Progress Software (PRGS) Accounts Payables (2009 - 2026)
Progress Software (PRGS) reported Accounts Payables of $11.19 million for fiscal Q2 2026 (quarter ended May 31, 2026), up 23.7% from $9.04 million a year earlier but down 19.3% from the prior quarter.
Progress Software (PRGS) Accounts Payables (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Progress Software posted Accounts Payables of $15.93 million, up 14.6% from FY2024.
- Accounts Payables has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 9.8% (FY2020 to FY2025).
- By fiscal year, Accounts Payables came in at $13.91 million in FY2024 (+12.4%), $12.37 million in FY2023 (+33.3%), $9.28 million in FY2022 (-4.1%) and $9.68 million in FY2021 (-3.0%).
- Five-year quarterly Accounts Payables spans a low of $6.67 million in fiscal Q3 2021 and a high of $15.93 million in fiscal Q4 2025.
- Year over year, Accounts Payables gained in seven of the last eight quarters, with growth averaging 17.7%.
- The high point for year-over-year Accounts Payables in five years was fiscal Q1 2025 (growth of 48.9%); the low point was fiscal Q2 2023 (a decline of 27.8%).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at $13.87 million (Q1 2026), $15.93 million (Q4 2025) and $12.85 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | 290.00 Mn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 114.49 Mn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 282.50 Mn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | 185.25 Mn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 313.53 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 10.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 269.96 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | 47.97 Mn |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 5.90 Bn |
| 10 | Progress Software | 1.64 Bn | 1.21 Bn | 203.54 Mn | 10.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 10.16 Mn |
| May 31, 2026 | 11.19 Mn |
| Feb 28, 2026 | 13.87 Mn |
| Nov 30, 2025 | 15.93 Mn |
| Aug 31, 2025 | 12.85 Mn |
| May 31, 2025 | 9.04 Mn |
| Feb 28, 2025 | 14.77 Mn |
| Nov 30, 2024 | 13.91 Mn |
| Aug 31, 2024 | 10.78 Mn |
| May 31, 2024 | 8.58 Mn |
| Feb 29, 2024 | 9.92 Mn |
| Nov 30, 2023 | 12.37 Mn |
| Aug 31, 2023 | 8.73 Mn |
| May 31, 2023 | 7.16 Mn |
| Feb 28, 2023 | 10.46 Mn |
| Nov 30, 2022 | 9.28 Mn |
| Aug 31, 2022 | 7.72 Mn |
| May 31, 2022 | 9.92 Mn |
| Feb 28, 2022 | 8.04 Mn |
| Nov 30, 2021 | 9.68 Mn |
Progress Software Accounts Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accounts-payables&ticker=PRGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "PRGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();