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
DateValue
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