Progress Software (PRGS) Enterprise Value (2009 - 2026)
Progress Software's Enterprise Value came in at $1.25 billion for fiscal Q2 2026 (quarter ended May 31, 2026), down 50.9% from $2.55 billion a year earlier and down 24.0% from the prior quarter.
Progress Software (PRGS) Enterprise Value (2009 - 2026) Analysis & Trends
Over the trailing twelve months to May 31, 2026, Progress Software reported Enterprise Value of $946.3 million, down 54.4% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $1.66 billion, down 41.8% from FY2024.
- Enterprise Value carries a five-year compound annual growth rate of -0.1% (FY2020 to FY2025).
- Going back by fiscal year, Enterprise Value was $2.85 billion in FY2024 (+27.6%), $2.23 billion in FY2023 (+8.9%), $2.05 billion in FY2022 (+3.5%) and $1.98 billion in FY2021 (+18.8%).
- The fiscal Q2 2026 figure represents the lowest quarterly Enterprise Value since fiscal Q2 2017.
- Year-over-year, Enterprise Value has declined for four consecutive quarters, with an average decline of 11.0% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in fiscal Q3 2023 (growth of 36.2%), and the weakest in fiscal Q2 2026 (a decline of 50.9%).
- Business Quant data shows PRGS's Enterprise Value at $1.65 billion (Q1 2026), $1.66 billion (Q4 2025) and $1.89 billion (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn |
| 10 | Progress Software | 1.63 Bn | 1.22 Bn | 208.59 Mn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.25 Bn |
| Feb 28, 2026 | 1.65 Bn |
| Nov 30, 2025 | 1.66 Bn |
| Aug 31, 2025 | 1.89 Bn |
| May 31, 2025 | 2.55 Bn |
| Feb 28, 2025 | 2.23 Bn |
| Nov 30, 2024 | 2.85 Bn |
| Aug 31, 2024 | 2.26 Bn |
| May 31, 2024 | 1.99 Bn |
| Feb 29, 2024 | 2.20 Bn |
| Nov 30, 2023 | 2.23 Bn |
| Aug 31, 2023 | 2.51 Bn |
| May 31, 2023 | 2.48 Bn |
| Feb 28, 2023 | 2.36 Bn |
| Nov 30, 2022 | 2.05 Bn |
| Aug 31, 2022 | 1.84 Bn |
| May 31, 2022 | 1.87 Bn |
| Feb 28, 2022 | 1.76 Bn |
| Nov 30, 2021 | 1.98 Bn |
| Aug 31, 2021 | 1.66 Bn |
Progress Software Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "PRGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();