ESS Tech, Inc.GWHNYSE
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R&D Expenses Over TimeContracting
Percentile Rank17
3Y CAGR-51.3%
5Y CAGR-8.4%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
-51.3%/yr
Annual compound
5Y CAGR
-8.4%/yr
Recent deceleration
Percentile
P17
Within normal range
vs 5Y Ago
0.6x
Contraction
Streak
3 yr
Consecutive declineContracting
PeriodValueYoY Change
TTM$8.30M-29.5%
2024$11.77M-72.4%
2023$42.63M-40.8%
2022$71.98M+137.8%
2021$30.27M+134.8%
2020$12.90M+93.6%
2019$6.66M-