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| Date | Value |
|---|---|
| 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 |