Progress Software (PRGS) Convertible Debt (2021 - 2026)
Progress Software (PRGS) posted quarterly Convertible Debt of $442.1 million for Q2 2026, little changed year-over-year from $440.2 million in Q2 2025, and little changed quarter-over-quarter from $441.7 million in Q1 2026.
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 $442.1 million for Q2 2026.
- In Q2 2026, Convertible Debt changed 0.43% year-over-year to $442.1 million; the TTM figure through May 2026 stood at $442.1 million (changed 0.43% YoY), while the FY2025 annual figure was $441.2 million, down 44.59% from the prior year.
- Convertible Debt for Q2 2026 stood at $442.1 million, 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.
- The 5-year median for Convertible Debt is $397.8 million (2024), against an average of $476.0 million.
- The sharpest annual moves came in 2024 and 2026: Convertible Debt surged 124.56% in 2024, then tumbled 44.6% in 2026.
- Progress Software's Convertible Debt stood at $352.6 million in 2022, then rose by 0.61% to $354.8 million in 2023, then soared by 124.44% to $796.3 million in 2024, then plunged by 44.59% to $441.2 million in 2025, then climbed by 0.22% to $442.1 million in 2026.
- Business Quant data shows PRGS's Convertible Debt at $442.1 million in Q2 2026, $441.7 million in Q1 2026, and $441.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Progress Software | 1.81 Bn | 1.70 Bn | 208.59 Mn |
Historic Data
Download 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 |