Applied Industrial Technologies (AIT) Asset Writedowns and Impairment (2019 - 2026)

Applied Industrial Technologies (AIT) has reported Asset Writedowns and Impairment for 8 consecutive years, with $1.3 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Asset Writedowns and Impairment rose 240.08% year-over-year to $1.3 million; the TTM figure through Mar 2026 stood at $4.4 million (up 205.74% YoY), while the FY2025 annual figure was $6.0 million, up 3016.1% from the prior year.
• Asset Writedowns and Impairment eased to $1.3 million in Q1 2026 per AIT's latest filing, from $1.4 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $5.6 million in Q4 2022 and bottomed at -$4.9 million in Q1 2023.
• Historically, Asset Writedowns and Impairment has averaged $798437.5 across 5 years, with a median of $905000.0 in 2023.
• Annual changes were most pronounced in 2024 — Asset Writedowns and Impairment soared 1503.14% — and 2025, when it sank 3712.0%.
• Applied Industrial Technologies' Asset Writedowns and Impairment stood at $5.6 million in 2022, then plunged by 97.15% to $159000.0 in 2023, then soared by 1503.14% to $2.5 million in 2024, then slumped by 43.86% to $1.4 million in 2025, then slipped by 6.71% to $1.3 million in 2026.
• Business Quant data shows AIT's Asset Writedowns and Impairment at $1.3 million in Q1 2026, $1.4 million in Q4 2025, and -$1.7 million in Q3 2025.