Progress Software (PRGS) Asset Writedowns and Impairment (2012 - 2026)
Progress Software's (PRGS) quarterly Asset Writedowns and Impairment came in at $4.5 million in Q2 2026, up 574.7% year-on-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.
- On a quarterly basis, Asset Writedowns and Impairment rose 574.7% year-over-year to $4.5 million in Q2 2026; TTM through May 2026 was $9.6 million, a 348.0% increase from a year earlier, with the FY2025 full-year figure at $4.5 million, up 730.7% from the prior year.
- Asset Writedowns and Impairment rose to $4.5 million in Q2 2026 per PRGS's latest filing, from $2.6 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $4.5 million in Q2 2026 and bottomed 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.
- Across the five-year window, Asset Writedowns and Impairment soared 3191.67% in 2022 and plunged 119.4% in 2024, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at $64000.0 in 2022, then sank 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 jumped by 346.68% to $4.5 million in 2026.
- Per Business Quant, the three latest PRGS Asset Writedowns and Impairment figures stand at $4.5 million (Q2 2026), $2.6 million (Q1 2026), and $1.0 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn |
| 10 | Progress Software | 1.68 Bn | 1.58 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 |