ESS Tech (GWH) Payables (2020 - 2026)
ESS Tech (GWH) recorded Payables of $1.23 million in Q2 2026, down 88.4% from $10.63 million a year earlier and down 7.4% from the prior quarter.
Analysis
ESS Tech (GWH) Payables (2020 - 2026) Analysis & Trends
At the end of FY2025, ESS Tech reported Payables of $3.02 million, down 62.5% from FY2024.
- Annual Payables has a five-year compound annual growth rate of -13.4% (FY2020 to FY2025).
- Across earlier years, Payables came in at $8.07 million in FY2024 (+192.9%), $2.76 million in FY2023 (-40.6%), $4.64 million in FY2022 (+33.5%) and $3.47 million in FY2021 (-44.0%).
- The Q2 2026 figure is the lowest quarterly Payables since Q3 2021.
- On a year-over-year basis, Payables has declined for four consecutive quarters, with growth averaging 64.7% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 251.0% in Q1 2025, against a decline of 88.4% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.33 million (Q1 2026), $3.02 million (Q4 2025) and $9.47 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 10.10 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 309.93 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 346.33 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 212.88 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 604.41 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 535.97 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 363.83 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 124.59 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 60.20 Mn |
| 10 | ESS Tech | 5.59 Mn | 5.59 Mn | -7.42 Mn | 1.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.23 Mn |
| Mar 31, 2026 | 1.33 Mn |
| Dec 31, 2025 | 3.02 Mn |
| Sep 30, 2025 | 9.47 Mn |
| Jun 30, 2025 | 10.63 Mn |
| Mar 31, 2025 | 10.22 Mn |
| Dec 31, 2024 | 8.07 Mn |
| Sep 30, 2024 | 10.94 Mn |
| Jun 30, 2024 | 5.83 Mn |
| Mar 31, 2024 | 2.91 Mn |
| Dec 31, 2023 | 2.76 Mn |
| Sep 30, 2023 | 3.19 Mn |
| Jun 30, 2023 | 3.97 Mn |
| Mar 31, 2023 | 4.22 Mn |
| Dec 31, 2022 | 4.64 Mn |
| Sep 30, 2022 | 3.40 Mn |
| Jun 30, 2022 | 4.26 Mn |
| Mar 31, 2022 | 3.56 Mn |
| Dec 31, 2021 | 3.47 Mn |
| Sep 30, 2021 | 222,866.00 |
API Access
ESS Tech Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=GWH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "GWH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=GWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();