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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |