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ESS Tech (GWH) Research & Development (2021 - 2025)

ESS Tech has reported Research & Development over the past 5 years, most recently at $3.4 million for Q4 2025.

  • Quarterly results put Research & Development at $3.4 million for Q4 2025, up 24.46% from a year ago — trailing twelve months through Dec 2025 was $8.3 million (down 29.52% YoY), and the annual figure for FY2025 was $8.3 million, down 29.52%.
  • Research & Development for Q4 2025 was $3.4 million at ESS Tech, up from $1.0 million in the prior quarter.
  • Over the last five years, Research & Development for GWH hit a ceiling of $22.8 million in Q4 2022 and a floor of $1.0 million in Q3 2025.
  • Median Research & Development over the past 5 years was $5.9 million (2021), compared with a mean of $8.6 million.
  • Biggest five-year swings in Research & Development: soared 162.34% in 2022 and later crashed 85.42% in 2024.
  • ESS Tech's Research & Development stood at $10.7 million in 2021, then skyrocketed by 112.41% to $22.8 million in 2022, then crashed 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.
  • The last three reported values for Research & Development were $3.4 million (Q4 2025), $1.0 million (Q3 2025), and $1.4 million (Q2 2025) per Business Quant data.