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

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

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

Progress Software (PRGS) has reported Debt to Equity for 16 consecutive years, with $1.8 the latest figure, recorded in 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 came in at $1.8 for Q1 2026 at Progress Software, down from $2.01 in the prior quarter.
  • The five-year high for Debt to Equity was $3.48 in Q4 2024, with the low at $0.67 in Q4 2022.
  • Average Debt to Equity over 5 years is $1.44, with a median of $1.11 recorded in 2023.
  • Across the five-year window, Debt to Equity soared 333.09% in 2024 and plunged 42.35% in 2025, its largest moves.
  • Year by year, Debt to Equity stood at $0.67 in 2022, then climbed by 20.57% to $0.8 in 2023, then jumped by 333.09% to $3.48 in 2024, then plunged by 42.35% to $2.01 in 2025, then fell by 10.04% to $1.8 in 2026.
  • According to Business Quant data, Debt to Equity over the past three periods registered $1.8, $2.01, and $2.05 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 0.10
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.84
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 0.17
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 0.50
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 0.85
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 0.33
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 0.08
10 Progress Software 1.65 Bn 1.54 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