ESS Tech (GWH) Research & Development (2021 - 2026)

ESS Tech has reported Research & Development for 6 years, with the latest figure at $2.2 million in Q2 2026.

• On a quarterly basis, Research & Development rose 54.56% year-over-year to $2.2 million in Q2 2026; TTM through Jun 2026 was $9.2 million, a 0.76% decrease from a year earlier, with the FY2025 full-year figure at $8.3 million, down 29.52% from the prior year.
• Research & Development was $2.2 million for Q2 2026 at ESS Tech, down from $2.6 million in the prior quarter.
• The five-year high for Research & Development was $22.8 million in Q4 2022, with the low at $1.0 million in Q3 2025.
• Average Research & Development over 5 years is $8.1 million, with a median of $3.5 million recorded in 2024.
• The sharpest annual moves came in 2022 and 2024: Research & Development surged 162.34% in 2022, then slumped 85.42% in 2024.
• Over 5 years, Research & Development stood at $22.8 million in 2022, then tumbled by 83.14% to $3.8 million in 2023, then decreased by 29.57% to $2.7 million in 2024, then rose by 24.46% to $3.4 million in 2025, then sank by 34.65% to $2.2 million in 2026.
• The last three Research & Development figures came in at $2.2 million (Q2 2026), $2.6 million (Q1 2026), and $3.4 million (Q4 2025), per Business Quant data.