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Progress Software PRGS Reportable Segment — Amortization of intangibles
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Where this comes from
Reported directly by Progress Software in its filing.
Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.
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) | Three Months Ended / May 31, 2026 | Three Months Ended / May 31, 2025 | Six Months Ended / May 31, 2026 | Six Months Ended / May 31, 2025 |
|---|---|---|---|---|
| Costs of revenue (1) | 34,426 | 35,191 | 67,921 | 69,805 |
| Sales and marketing (2) | 50,282 | 46,014 | 98,196 | 94,278 |
| Product development (2) | 42,993 | 41,586 | 87,872 | 83,551 |
| General and administrative (2) | 23,141 | 19,103 | 42,467 | 38,680 |
| Stock-based compensation | 20,509 | 16,741 | 38,983 | 31,424 |
| Amortization of intangibles | 35,105 | 36,600 | 69,473 | 72,830 |
| Other segment items, net (3) | 25,936 | 25,091 | 52,466 | 56,827 |
| Net income | $21,073 | $17,029 | $43,886 | $27,975 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Progress Software's reportable segment — amortization of intangibles?
- Progress Software (PRGS) reported reportable segment — amortization of intangibles of $35.11M in Q1 2026.
- How has Progress Software's reportable segment — amortization of intangibles changed year-over-year?
- Progress Software's reportable segment — amortization of intangibles decreased by 4.1% year-over-year, from $36.6M to $35.11M.
- What does reportable segment — amortization of intangibles mean?
- Reflects the systematic allocation of the cost of acquired intangible assets, such as software technology, customer relationships, and brand names, over their useful lives. This non-cash charge is often associated with historical M&A activity within the segment. It is important for understanding the impact of past acquisitions on current reported earnings.
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