Progress Software (PRGS) Asset Writedowns and Impairment (2011 - 2026)

Progress Software (PRGS) has reported Asset Writedowns and Impairment for 16 consecutive years, with $2.6 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Asset Writedowns and Impairment rose 95.62% year-over-year to $2.6 million; the TTM figure through Feb 2026 stood at $5.8 million (up 284.57% YoY), while the FY2025 annual figure was $4.5 million, up 730.7% from the prior year.
• Asset Writedowns and Impairment came in at $2.6 million for Q1 2026 at Progress Software, up from $1.0 million in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $2.6 million in Q1 2026, with the low at -$58000.0 in Q3 2024.
• Average Asset Writedowns and Impairment over 5 years is $524294.1, with a median of $215000.0 recorded in 2024.
• Across the five-year window, Asset Writedowns and Impairment jumped 3191.67% in 2022 and sank 119.4% in 2024, its largest moves.
• Year by year, Asset Writedowns and Impairment stood at $64000.0 in 2022, then plunged by 75.0% to $16000.0 in 2023, then surged by 1243.75% to $215000.0 in 2024, then jumped by 369.3% to $1.0 million in 2025, then soared by 156.49% to $2.6 million in 2026.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $2.6 million, $1.0 million, and $1.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.