Progress Software (PRGS) EV to EBITDA (2009 - 2026)
Progress Software (PRGS) posted EV to EBITDA of 27.73 for Q2 2026, down 21.87% on a QoQ basis from 35.49 in Q1 2026, and down 58.03% year-over-year from 66.07 in Q2 2025.
Analysis
Progress Software (PRGS) EV to EBITDA (2009 - 2026) Analysis & Trends
Progress Software has reported EV to EBITDA for 18 years, with the latest figure at 27.73 in Q2 2026.
- On a quarterly basis, EV to EBITDA fell 58.03% year-over-year to 27.73 in Q2 2026; TTM through May 2026 was 7.21, a 62.46% decrease from a year earlier, with the FY2025 full-year figure at 10.82, down 52.9% from the prior year.
- EV to EBITDA was 27.73 for Q2 2026 at Progress Software, down from 35.49 in the prior quarter.
- The five-year high for EV to EBITDA was 132.48 in Q4 2024, with the low at 27.73 in Q2 2026.
- Average EV to EBITDA over 5 years is 66.56, with a median of 64.41 recorded in 2024.
- The sharpest annual moves came in 2023 and 2025: EV to EBITDA soared 131.06% in 2023, then slumped 67.38% in 2025.
- Over 5 years, EV to EBITDA stood at 67.35 in 2022, then jumped by 47.05% to 99.03 in 2023, then soared by 33.77% to 132.48 in 2024, then plunged by 67.38% to 43.21 in 2025, then slumped by 35.84% to 27.73 in 2026.
- The last three EV to EBITDA figures came in at 27.73 (Q2 2026), 35.49 (Q1 2026), and 43.21 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unity Software | 18.33 Bn | 16.24 Bn | 434.76 Mn |
| 2 | JFrog | 10.78 Bn | 9.95 Bn | 127.62 Mn |
| 3 | Gitlab | 8.28 Bn | 7.07 Bn | 240.62 Mn |
| 4 | Aurora Mobile | 4.87 Bn | 4.85 Bn | 10.20 Mn |
| 5 | Progress Software | 1.82 Bn | 1.72 Bn | 208.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 27.73 |
| Feb 28, 2026 | 35.49 |
| Nov 30, 2025 | 43.21 |
| Aug 31, 2025 | 43.01 |
| May 31, 2025 | 66.07 |
| Feb 28, 2025 | 68.67 |
| Nov 30, 2024 | 132.48 |
| Aug 31, 2024 | 56.06 |
| May 31, 2024 | 73.33 |
| Feb 29, 2024 | 62.79 |
| Nov 30, 2023 | 99.03 |
| Aug 31, 2023 | 85.54 |
| May 31, 2023 | 107.52 |
| Feb 28, 2023 | 66.02 |
| Nov 30, 2022 | 67.35 |
| Aug 31, 2022 | 57.58 |
| May 31, 2022 | 46.53 |
| Feb 28, 2022 | 59.60 |
| Nov 30, 2021 | 97.24 |
| Aug 31, 2021 | 35.92 |