ESS Tech (GWH) Invested Capital (2020 - 2026)
ESS Tech's quarterly Invested Capital came in at $19.5 million in Q1 2026, up 61.82% year-on-year from $12.1 million in Q1 2025, and up 2.78% quarter-over-quarter from $19.0 million in Q4 2025.
ESS Tech has reported Invested Capital for 7 years, with the latest figure at $19.5 million in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital rose 61.82% year-over-year to $19.5 million; the trailing twelve-month figure through Mar 2026 stood at $19.5 million (up 61.82% YoY), and the FY2025 full-year result was $19.0 million, down 34.16% from the prior year.
- Invested Capital for Q1 2026 stood at $19.5 million, up from $19.0 million in the prior quarter.
- The five-year high for Invested Capital was $202.7 million in Q1 2022, with the low at $3.3 million in Q2 2025.
- Average Invested Capital over 5 years is $83.9 million, with a median of $87.8 million recorded in 2024.
- Year-over-year, Invested Capital jumped 233.14% in 2022 and tumbled 95.21% in 2025.
- Tracing GWH's Invested Capital over 5 years: stood at $138.9 million in 2022, then slipped by 25.58% to $103.4 million in 2023, then slumped by 72.05% to $28.9 million in 2024, then sank by 34.16% to $19.0 million in 2025, then advanced by 2.78% to $19.5 million in 2026.
- The last three Invested Capital figures came in at $19.5 million (Q1 2026), $19.0 million (Q4 2025), and $8.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 7.17 Bn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 921.47 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 5.35 Bn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 4.32 Bn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 1.95 Bn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 709.07 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 3.04 Bn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 1.91 Bn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 846.18 Mn |
| 10 | ESS Tech | 28.05 Mn | 28.05 Mn | -7.04 Mn | 19.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.55 Mn |
| Dec 31, 2025 | 19.02 Mn |
| Sep 30, 2025 | 8.73 Mn |
| Jun 30, 2025 | 3.30 Mn |
| Mar 31, 2025 | 12.08 Mn |
| Dec 31, 2024 | 28.88 Mn |
| Sep 30, 2024 | 49.20 Mn |
| Jun 30, 2024 | 69.04 Mn |
| Mar 31, 2024 | 87.82 Mn |
| Dec 31, 2023 | 103.36 Mn |
| Sep 30, 2023 | 116.46 Mn |
| Jun 30, 2023 | 98.43 Mn |
| Mar 31, 2023 | 118.76 Mn |
| Dec 31, 2022 | 138.89 Mn |
| Sep 30, 2022 | 160.57 Mn |
| Jun 30, 2022 | 189.68 Mn |
| Mar 31, 2022 | 202.75 Mn |
| Dec 31, 2021 | 208.93 Mn |
| Sep 30, 2021 | -267.59 Mn |
| Jun 30, 2021 | -242.35 Mn |
| Mar 31, 2021 | -152.29 Mn |
| Dec 31, 2020 | -22.19 Mn |
| Sep 30, 2020 | -26.90 Mn |