ESS Tech (GWH) Operating Expenses (2021 - 2025)

ESS Tech (GWH) has 5 years of Operating Expenses data on record, last reported at $8.2 million in Q4 2025.

  • For Q4 2025, Operating Expenses fell 20.52% year-over-year to $8.2 million; the TTM value through Dec 2025 reached $29.7 million, down 33.09%, while the annual FY2025 figure was $29.7 million, 33.09% down from the prior year.
  • Operating Expenses reached $8.2 million in Q4 2025 per GWH's latest filing, up from $5.1 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.
  • Average Operating Expenses over 5 years is $15.7 million, with a median of $11.2 million recorded in 2024.
  • Peak YoY movement for Operating Expenses: skyrocketed 167.84% in 2022, then crashed 65.99% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $31.1 million in 2021, then grew by 0.91% to $31.4 million in 2022, then crashed 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.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $8.2 million in Q4 2025, $5.1 million in Q3 2025, and $6.5 million in Q2 2025.