Progress Software (PRGS) Cash & Equivalents (2009 - 2026)
Progress Software's Cash & Equivalents was $113.65 million in fiscal Q3 2026 (quarter ended Aug 31, 2026), up 14.8% from $99.01 million a year earlier and up 10.4% from the prior quarter.
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Analysis
Progress Software (PRGS) Cash & Equivalents (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Cash & Equivalents at Progress Software came in at $94.81 million, down 19.7% from FY2024.
- Cash & Equivalents has now declined for three consecutive fiscal years, with a five-year compound annual growth rate of -0.7% (FY2020 to FY2025).
- In earlier fiscal years, Cash & Equivalents was $118.08 million in FY2024 (-7.0%), $126.96 million in FY2023 (-50.5%), $256.28 million in FY2022 (+64.9%) and $155.41 million in FY2021 (+58.6%).
- The fiscal Q3 2026 figure marks the highest quarterly Cash & Equivalents since fiscal Q1 2025.
- Compared with a year earlier, Cash & Equivalents was higher in two of the last eight quarters, with an average decline of 16.3%.
- The best year-over-year quarter for Cash & Equivalents over five years was fiscal Q3 2024 (growth of 68.6%); the worst was fiscal Q3 2025 (a decline of 57.5%).
- Per Business Quant data, PRGS's Cash & Equivalents in the three fiscal quarters before Q3 2026 was $102.98 million (Q2 2026), $113.17 million (Q1 2026) and $94.81 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 322.94 Bn | 308.02 Bn | 2.30 Bn | 2.51 Bn |
| 2 | CrowdStrike Holdings | 272.46 Bn | 252.90 Bn | 1.10 Bn | 5.01 Bn |
| 3 | Fortinet | 131.11 Bn | 117.04 Bn | 1.64 Bn | 2.93 Bn |
| 4 | Snowflake | 120.49 Bn | 107.81 Bn | 1.04 Bn | 1.71 Bn |
| 5 | Datadog | 99.24 Bn | 80.88 Bn | 881.34 Mn | 434.96 Mn |
| 6 | Okta | 35.54 Bn | 25.63 Bn | 641.00 Mn | 763.00 Mn |
| 7 | Axon Enterprise | 34.30 Bn | 28.82 Bn | 546.45 Mn | 597.70 Mn |
| 8 | Zscaler | 32.41 Bn | 18.53 Bn | - | 928.35 Mn |
| 9 | Baidu | 29.12 Bn | -44.51 Bn | 1.47 Mn | 3.61 Bn |
| 10 | Progress Software | 1.50 Bn | 1.07 Bn | 203.54 Mn | 113.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 113.65 Mn |
| May 31, 2026 | 102.98 Mn |
| Feb 28, 2026 | 113.17 Mn |
| Nov 30, 2025 | 94.81 Mn |
| Aug 31, 2025 | 99.01 Mn |
| May 31, 2025 | 102.01 Mn |
| Feb 28, 2025 | 124.16 Mn |
| Nov 30, 2024 | 118.08 Mn |
| Aug 31, 2024 | 232.71 Mn |
| May 31, 2024 | 190.42 Mn |
| Feb 29, 2024 | 133.22 Mn |
| Nov 30, 2023 | 126.96 Mn |
| Aug 31, 2023 | 138.00 Mn |
| May 31, 2023 | 125.53 Mn |
| Feb 28, 2023 | 107.98 Mn |
| Nov 30, 2022 | 256.28 Mn |
| Aug 31, 2022 | 224.12 Mn |
| May 31, 2022 | 224.86 Mn |
| Feb 28, 2022 | 171.67 Mn |
| Nov 30, 2021 | 155.41 Mn |
API Access
Progress Software Cash & Equivalents 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=cash-and-equivalents&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();