ESS Tech (GWH) Asset Writedowns and Impairment (2023 - 2025)
ESS Tech's quarterly Asset Writedowns and Impairment came in at $30000.0 in Q2 2025, down 99.15% year-on-year from $3.5 million in Q2 2024, and up 103.88% quarter-over-quarter from -$774000.0 in Q1 2025.
ESS Tech has reported Asset Writedowns and Impairment for 3 years, with the latest figure at $30000.0 in Q2 2025.
- For the quarter ending Q2 2025, Asset Writedowns and Impairment fell 99.15% year-over-year to $30000.0; the trailing twelve-month figure through Jun 2025 stood at -$2.3 million (down 116.89% YoY), and the FY2025 full-year result was $1.7 million, changed N/A from the prior year.
- Asset Writedowns and Impairment for Q2 2025 stood at $30000.0, up from -$774000.0 in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $11.4 million in Q3 2023, with the low at -$5.2 million in Q4 2024.
- Average Asset Writedowns and Impairment over 3 years is $1.4 million, with a median of $270000.0 recorded in 2023.
- Year-over-year, Asset Writedowns and Impairment slumped 1113.73% in 2024 and soared 60.89% in 2025.
- Tracing GWH's Asset Writedowns and Impairment over 3 years: stood at $510000.0 in 2023, then tumbled by 1113.73% to -$5.2 million in 2024, then jumped by 100.58% to $30000.0 in 2025.
- The last three Asset Writedowns and Impairment figures came in at $30000.0 (Q2 2025), -$774000.0 (Q1 2025), and -$5.2 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn |
| 10 | ESS Tech | 28.05 Mn | 28.05 Mn | -7.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 30,000.00 |
| Jun 30, 2025 | 30,000.00 |
| Mar 31, 2025 | -774,000.00 |
| Mar 31, 2025 | -774,000.00 |
| Dec 31, 2024 | -5.17 Mn |
| Dec 31, 2024 | -5.17 Mn |
| Sep 30, 2024 | 3.64 Mn |
| Sep 30, 2024 | 3.64 Mn |
| Jun 30, 2024 | 3.51 Mn |
| Jun 30, 2024 | 3.51 Mn |
| Mar 31, 2024 | -1.98 Mn |
| Mar 31, 2024 | -1.98 Mn |
| Dec 31, 2023 | 510,000.00 |
| Dec 31, 2023 | 510,000.00 |
| Sep 30, 2023 | 11.42 Mn |
| Sep 30, 2023 | 11.42 Mn |