ESS Tech (GWH) Operating Leases (2022 - 2026)
ESS Tech's (GWH) quarterly Operating Leases came in at $1.6 million in 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.
- On a quarterly basis, Operating Leases changed N/A year-over-year to $1.6 million in Q1 2026; TTM through Mar 2026 was $1.6 million, a N/A change from a year earlier, with the FY2025 full-year figure at $2.1 million, changed N/A from the prior year.
- Operating Leases eased to $1.6 million in Q1 2026 per GWH's latest filing, from $2.1 million in the prior quarter.
- Across five years, Operating Leases topped out at $4.9 million in Q1 2022 and bottomed 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.
- Across the five-year window, Operating Leases plunged 45.86% in 2023 and tumbled 71.64% in 2024, its largest moves.
- Year by year, Operating Leases stood at $2.5 million in 2022, then slumped by 62.25% to $957000.0 in 2023, then plunged by 52.87% to $451000.0 in 2024, then soared by 356.76% to $2.1 million in 2025, then decreased by 23.98% to $1.6 million in 2026.
- Per Business Quant, the three latest GWH Operating Leases figures stand at $1.6 million (Q1 2026), $2.1 million (Q4 2025), and $451000.0 (Q3 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn |
| 10 | ESS Tech | 22.34 Mn | 22.34 Mn | -7.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.57 Mn |
| Dec 31, 2025 | 2.06 Mn |
| Sep 30, 2024 | 451,000.00 |
| Jun 30, 2024 | 884,000.00 |
| Mar 31, 2024 | 610,000.00 |
| Dec 31, 2023 | 957,000.00 |
| Sep 30, 2023 | 1.37 Mn |
| Jun 30, 2023 | 1.77 Mn |
| Mar 31, 2023 | 2.15 Mn |
| Dec 31, 2022 | 2.54 Mn |
| Sep 30, 2022 | 4.29 Mn |
| Jun 30, 2022 | 3.26 Mn |
| Mar 31, 2022 | 4.92 Mn |