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Progress Software PRGS Amortization of Acquired Intangible Assets1
Amortization of Acquired Intangible Assets1 at other companies
Other financials
Where this comes from
Reported directly by Progress Software in its filing.
Tagged under the XBRL concept prgs:AmortizationofAcquiredIntangibleAssets1.
The source filing: Progress Software’s 10-Q, filed June 30, 2026.
- Filed
- Jun 30, 2026, 4:10 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000876167-26-000078
| (in thousands, except per share data) | Three Months Ended / May 31, 2026 | Three Months Ended / May 31, 2025 | Six Months Ended / May 31, 2026 | Six Months Ended / May 31, 2025 |
|---|---|---|---|---|
| Sales and marketing | 54,341 | 49,677 | 106,338 | 100,973 |
| Product development | 48,840 | 46,570 | 99,314 | 92,945 |
| General and administrative | 32,236 | 25,637 | 58,740 | 51,260 |
| Amortization of acquired intangibles | 26,167 | 26,063 | 51,784 | 51,871 |
| Cyber vulnerability response expenses, net | 1,266 | 730 | 2,624 | 1,467 |
| Restructuring expenses | 1,480 | 1,043 | 2,186 | 8,072 |
| Acquisition-related expenses | (939) | 1,731 | (125) | 4,221 |
| Total operating expenses | 163,391 | 151,451 | 320,861 | 310,809 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Progress Software's amortization of acquired intangible assets1?
- Progress Software (PRGS) reported amortization of acquired intangible assets1 of $26.17M in Q1 2026.
- How has Progress Software's amortization of acquired intangible assets1 changed year-over-year?
- Progress Software's amortization of acquired intangible assets1 increased by 0.4% year-over-year, from $26.06M to $26.17M.
- What is the long-term trend for Progress Software's amortization of acquired intangible assets1?
- Over 4 years (2021 to 2025), Progress Software's amortization of acquired intangible assets1 has grown at a 34.4% compound annual growth rate (CAGR), from $32M to $104.27M.
- What does amortization of acquired intangible assets1 mean?
- This represents the periodic amortization expense associated with intangible assets acquired through business combinations, such as customer relationships, trade names, and non-compete agreements, recorded within operating expenses. Unlike cost of revenue amortization, these charges relate to broader corporate assets rather than specific product delivery. Tracking this helps analysts adjust GAAP operating income to better reflect the underlying cash-generating performance of the core business.
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