ESS Tech (GWH) Operating Leases (2022 - 2026)

ESS Tech (GWH) posted quarterly Operating Leases of $1.6 million for Q1 2026, down 23.98% quarter-over-quarter from $2.1 million in Q4 2025.

ESS Tech (GWH) Operating Leases (2022 - 2026) Analysis & Trends

ESS Tech's Operating Leases history runs 5 years deep, the most recent figure standing at $1.6 million for Q1 2026.

In Q1 2026, Operating Leases changed N/A year-over-year to $1.6 million; the TTM figure through Mar 2026 stood at $1.6 million (changed N/A YoY), while the FY2025 annual figure was $2.1 million, changed N/A from the prior year.
Operating Leases for Q1 2026 stood at $1.6 million, down from $2.1 million in the prior quarter.
The five-year high for Operating Leases was $4.9 million in Q1 2022, with the low at $451000.0 in Q3 2024.
The 5-year median for Operating Leases is $1.8 million (2023), against an average of $2.1 million.
The sharpest annual moves came in 2023 and 2024: Operating Leases tumbled 45.86% in 2023, then slumped 71.64% in 2024.
ESS Tech's Operating Leases stood at $2.5 million in 2022, then tumbled by 62.25% to $957000.0 in 2023, then sank by 52.87% to $451000.0 in 2024, then surged by 356.76% to $2.1 million in 2025, then retreated by 23.98% to $1.6 million in 2026.
Business Quant data shows GWH's Operating Leases at $1.6 million in Q1 2026, $2.1 million in Q4 2025, and $451000.0 in Q3 2024.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)
1	Vertiv Holdings	100.83 Bn	97.72 Bn	1.23 Bn
2	Bloom Energy	57.56 Bn	54.89 Bn	355.57 Mn
3	Hubbell	24.89 Bn	24.50 Bn	613.00 Mn
4	nVent Electric	24.60 Bn	24.35 Bn	558.00 Mn
5	Advanced Energy Industries	11.11 Bn	9.69 Bn	236.10 Mn
6	Acuity Inc. (De)	10.38 Bn	9.97 Bn	606.40 Mn
7	Powell Industries	7.20 Bn	6.57 Bn	95.30 Mn
8	EnerSys	6.92 Bn	6.39 Bn	313.36 Mn
9	Plug Power	3.17 Bn	2.85 Bn	-1.68 Mn
10	ESS Tech	13.23 Mn	13.23 Mn	-7.42 Mn

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