ESS Tech (GWH) Research & Development (2021 - 2026)
ESS Tech (GWH) posted quarterly Research & Development of $254000.0 for Q1 2026, down 89.75% year-over-year from $2.5 million in Q1 2025, and up 123.2% quarter-over-quarter from -$1.1 million in Q4 2025.
ESS Tech (GWH) Research & Development (2021 - 2026) Analysis & Trends
ESS Tech's Research & Development history runs 6 years deep, the most recent figure standing at $254000.0 for Q1 2026.
- In Q1 2026, Research & Development fell 89.75% year-over-year to $254000.0; the TTM figure through Mar 2026 stood at $943000.0 (down 92.28% YoY), while the FY2025 annual figure was $3.8 million, down 67.43% from the prior year.
- Research & Development for Q1 2026 stood at $254000.0, up from -$1.1 million in the prior quarter.
- The five-year high for Research & Development was $17.7 million in Q1 2023, with the low at -$31.0 million in Q4 2023.
- The 5-year median for Research & Development is $1.8 million (2022), against an average of $1.1 million.
- Peak annual rise in Research & Development reached 1081.35% in 2023, while the deepest fall reached 1903.95% in 2023.
- ESS Tech's Research & Development stood at $1.7 million in 2022, then slumped by 1903.95% to -$31.0 million in 2023, then soared by 114.49% to $4.5 million in 2024, then slumped by 124.34% to -$1.1 million in 2025, then surged by 123.2% to $254000.0 in 2026.
- Business Quant data shows GWH's Research & Development at $254000.0 in Q1 2026, -$1.1 million in Q4 2025, and $360000.0 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | - |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 58.87 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 24.50 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | - |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 65.00 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 4.30 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | - |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 7.67 Mn |
| 10 | ESS Tech | 13.14 Mn | 13.14 Mn | -7.42 Mn | 2.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.20 Mn |
| Mar 31, 2026 | 254,000.00 |
| Dec 31, 2025 | -1.10 Mn |
| Sep 30, 2025 | 360,000.00 |
| Jun 30, 2025 | 1.42 Mn |
| Mar 31, 2025 | 2.48 Mn |
| Dec 31, 2024 | 4.50 Mn |
| Sep 30, 2024 | 2.53 Mn |
| Jun 30, 2024 | 2.71 Mn |
| Mar 31, 2024 | 2.03 Mn |
| Dec 31, 2023 | -31.05 Mn |
| Sep 30, 2023 | 8.00 Mn |
| Jun 30, 2023 | 1.74 Mn |
| Mar 31, 2023 | 17.73 Mn |
| Dec 31, 2022 | 1.72 Mn |
| Sep 30, 2022 | 1.82 Mn |
| Jun 30, 2022 | 1.90 Mn |
| Mar 31, 2022 | 1.50 Mn |
| Dec 31, 2021 | 10.73 Mn |
| Sep 30, 2021 | 1.05 Mn |