ESS Tech (GWH) Leases (2022 - 2026)

ESS Tech's quarterly Leases came in at $3.3 million in Q1 2026, up 192.56% year-on-year from $1.1 million in Q1 2025, and down 11.31% quarter-over-quarter from $3.8 million in Q4 2025.

ESS Tech has reported Leases for 5 years, with the latest figure at $3.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Leases rose 192.56% year-over-year to $3.3 million; the trailing twelve-month figure through Mar 2026 stood at $3.3 million (up 192.56% YoY), and the FY2025 full-year result was $3.8 million, up 150.63% from the prior year.
  • Leases for Q1 2026 stood at $3.3 million, down from $3.8 million in the prior quarter.
  • The five-year high for Leases was $4.3 million in Q1 2022, with the low at $391000.0 in Q3 2025.
  • Average Leases over 5 years is $2.5 million, with a median of $2.5 million recorded in 2023.
  • Year-over-year, Leases tumbled 78.9% in 2025 and surged 192.56% in 2026.
  • Tracing GWH's Leases over 5 years: stood at $3.4 million in 2022, then sank by 36.28% to $2.2 million in 2023, then sank by 30.64% to $1.5 million in 2024, then jumped by 150.63% to $3.8 million in 2025, then slipped by 11.31% to $3.3 million in 2026.
  • The last three Leases figures came in at $3.3 million (Q1 2026), $3.8 million (Q4 2025), and $391000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 330.80 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 109.40 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 132.80 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 102.00 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 1.96 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 101.90 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 70.66 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 170.19 Mn
10 ESS Tech 28.05 Mn 28.05 Mn -7.04 Mn 3.34 Mn

Historic Data

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DateValue
Mar 31, 2026 3.34 Mn
Dec 31, 2025 3.77 Mn
Sep 30, 2025 391,000.00
Jun 30, 2025 772,000.00
Mar 31, 2025 1.14 Mn
Dec 31, 2024 1.50 Mn
Sep 30, 2024 1.85 Mn
Jun 30, 2024 2.20 Mn
Mar 31, 2024 1.84 Mn
Dec 31, 2023 2.17 Mn
Sep 30, 2023 2.49 Mn
Jun 30, 2023 2.80 Mn
Mar 31, 2023 3.10 Mn
Dec 31, 2022 3.40 Mn
Sep 30, 2022 3.69 Mn
Jun 30, 2022 3.98 Mn
Mar 31, 2022 4.26 Mn