Progress Software (PRGS) Asset Writedowns and Impairment (2011 - 2026)
Progress Software (PRGS) posted Asset Writedowns and Impairment of $4.5 million for Q2 2026, up 74.15% on a QoQ basis from $2.6 million in Q1 2026, and up 574.7% year-over-year from $668000.0 in Q2 2025.
Analysis
Progress Software (PRGS) Asset Writedowns and Impairment (2011 - 2026) Analysis & Trends
Progress Software has reported Asset Writedowns and Impairment for 16 years, with the latest figure at $4.5 million in 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 was $4.5 million for Q2 2026 at Progress Software, 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.
- Average Asset Writedowns and Impairment over 5 years is $745555.6, with a median of $257000.0 recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Asset Writedowns and Impairment surged 3191.67% in 2022, then tumbled 119.4% in 2024.
- Over 5 years, Asset Writedowns and Impairment stood at $64000.0 in 2022, then slumped by 75.0% to $16000.0 in 2023, then soared by 1243.75% to $215000.0 in 2024, then surged by 369.3% to $1.0 million in 2025, then surged by 346.68% to $4.5 million in 2026.
- The last three Asset Writedowns and Impairment figures came in at $4.5 million (Q2 2026), $2.6 million (Q1 2026), and $1.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unity Software | 18.69 Bn | 16.34 Bn | 434.76 Mn |
| 2 | JFrog | 10.57 Bn | 9.74 Bn | 127.62 Mn |
| 3 | Gitlab | 7.94 Bn | 6.68 Bn | 240.62 Mn |
| 4 | Aurora Mobile | 4.05 Bn | 4.02 Bn | 10.20 Mn |
| 5 | Progress Software | 1.77 Bn | 1.66 Bn | 208.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 4.51 Mn |
| Feb 28, 2026 | 2.59 Mn |
| Nov 30, 2025 | 1.01 Mn |
| Aug 31, 2025 | 1.52 Mn |
| May 31, 2025 | 668,000.00 |
| Feb 28, 2025 | 1.32 Mn |
| Nov 30, 2024 | 215,000.00 |
| Aug 31, 2024 | -58,000.00 |
| May 31, 2024 | 24,000.00 |
| Feb 29, 2024 | 363,000.00 |
| Nov 30, 2023 | 16,000.00 |
| Aug 31, 2023 | 299,000.00 |
| May 31, 2023 | 15,000.00 |
| Feb 28, 2023 | 158,000.00 |
| Nov 30, 2022 | 64,000.00 |
| Aug 31, 2022 | 371,000.00 |
| May 31, 2022 | 194,000.00 |
| Feb 28, 2022 | 145,000.00 |
| Nov 30, 2021 | 88,000.00 |
| Aug 31, 2021 | -12,000.00 |