Progress Software (PRGS) Change in Receivables (2009 - 2026)
Progress Software (PRGS) posted Change in Receivables of $8.68 million for fiscal Q2 2026 (quarter ended May 31, 2026), down 7.4% from $9.37 million a year earlier.
Progress Software (PRGS) Change in Receivables (2009 - 2026) Analysis & Trends
For the trailing twelve months through May 31, 2026, Change in Receivables at Progress Software was $24.15 million, down 57.2% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $46.57 million, up 1.5% from FY2024.
- In prior fiscal years, Progress Software's Change in Receivables was $45.88 million in FY2024, -$12.12 million in FY2023, $27.25 million in FY2022 (+147.8%) and $11 million in FY2021.
- Quarterly Change in Receivables has run from a low of -$54.74 million in fiscal Q1 2026 to a high of $71.29 million in fiscal Q4 2024 over five years.
- On a year-over-year basis, Change in Receivables increased in three of the last five quarters, with growth averaging 74.6%.
- The strongest year-over-year quarter for Change in Receivables in the past five years was fiscal Q3 2021, with growth of 540.9%; the weakest was fiscal Q3 2023, with a decline of 69.4%.
- According to Business Quant data, Change in Receivables for the three prior fiscal quarters was -$54.74 million (Q1 2026), $55.7 million (Q4 2025) and $14.51 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | 776.00 Mn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 104.65 Mn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | -29.90 Mn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | 146.59 Mn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 151.65 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 83.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 305.83 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | - |
| 10 | Progress Software | 1.64 Bn | 1.21 Bn | 203.54 Mn | -9.02 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -9.02 Mn |
| May 31, 2026 | 8.68 Mn |
| Feb 28, 2026 | -54.74 Mn |
| Nov 30, 2025 | 55.70 Mn |
| Aug 31, 2025 | 14.51 Mn |
| May 31, 2025 | 9.37 Mn |
| Feb 28, 2025 | -33.01 Mn |
| Nov 30, 2024 | 71.29 Mn |
| Aug 31, 2024 | 8.76 Mn |
| May 31, 2024 | -3.72 Mn |
| Feb 29, 2024 | -30.45 Mn |
| Nov 30, 2023 | 19.36 Mn |
| Aug 31, 2023 | 5.21 Mn |
| May 31, 2023 | -10.85 Mn |
| Feb 28, 2023 | -25.84 Mn |
| Nov 30, 2022 | 30.11 Mn |
| Aug 31, 2022 | 17.04 Mn |
| May 31, 2022 | -6.70 Mn |
| Feb 28, 2022 | -13.19 Mn |
| Nov 30, 2021 | 9.68 Mn |
Progress Software Change in Receivables 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=change-in-receivables&ticker=PRGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "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=change-in-receivables&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();