Progress Software (PRGS) Asset Writedowns and Impairment (2011 - 2026)
Progress Software (PRGS) recorded quarterly Asset Writedowns and Impairment of $2.6 million in Q1 2026, up 156.49% quarter-over-quarter from $1.0 million in Q4 2025, and up 95.62% on a YoY basis from $1.3 million in Q1 2025.
Progress Software (PRGS) Asset Writedowns and Impairment (2011 - 2026) Analysis & Trends
Progress Software's Asset Writedowns and Impairment history runs 16 years deep, the most recent figure standing at $2.6 million for 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 was $2.6 million for Q1 2026 at Progress Software, 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.
- Historically, Asset Writedowns and Impairment has averaged $524294.1 across 5 years, with a median of $215000.0 in 2024.
- The sharpest annual moves came in 2022 and 2024: Asset Writedowns and Impairment jumped 3191.67% in 2022, then plunged 119.4% in 2024.
- A 5-year view of Asset Writedowns and Impairment shows it stood at $64000.0 in 2022, then tumbled 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.
- The last three Asset Writedowns and Impairment figures came in at $2.6 million (Q1 2026), $1.0 million (Q4 2025), and $1.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn |
| 10 | Progress Software | 1.33 Bn | 1.21 Bn | 203.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Nov 30, 2023 | 16,000.00 |
| Nov 30, 2023 | 16,000.00 |