Progress Software (PRGS) Change in Receivables (2009 - 2026)

Progress Software (PRGS) posted quarterly Change in Receivables of -$54.7 million for Q1 2026, down 65.82% year-over-year from -$160.2 million in Q1 2025, and down 198.27% on a QoQ basis from $55.7 million in Q4 2025.

Progress Software (PRGS) Change in Receivables (2009 - 2026) Analysis & Trends

Progress Software (PRGS) has reported Change in Receivables for 18 consecutive years, with -$54.7 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Receivables fell 65.82% year-over-year to -$54.7 million; the TTM figure through Feb 2026 stood at $24.8 million (down 42.66% YoY), while the FY2025 annual figure was $46.6 million, up 1.5% from the prior year.
  • Change in Receivables came in at -$54.7 million for Q1 2026 at Progress Software, down from $55.7 million in the prior quarter.
  • The five-year high for Change in Receivables was $71.3 million in Q4 2024, with the low at -$54.7 million in Q1 2026.
  • Average Change in Receivables over 5 years is $3.1 million, with a median of $5.2 million recorded in 2023.
  • Across the five-year window, Change in Receivables slumped 95.87% in 2023 and jumped 352.17% in 2025, its largest moves.
  • Year by year, Change in Receivables stood at $30.1 million in 2022, then slumped by 35.71% to $19.4 million in 2023, then surged by 268.24% to $71.3 million in 2024, then fell by 21.87% to $55.7 million in 2025, then sank by 198.27% to -$54.7 million in 2026.
  • According to Business Quant data, Change in Receivables over the past three periods registered -$54.7 million, $55.7 million, and $14.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Receivables (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 4.71 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn -11.00 Mn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 360.97 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 758.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 348.72 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn -205.20 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -1.40 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 128.65 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -
10 Progress Software 1.65 Bn 1.54 Bn 203.94 Mn -54.74 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 -54.74 Mn
Feb 28, 2026 -54.74 Mn
Nov 30, 2025 55.70 Mn
Nov 30, 2025 55.70 Mn
Aug 31, 2025 14.51 Mn
Aug 31, 2025 14.51 Mn
May 31, 2025 9.37 Mn
May 31, 2025 9.37 Mn
Feb 28, 2025 -33.01 Mn
Feb 28, 2025 -33.01 Mn
Nov 30, 2024 71.29 Mn
Nov 30, 2024 71.29 Mn
Aug 31, 2024 8.76 Mn
Aug 31, 2024 8.76 Mn
May 31, 2024 -3.72 Mn
May 31, 2024 -3.72 Mn
Feb 29, 2024 -30.45 Mn
Feb 29, 2024 -30.45 Mn
Nov 30, 2023 19.36 Mn
Nov 30, 2023 19.36 Mn