Progress Software (PRGS) Debt Ratio (2009 - 2026)
Progress Software's (PRGS) quarterly Debt Ratio came in at 0.36 in Q2 2026, down 14.09% year-on-year from 0.42 in Q2 2025, and down 3.55% quarter-over-quarter from 0.38 in Q1 2026.
Progress Software (PRGS) Debt Ratio (2009 - 2026) Analysis & Trends
Progress Software's Debt Ratio history runs 16 years deep, the most recent figure standing at 0.36 for Q2 2026.
- On a quarterly basis, Debt Ratio fell 14.09% year-over-year to 0.36 in Q2 2026; TTM through May 2026 was 0.36, a 14.09% decrease from a year earlier, with the FY2025 full-year figure at 0.39, down 35.38% from the prior year.
- Debt Ratio fell to 0.36 in Q2 2026 per PRGS's latest filing, from 0.38 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.6 in Q4 2024 and bottomed at 0.19 in Q4 2022.
- The 5-year median for Debt Ratio is 0.28 (2025), against an average of 0.33.
- Biggest YoY gain for Debt Ratio was 162.19% in 2024; the steepest drop was 56.07% in 2024.
- Year by year, Debt Ratio stood at 0.19 in 2022, then climbed by 22.49% to 0.23 in 2023, then soared by 162.19% to 0.6 in 2024, then plunged by 35.38% to 0.39 in 2025, then fell by 7.15% to 0.36 in 2026.
- Per Business Quant, the three latest PRGS Debt Ratio figures stand at 0.36 (Q2 2026), 0.38 (Q1 2026), and 0.39 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 0.06 |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | - |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 0.47 |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | 0.36 |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | - |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | - |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 0.07 |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 0.05 |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 0.21 |
| 10 | Progress Software | 1.68 Bn | 1.58 Bn | 208.59 Mn | 0.36 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 0.36 |
| Feb 28, 2026 | 0.38 |
| Nov 30, 2025 | 0.39 |
| Aug 31, 2025 | 0.59 |
| May 31, 2025 | 0.42 |
| Feb 28, 2025 | 0.28 |
| Nov 30, 2024 | 0.60 |
| Feb 29, 2024 | 0.22 |
| Nov 30, 2023 | 0.23 |
| Aug 31, 2023 | 0.25 |
| May 31, 2023 | 0.27 |
| Feb 28, 2023 | 0.49 |
| Nov 30, 2022 | 0.19 |
| Aug 31, 2022 | 0.20 |
| May 31, 2022 | 0.20 |
| Feb 28, 2022 | 0.20 |
| Nov 30, 2021 | 0.19 |
| Aug 31, 2021 | 0.21 |
| May 31, 2021 | 0.22 |
| Feb 28, 2021 | 0.38 |