Progress Software (PRGS) Convertible Debt (2021 - 2026)

Progress Software (PRGS) recorded quarterly Convertible Debt of $441.7 million in Q1 2026, little changed quarter-over-quarter from $441.2 million in Q4 2025, and down 44.6% on a YoY basis from $797.3 million in Q1 2025.

Progress Software (PRGS) Convertible Debt (2021 - 2026) Analysis & Trends

Progress Software's Convertible Debt history runs 6 years deep, the most recent figure standing at $441.7 million for Q1 2026.

  • In Q1 2026, Convertible Debt fell 44.6% year-over-year to $441.7 million; the TTM figure through Feb 2026 stood at $441.7 million (down 44.6% YoY), while the FY2025 annual figure was $441.2 million, down 44.59% from the prior year.
  • Convertible Debt was $441.7 million for Q1 2026 at Progress Software, roughly flat from $441.2 million in the prior quarter.
  • In the past five years, Convertible Debt ranged from a high of $797.3 million in Q1 2025 to a low of $351.0 million in Q1 2022.
  • Historically, Convertible Debt has averaged $478.0 million across 5 years, with a median of $355.3 million in 2024.
  • The sharpest annual moves came in 2024 and 2026: Convertible Debt soared 124.56% in 2024, then plunged 44.6% in 2026.
  • A 5-year view of Convertible Debt shows it stood at $352.6 million in 2022, then gained by 0.61% to $354.8 million in 2023, then jumped by 124.44% to $796.3 million in 2024, then sank by 44.59% to $441.2 million in 2025, then climbed by 0.11% to $441.7 million in 2026.
  • The last three Convertible Debt figures came in at $441.7 million (Q1 2026), $441.2 million (Q4 2025), and $440.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn
10 Progress Software 1.33 Bn 1.21 Bn 203.94 Mn

Historic Data

Download Data
DateValue
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
Aug 31, 2021 291.28 Mn
May 31, 2021 288.02 Mn