Ginkgo Bioworks Holdings (DNA) Asset Writedowns and Impairment (2022 - 2024)
Ginkgo Bioworks Holdings' (DNA) quarterly Asset Writedowns and Impairment came in at $47.9 million in Q2 2024, up 431.7% on a YoY basis from $9.0 million in Q3 2023, and down 57.42% quarter-over-quarter from $112.4 million in Q3 2023.
Analysis
Ginkgo Bioworks Holdings (DNA) Asset Writedowns and Impairment (2022 - 2024) Analysis & Trends
Ginkgo Bioworks Holdings (DNA) has reported Asset Writedowns and Impairment for 3 consecutive years, with $47.9 million the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Asset Writedowns and Impairment rose 431.7% year-over-year to $47.9 million; the trailing twelve-month figure through Sep 2025 stood at $47.9 million (down 70.14% YoY), and the FY2024 full-year result was $4.8 million, down 96.03% from the prior year.
- Asset Writedowns and Impairment fell to $47.9 million in Q2 2024 per DNA's latest filing, from $112.4 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $112.4 million in Q3 2023 and bottomed at -$10.1 million in Q4 2022.
- Historically, Asset Writedowns and Impairment has averaged $39.8 million across 3 years, with a median of $28.4 million in 2023.
- The widest YoY moves for Asset Writedowns and Impairment: up 431.7% in 2024, down 431.7% in 2024.
- Over 3 years, Asset Writedowns and Impairment stood at -$10.1 million in 2022, then soared by 1212.9% to $112.4 million in 2023, then tumbled by 57.42% to $47.9 million in 2024.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $47.9 million, $112.4 million, and $9.0 million for Q2 2024, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.72 Bn | 42.64 Bn | 1.44 Bn |
| 2 | Medpace Holdings | 17.37 Bn | 16.87 Bn | 201.64 Mn |
| 3 | Icon | 13.65 Bn | 12.72 Bn | 479.29 Mn |
| 4 | Charles River Laboratories International | 13.13 Bn | 12.94 Bn | 452.07 Mn |
| 5 | Fortrea Holdings | 1.89 Bn | 1.72 Bn | 139.20 Mn |
| 6 | Evotec SE | 574.75 Mn | 148.87 Mn | - |
| 7 | Ginkgo Bioworks Holdings | 439.63 Mn | 355.09 Mn | 18.44 Mn |
| 8 | Champions Oncology | 69.43 Mn | 65.03 Mn | 7.70 Mn |
| 9 | MindWalk Holdings | 51.76 Mn | 46.29 Mn | 1.61 Mn |
| 10 | VivoSim Labs | 1.37 Mn | 1.37 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 47.86 Mn |
| Sep 30, 2023 | 112.40 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Dec 31, 2022 | -10.10 Mn |