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Progress Software (PRGS) Asset Writedowns and Impairment (2016 - 2026)

Progress Software's Asset Writedowns and Impairment history spans 16 years, with the latest figure at $2.6 million for Q1 2026.

  • Quarterly Asset Writedowns and Impairment rose 95.62% to $2.6 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $5.8 million through Feb 2026, up 284.57% year-over-year, with the annual reading at $4.5 million for FY2025, 730.7% up from the prior year.
  • Asset Writedowns and Impairment came in at $2.6 million for Q1 2026, up from $1.0 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $2.6 million in Q1 2026 to a low of -$58000.0 in Q3 2024.
  • The 5-year median for Asset Writedowns and Impairment is $215000.0 (2024), against an average of $524294.1.
  • Year-over-year, Asset Writedowns and Impairment soared 3191.67% in 2022 and then plummeted 119.4% in 2024.
  • Progress Software's Asset Writedowns and Impairment stood at $64000.0 in 2022, then plummeted by 75.0% to $16000.0 in 2023, then skyrocketed by 1243.75% to $215000.0 in 2024, then soared by 369.3% to $1.0 million in 2025, then surged by 156.49% to $2.6 million in 2026.
  • Per Business Quant, the three most recent readings for PRGS's Asset Writedowns and Impairment are $2.6 million (Q1 2026), $1.0 million (Q4 2025), and $1.5 million (Q3 2025).