Progress Software (PRGS) Debt to Equity (2009 - 2026)

Progress Software (PRGS) recorded quarterly Debt to Equity of $1.8 in Q1 2026, down 10.04% quarter-over-quarter from $2.01 in Q4 2025, and up 11.28% on a YoY basis from $1.62 in Q1 2025.

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

Progress Software's Debt to Equity history runs 16 years deep, the most recent figure standing at $1.8 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 11.28% year-over-year to $1.8; the TTM figure through Feb 2026 stood at $1.8 (up 11.28% YoY), while the FY2025 annual figure was $2.01, down 42.35% from the prior year.
  • Debt to Equity was $1.8 for Q1 2026 at Progress Software, down from $2.01 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $3.48 in Q4 2024 to a low of $0.67 in Q4 2022.
  • Historically, Debt to Equity has averaged $1.44 across 5 years, with a median of $1.11 in 2023.
  • The sharpest annual moves came in 2024 and 2025: Debt to Equity soared 333.09% in 2024, then tumbled 42.35% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.67 in 2022, then rose by 20.57% to $0.8 in 2023, then jumped by 333.09% to $3.48 in 2024, then tumbled by 42.35% to $2.01 in 2025, then slipped by 10.04% to $1.8 in 2026.
  • The last three Debt to Equity figures came in at $1.8 (Q1 2026), $2.01 (Q4 2025), and $2.05 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 0.10
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn -
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 3.24
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn -
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn -
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 0.17
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 0.50
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 0.33
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn 0.85
10 Progress Software 1.33 Bn 1.21 Bn 203.94 Mn 1.80

Historic Data

Download Data
DateValue
Feb 28, 2026 1.80
Nov 30, 2025 2.01
Aug 31, 2025 2.05
May 31, 2025 2.25
Feb 28, 2025 1.62
Nov 30, 2024 3.48
Feb 29, 2024 0.73
Nov 30, 2023 0.80
Aug 31, 2023 0.90
May 31, 2023 1.03
Feb 28, 2023 1.11
Nov 30, 2022 0.67
Aug 31, 2022 0.73
May 31, 2022 0.72
Feb 28, 2022 1.69
Nov 30, 2021 0.64
Aug 31, 2021 0.68
May 31, 2021 0.76
Feb 28, 2021 1.03
Nov 30, 2020 1.11