ESS Tech (GWH) Asset Writedowns and Impairment (2023 - 2025)
ESS Tech (GWH) posted quarterly Asset Writedowns and Impairment of $30000.0 for Q2 2025, down 99.15% year-over-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.
- In Q2 2025, Asset Writedowns and Impairment fell 99.15% year-over-year to $30000.0; the TTM figure through Jun 2025 stood at -$2.3 million (down 116.89% YoY), while the FY2025 annual figure 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.
- The 3-year median for Asset Writedowns and Impairment is $270000.0 (2023), against an average of $1.4 million.
- The sharpest annual moves came in 2024 and 2025: Asset Writedowns and Impairment sank 1113.73% in 2024, then soared 60.89% in 2025.
- ESS Tech's Asset Writedowns and Impairment stood at $510000.0 in 2023, then tumbled by 1113.73% to -$5.2 million in 2024, then surged by 100.58% to $30000.0 in 2025.
- Business Quant data shows GWH's Asset Writedowns and Impairment at $30000.0 in Q2 2025, -$774000.0 in Q1 2025, and -$5.2 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn |
| 10 | ESS Tech | 13.23 Mn | 13.23 Mn | -7.42 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 |