mn |
| Sep 30, 2024 | 3.30 Mn |
| Jun 30, 2024 | 3.24 Mn |
| Jun 30, 2024 | 3.24 Mn |
| Mar 31, 2024 | 3.32 Mn |
| Mar 31, 2024 | 3.32 Mn |
| Dec 31, 2023 | 424,000.00 |
| Dec 31, 2023 | 424,000.00 |