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| Date | Value |
|---|---|
| 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 |