Progress Software (PRGS) Asset Utilization Ratio (2010 - 2026)
Progress Software (PRGS) posted Asset Utilization Ratio of 0.42 for Q2 2026, up 4.03% on a QoQ basis from 0.41 in Q1 2026, and up 18.81% year-over-year from 0.36 in Q2 2025.
Analysis
Progress Software (PRGS) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Progress Software has reported Asset Utilization Ratio for 17 years, with the latest figure at 0.42 in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio rose 18.81% year-over-year to 0.42 in Q2 2026; TTM through May 2026 was 0.42, a 18.81% increase from a year earlier, with the FY2025 full-year figure at 0.39, up 7.53% from the prior year.
- Asset Utilization Ratio was 0.42 for Q2 2026 at Progress Software, up from 0.41 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.45 in Q2 2024, with the low at 0.32 in Q1 2025.
- Average Asset Utilization Ratio over 5 years is 0.41, with a median of 0.42 recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Asset Utilization Ratio declined 28.74% in 2025, then grew 25.88% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 0.44 in 2022, then slipped by 0.6% to 0.43 in 2023, then fell by 16.27% to 0.36 in 2024, then grew by 10.3% to 0.4 in 2025, then grew by 5.66% to 0.42 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.42 (Q2 2026), 0.41 (Q1 2026), and 0.4 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Unity Software | 18.69 Bn | 16.34 Bn | 434.76 Mn | 0.31 |
| 2 | JFrog | 10.57 Bn | 9.74 Bn | 127.62 Mn | 0.42 |
| 3 | Gitlab | 7.94 Bn | 6.68 Bn | 240.62 Mn | 0.63 |
| 4 | Aurora Mobile | 4.05 Bn | 4.02 Bn | 10.20 Mn | 0.98 |
| 5 | Progress Software | 1.77 Bn | 1.66 Bn | 208.59 Mn | 0.42 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 0.42 |
| Feb 28, 2026 | 0.41 |
| Nov 30, 2025 | 0.40 |
| Aug 31, 2025 | 0.39 |
| May 31, 2025 | 0.36 |
| Feb 28, 2025 | 0.32 |
| Nov 30, 2024 | 0.36 |
| Aug 31, 2024 | 0.45 |
| May 31, 2024 | 0.45 |
| Feb 29, 2024 | 0.45 |
| Nov 30, 2023 | 0.43 |
| Aug 31, 2023 | 0.42 |
| May 31, 2023 | 0.40 |
| Feb 28, 2023 | 0.41 |
| Nov 30, 2022 | 0.44 |
| Aug 31, 2022 | 0.43 |
| May 31, 2022 | 0.43 |
| Feb 28, 2022 | 0.41 |
| Nov 30, 2021 | 0.40 |
| Aug 31, 2021 | 0.41 |