Progress Software (PRGS) Convertible Debt (2021 - 2026)
Progress Software (PRGS) recorded Convertible Debt of $442.64 million in fiscal Q3 2026 (quarter ended Aug 31, 2026), up 0.4% from $440.71 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Progress Software (PRGS) Convertible Debt (2021 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Progress Software reported Convertible Debt of $441.19 million, down 44.6% from FY2024.
- Annual Convertible Debt has a four-year compound annual growth rate of 10.6% (FY2021 to FY2025).
- Across earlier fiscal years, Convertible Debt came in at $796.27 million in FY2024 (+124.4%), $354.77 million in FY2023 (+0.6%), $352.63 million in FY2022 (+19.7%) and $294.54 million in FY2021.
- The fiscal Q3 2026 figure is the highest quarterly Convertible Debt since fiscal Q1 2025.
- On a year-over-year basis, Convertible Debt rose in four of the last eight quarters, with growth averaging 8.9%.
- Peak year-over-year performance for Convertible Debt in the last five years was growth of 124.6% in fiscal Q2 2024, against a decline of 44.6% in fiscal Q1 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $442.15 million (Q2 2026), $441.66 million (Q1 2026) and $441.19 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.09 Bn | 245.16 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 244.26 Bn | 224.66 Bn | 1.10 Bn |
| 3 | Fortinet | 127.58 Bn | 113.51 Bn | 1.64 Bn |
| 4 | Snowflake | 112.93 Bn | 100.25 Bn | 1.04 Bn |
| 5 | Datadog | 97.34 Bn | 78.98 Bn | 881.34 Mn |
| 6 | Zscaler | 37.10 Bn | 23.22 Bn | - |
| 7 | Okta | 36.45 Bn | 26.54 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 32.48 Bn | 27.00 Bn | 546.45 Mn |
| 9 | MongoDB | 31.35 Bn | 21.82 Bn | 569.77 Mn |
| 10 | Progress Software | 1.80 Bn | 1.37 Bn | 203.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 442.64 Mn |
| May 31, 2026 | 442.15 Mn |
| Feb 28, 2026 | 441.66 Mn |
| Nov 30, 2025 | 441.19 Mn |
| Aug 31, 2025 | 440.71 Mn |
| May 31, 2025 | 440.24 Mn |
| Feb 28, 2025 | 797.28 Mn |
| Nov 30, 2024 | 796.27 Mn |
| Aug 31, 2024 | 795.28 Mn |
| May 31, 2024 | 794.28 Mn |
| Feb 29, 2024 | 355.32 Mn |
| Nov 30, 2023 | 354.77 Mn |
| Aug 31, 2023 | 354.25 Mn |
| May 31, 2023 | 353.70 Mn |
| Feb 28, 2023 | 353.16 Mn |
| Nov 30, 2022 | 352.63 Mn |
| Aug 31, 2022 | 352.11 Mn |
| May 31, 2022 | 351.57 Mn |
| Feb 28, 2022 | 351.04 Mn |
| Nov 30, 2021 | 294.54 Mn |
API Access
Progress Software Convertible Debt 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=convertible-debt&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "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=convertible-debt&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();