Progress Software (PRGS) Debt Ratio (2009 - 2026)
Progress Software (PRGS) posted quarterly Debt Ratio of 0.36 for Q2 2026, down 14.09% year-over-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.
- In Q2 2026, Debt Ratio fell 14.09% year-over-year to 0.36; the TTM figure through May 2026 stood at 0.36 (down 14.09% YoY), while the FY2025 annual figure was 0.39, down 35.38% from the prior year.
- Debt Ratio for Q2 2026 stood at 0.36, down from 0.38 in the prior quarter.
- The five-year high for Debt Ratio was 0.6 in Q4 2024, with the low at 0.19 in Q4 2022.
- The 5-year median for Debt Ratio is 0.28 (2025), against an average of 0.33.
- Peak annual rise in Debt Ratio reached 162.19% in 2024, while the deepest fall reached 56.07% in 2024.
- Progress Software's Debt Ratio stood at 0.19 in 2022, then advanced by 22.49% to 0.23 in 2023, then surged by 162.19% to 0.6 in 2024, then sank by 35.38% to 0.39 in 2025, then declined by 7.15% to 0.36 in 2026.
- Business Quant data shows PRGS's Debt Ratio at 0.36 in Q2 2026, 0.38 in Q1 2026, and 0.39 in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 0.05 |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 0.47 |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 0.00 |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 0.05 |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 0.20 |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 0.21 |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 0.05 |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 0.16 |
| 10 | Progress Software | 1.81 Bn | 1.70 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 |