Progress Software PRGS
NASDAQ PRGS
$42.17 -1.88 (-4.26%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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