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
DateValue
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