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

ESS Tech has reported Operating Expenses for 7 years, with the latest figure at $6.7 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 32.57% year-over-year to $6.7 million; the trailing twelve-month figure through Mar 2026 stood at $26.5 million (down 38.9% YoY), and the FY2025 full-year result was $29.7 million, down 33.09% from the prior year.
• Operating Expenses for Q1 2026 stood at $6.7 million, down from $8.2 million in the prior quarter.
• The five-year high for Operating Expenses was $31.4 million in Q4 2022, with the low at $5.1 million in Q3 2025.
• Average Operating Expenses over 5 years is $15.3 million, with a median of $11.3 million recorded in 2024.
• Year-over-year, Operating Expenses soared 167.84% in 2022 and sank 65.99% in 2023.
• Tracing GWH's Operating Expenses over 5 years: stood at $31.4 million in 2022, then sank by 63.23% to $11.5 million in 2023, then slipped by 10.74% to $10.3 million in 2024, then retreated by 20.52% to $8.2 million in 2025, then retreated by 17.72% to $6.7 million in 2026.
• The last three Operating Expenses figures came in at $6.7 million (Q1 2026), $8.2 million (Q4 2025), and $5.1 million (Q3 2025), per Business Quant data.

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