ESS Tech (GWH) Other Operating Expenses (2021 - 2026)
ESS Tech's (GWH) quarterly Other Operating Expenses came in at $2.6 million in Q1 2026, up 34.62% year-on-year from $1.9 million in Q1 2025, and down 43.95% quarter-over-quarter from $4.7 million in Q4 2025.
ESS Tech (GWH) Other Operating Expenses (2021 - 2026) Analysis & Trends
ESS Tech's Other Operating Expenses history runs 6 years deep, the most recent figure standing at $2.6 million for Q1 2026.
- On a quarterly basis, Other Operating Expenses rose 34.62% year-over-year to $2.6 million in Q1 2026; TTM through Mar 2026 was $9.6 million, a 27.42% increase from a year earlier, with the FY2025 full-year figure at $8.3 million, down 9.43% from the prior year.
- Other Operating Expenses declined to $2.6 million in Q1 2026 per GWH's latest filing, from $4.7 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $37.0 million in Q4 2023 and bottomed at -$4.3 million in Q3 2023.
- The 5-year median for Other Operating Expenses is $2.8 million (2024), against an average of $8.6 million.
- Across the five-year window, Other Operating Expenses tumbled 121.54% in 2023 and soared 4829.47% in 2025, its largest moves.
- Year by year, Other Operating Expenses stood at $22.8 million in 2022, then jumped by 62.29% to $37.0 million in 2023, then sank by 99.74% to $95000.0 in 2024, then surged by 4829.47% to $4.7 million in 2025, then sank by 43.95% to $2.6 million in 2026.
- Per Business Quant, the three latest GWH Other Operating Expenses figures stand at $2.6 million (Q1 2026), $4.7 million (Q4 2025), and $1.0 million (Q3 2025).
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 | 2.63 Mn |
| Dec 31, 2025 | 4.68 Mn |
| Sep 30, 2025 | 1.03 Mn |
| Jun 30, 2025 | 1.30 Mn |
| Mar 31, 2025 | 1.95 Mn |
| Dec 31, 2024 | 95,000.00 |
| Sep 30, 2024 | 2.68 Mn |
| Jun 30, 2024 | 2.84 Mn |
| Mar 31, 2024 | 3.55 Mn |
| Dec 31, 2023 | 36.98 Mn |
| Sep 30, 2023 | -4.34 Mn |
| Jun 30, 2023 | 19.45 Mn |
| Mar 31, 2023 | 1.85 Mn |
| Dec 31, 2022 | 22.79 Mn |
| Sep 30, 2022 | 20.13 Mn |
| Jun 30, 2022 | 16.17 Mn |
| Mar 31, 2022 | 12.90 Mn |
| Dec 31, 2021 | 780,000.00 |
| Sep 30, 2021 | 7.67 Mn |
| Jun 30, 2021 | 6.22 Mn |