Progress Software (PRGS) EV to FCF (2009 - 2026)
Progress Software (PRGS) posted EV to FCF of 16.28 for Q2 2026, down 5.28% on a QoQ basis from 17.19 in Q1 2026, and down 81.17% year-over-year from 86.48 in Q2 2025.
Analysis
Progress Software (PRGS) EV to FCF (2009 - 2026) Analysis & Trends
Progress Software has reported EV to FCF for 18 years, with the latest figure at 16.28 in Q2 2026.
- On a quarterly basis, EV to FCF fell 81.17% year-over-year to 16.28 in Q2 2026; TTM through May 2026 was 4.11, a 72.55% decrease from a year earlier, with the FY2025 full-year figure at 7.23, down 47.66% from the prior year.
- EV to FCF was 16.28 for Q2 2026 at Progress Software, down from 17.19 in the prior quarter.
- The five-year high for EV to FCF was 169.81 in Q4 2024, with the low at 16.28 in Q2 2026.
- Average EV to FCF over 5 years is 49.09, with a median of 40.26 recorded in 2024.
- The largest YoY upside for EV to FCF was 172.5% in 2025 against a maximum downside of 83.71% in 2025.
- Over 5 years, EV to FCF stood at 55.21 in 2022, then surged by 31.37% to 72.53 in 2023, then jumped by 134.12% to 169.81 in 2024, then sank by 83.71% to 27.67 in 2025, then sank by 41.15% to 16.28 in 2026.
- The last three EV to FCF figures came in at 16.28 (Q2 2026), 17.19 (Q1 2026), and 27.67 (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 | 16.28 |
| Feb 28, 2026 | 17.19 |
| Nov 30, 2025 | 27.67 |
| Aug 31, 2025 | 26.07 |
| May 31, 2025 | 86.48 |
| Feb 28, 2025 | 32.91 |
| Nov 30, 2024 | 169.81 |
| Aug 31, 2024 | 39.97 |
| May 31, 2024 | 31.74 |
| Feb 29, 2024 | 31.31 |
| Nov 30, 2023 | 72.53 |
| Aug 31, 2023 | 56.05 |
| May 31, 2023 | 53.40 |
| Feb 28, 2023 | 50.66 |
| Nov 30, 2022 | 55.21 |
| Aug 31, 2022 | 47.82 |
| May 31, 2022 | 27.90 |
| Feb 28, 2022 | 40.55 |
| Nov 30, 2021 | 47.12 |
| Aug 31, 2021 | 47.80 |