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
DateValue
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