ESS Tech (GWH) Asset Writedowns and Impairment (2023 - 2025)

ESS Tech's (GWH) 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 (GWH) Asset Writedowns and Impairment (2023 - 2025) Analysis & Trends

ESS Tech's Asset Writedowns and Impairment history runs 3 years deep, the most recent figure standing at $30000.0 for Q2 2025.

  • On a quarterly basis, Asset Writedowns and Impairment fell 99.15% year-over-year to $30000.0 in Q2 2025; TTM through Jun 2025 was -$2.3 million, a 116.89% decrease from a year earlier, with the FY2025 full-year figure at $1.7 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment improved to $30000.0 in Q2 2025 per GWH's latest filing, from -$774000.0 in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $11.4 million in Q3 2023 and bottomed at -$5.2 million in Q4 2024.
  • The 3-year median for Asset Writedowns and Impairment is $270000.0 (2023), against an average of $1.4 million.
  • Across the five-year window, Asset Writedowns and Impairment slumped 1113.73% in 2024 and soared 60.89% in 2025, its largest moves.
  • Year by year, Asset Writedowns and Impairment stood at $510000.0 in 2023, then slumped by 1113.73% to -$5.2 million in 2024, then soared by 100.58% to $30000.0 in 2025.
  • Per Business Quant, the three latest GWH Asset Writedowns and Impairment figures stand at $30000.0 (Q2 2025), -$774000.0 (Q1 2025), and -$5.2 million (Q4 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 406.66 Bn 406.64 Bn 6.04 Mn
2 Vertiv Holdings 107.51 Bn 105.01 Bn 999.70 Mn
3 Bloom Energy 51.78 Bn 49.29 Bn 225.54 Mn
4 Hubbell 25.69 Bn 25.17 Bn 505.30 Mn
5 nVent Electric 23.67 Bn 23.48 Bn 445.60 Mn
6 Advanced Energy Industries 10.79 Bn 10.10 Bn 200.90 Mn
7 Acuity Inc. (De) 10.07 Bn 9.66 Bn 606.40 Mn
8 Powell Industries 7.90 Bn 7.36 Bn 87.94 Mn
9 EnerSys 6.99 Bn 6.55 Bn 290.87 Mn
10 ESS Tech 22.56 Mn 1.09 Mn -7.04 Mn

Historic Data

Download Data
DateValue
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