Progress Software PRGS
NASDAQ PRGS
$42.17 -1.88 (-4.26%)
As of: Sep 8, 2026 · 3:59 PM EDT

Progress Software (PRGS) Debt Ratio (2009 - 2026)

Progress Software (PRGS) posted Debt Ratio of 0.55 for Q2 2026, down 22.45% on a QoQ basis from 0.71 in Q1 2026, and down 26.8% year-over-year from 0.75 in Q2 2025.

Analysis

Progress Software (PRGS) Debt Ratio (2009 - 2026) Analysis & Trends

Progress Software has reported Debt Ratio for 16 years, with the latest figure at 0.55 in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 26.8% year-over-year to 0.55 in Q2 2026; TTM through May 2026 was 0.55, a 26.8% decrease from a year earlier, with the FY2025 full-year figure at 0.72, up 18.53% from the prior year.
  • Debt Ratio was 0.55 for Q2 2026 at Progress Software, down from 0.71 in the prior quarter.
  • The five-year high for Debt Ratio was 0.75 in Q2 2025, with the low at 0.19 in Q4 2022.
  • Average Debt Ratio over 5 years is 0.51, with a median of 0.49 recorded in 2023.
  • The sharpest annual moves came in 2024 and 2025: Debt Ratio slumped 56.07% in 2024, then jumped 182.52% in 2025.
  • Over 5 years, Debt Ratio stood at 0.19 in 2022, then grew by 22.49% to 0.23 in 2023, then jumped by 162.19% to 0.6 in 2024, then advanced by 18.53% to 0.72 in 2025, then slipped by 23.05% to 0.55 in 2026.
  • The last three Debt Ratio figures came in at 0.55 (Q2 2026), 0.71 (Q1 2026), and 0.72 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Unity Software 18.69 Bn 16.34 Bn 434.76 Mn 0.08
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 0.01
5 Progress Software 1.77 Bn 1.66 Bn 208.59 Mn 0.55
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 0.55
Feb 28, 2026 0.71
Nov 30, 2025 0.72
Aug 31, 2025 0.73
May 31, 2025 0.75
Feb 28, 2025 0.61
Nov 30, 2024 0.60
Feb 29, 2024 0.22
Nov 30, 2023 0.23
Aug 31, 2023 0.47
May 31, 2023 0.49
Feb 28, 2023 0.49
Nov 30, 2022 0.19
Aug 31, 2022 0.46
May 31, 2022 0.46
Feb 28, 2022 0.46
Nov 30, 2021 0.19
Aug 31, 2021 0.44
May 31, 2021 0.46
Feb 28, 2021 0.38