Progress Software (PRGS) Asset Writedowns and Impairment (2012 - 2026)
Progress Software (PRGS) posted quarterly Asset Writedowns and Impairment of $4.5 million for Q2 2026, up 574.7% year-over-year from $668000.0 in Q2 2025, and up 74.15% quarter-over-quarter from $2.6 million in Q1 2026.
Progress Software (PRGS) Asset Writedowns and Impairment (2012 - 2026) Analysis & Trends
Progress Software's Asset Writedowns and Impairment history runs 15 years deep, the most recent figure standing at $4.5 million for Q2 2026.
- In Q2 2026, Asset Writedowns and Impairment rose 574.7% year-over-year to $4.5 million; the TTM figure through May 2026 stood at $9.6 million (up 348.0% YoY), while the FY2025 annual figure was $4.5 million, up 730.7% from the prior year.
- Asset Writedowns and Impairment for Q2 2026 stood at $4.5 million, up from $2.6 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $4.5 million in Q2 2026, with the low at -$58000.0 in Q3 2024.
- The 5-year median for Asset Writedowns and Impairment is $257000.0 (2023), against an average of $745555.6.
- The sharpest annual moves came in 2022 and 2024: Asset Writedowns and Impairment soared 3191.67% in 2022, then tumbled 119.4% in 2024.
- Progress Software's Asset Writedowns and Impairment stood at $64000.0 in 2022, then slumped by 75.0% to $16000.0 in 2023, then jumped by 1243.75% to $215000.0 in 2024, then soared by 369.3% to $1.0 million in 2025, then soared by 346.68% to $4.5 million in 2026.
- Business Quant data shows PRGS's Asset Writedowns and Impairment at $4.5 million in Q2 2026, $2.6 million in Q1 2026, and $1.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Progress Software | 1.81 Bn | 1.70 Bn | 208.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 4.51 Mn |
| May 31, 2026 | 4.51 Mn |
| Feb 28, 2026 | 2.59 Mn |
| Feb 28, 2026 | 2.59 Mn |
| Nov 30, 2025 | 1.01 Mn |
| Nov 30, 2025 | 1.01 Mn |
| Aug 31, 2025 | 1.52 Mn |
| Aug 31, 2025 | 1.52 Mn |
| May 31, 2025 | 668,000.00 |
| May 31, 2025 | 668,000.00 |
| Feb 28, 2025 | 1.32 Mn |
| Feb 28, 2025 | 1.32 Mn |
| Nov 30, 2024 | 215,000.00 |
| Nov 30, 2024 | 215,000.00 |
| Aug 31, 2024 | -58,000.00 |
| Aug 31, 2024 | -58,000.00 |
| May 31, 2024 | 24,000.00 |
| May 31, 2024 | 24,000.00 |
| Feb 29, 2024 | 363,000.00 |
| Feb 29, 2024 | 363,000.00 |