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

ESS Tech's 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 has reported Operating Leases for 5 years, with the latest figure at $1.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases changed N/A year-over-year to $1.6 million; the trailing twelve-month figure through Mar 2026 stood at $1.6 million (changed N/A YoY), and the FY2025 full-year result 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 $3.6 million in Q1 2022, with the low at $451000.0 in Q3 2024.
  • Average Operating Leases over 5 years is $1.9 million, with a median of $1.8 million recorded in 2023.
  • Year-over-year, Operating Leases sank 40.45% in 2023 and tumbled 71.64% in 2024.
  • Tracing GWH's Operating Leases over 5 years: 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 jumped by 356.76% to $2.1 million in 2025, then slipped by 23.98% to $1.6 million in 2026.
  • The last three Operating Leases figures came in at $1.6 million (Q1 2026), $2.1 million (Q4 2025), and $451000.0 (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn
10 ESS Tech 28.05 Mn 28.05 Mn -7.04 Mn

Historic Data

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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 2.90 Mn
Jun 30, 2022 3.26 Mn
Mar 31, 2022 3.61 Mn