ESS Tech (GWH) Operating Expenses (2020 - 2026)

ESS Tech's Operating Expenses history runs 7 years deep, the most recent figure standing at $6.7 million for Q1 2026.

• On a quarterly basis, Operating Expenses fell 32.57% year-over-year to $6.7 million in Q1 2026; TTM through Mar 2026 was $26.5 million, a 38.9% decrease from a year earlier, with the FY2025 full-year figure at $29.7 million, down 33.09% from the prior year.
• Operating Expenses fell to $6.7 million in Q1 2026 per GWH's latest filing, from $8.2 million in the prior quarter.
• Across five years, Operating Expenses topped out at $31.4 million in Q4 2022 and bottomed at $5.1 million in Q3 2025.
• The 5-year median for Operating Expenses is $11.3 million (2024), against an average of $15.3 million.
• Across the five-year window, Operating Expenses soared 167.84% in 2022 and sank 65.99% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $31.4 million in 2022, then plunged by 63.23% to $11.5 million in 2023, then decreased by 10.74% to $10.3 million in 2024, then fell by 20.52% to $8.2 million in 2025, then fell by 17.72% to $6.7 million in 2026.
• Per Business Quant, the three latest GWH Operating Expenses figures stand at $6.7 million (Q1 2026), $8.2 million (Q4 2025), and $5.1 million (Q3 2025).