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
DateValue
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