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

ESS Tech has reported Operating Expenses for 7 years, with the latest figure at $7.7 million in Q2 2026.

• On a quarterly basis, Operating Expenses rose 19.47% year-over-year to $7.7 million in Q2 2026; TTM through Jun 2026 was $27.7 million, a 27.14% decrease from a year earlier, with the FY2025 full-year figure at $29.7 million, down 33.09% from the prior year.
• Operating Expenses was $7.7 million for Q2 2026 at ESS Tech, up from $6.7 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 $14.9 million, with a median of $11.2 million recorded in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 167.84% in 2022, then plunged 65.99% in 2023.
• Over 5 years, Operating Expenses 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 5.87% to $7.7 million in 2026.
• The last three Operating Expenses figures came in at $7.7 million (Q2 2026), $6.7 million (Q1 2026), and $8.2 million (Q4 2025), per Business Quant data.