Progress Software (PRGS) Convertible Debt (2021 - 2026)
Progress Software (PRGS) posted Convertible Debt of $442.1 million for Q2 2026, little changed on a QoQ basis from $441.7 million in Q1 2026, and little changed year-over-year from $440.2 million in Q2 2025.
Analysis
Progress Software (PRGS) Convertible Debt (2021 - 2026) Analysis & Trends
Progress Software has reported Convertible Debt for 6 years, with the latest figure at $442.1 million in Q2 2026.
- On a quarterly basis, Convertible Debt changed 0.43% year-over-year to $442.1 million in Q2 2026; TTM through May 2026 was $442.1 million, a 0.43% change from a year earlier, with the FY2025 full-year figure at $441.2 million, down 44.59% from the prior year.
- Convertible Debt was $442.1 million for Q2 2026 at Progress Software, roughly flat from $441.7 million in the prior quarter.
- The five-year high for Convertible Debt was $797.3 million in Q1 2025, with the low at $351.0 million in Q1 2022.
- Average Convertible Debt over 5 years is $476.0 million, with a median of $397.8 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2026: Convertible Debt jumped 124.56% in 2024, then tumbled 44.6% in 2026.
- Over 5 years, Convertible Debt stood at $352.6 million in 2022, then advanced by 0.61% to $354.8 million in 2023, then surged by 124.44% to $796.3 million in 2024, then plunged by 44.59% to $441.2 million in 2025, then increased by 0.22% to $442.1 million in 2026.
- The last three Convertible Debt figures came in at $442.1 million (Q2 2026), $441.7 million (Q1 2026), and $441.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unity Software | 18.69 Bn | 16.34 Bn | 434.76 Mn |
| 2 | JFrog | 10.57 Bn | 9.74 Bn | 127.62 Mn |
| 3 | Gitlab | 7.94 Bn | 6.68 Bn | 240.62 Mn |
| 4 | Aurora Mobile | 4.05 Bn | 4.02 Bn | 10.20 Mn |
| 5 | Progress Software | 1.77 Bn | 1.66 Bn | 208.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Aug 31, 2021 | 291.28 Mn |