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