Progress Software (PRGS) Goodwill (2009 - 2026)
Progress Software (PRGS) reported Goodwill of $1.31 billion for fiscal Q2 2026 (quarter ended May 31, 2026), up 1.2% from $1.29 billion a year earlier and up 0.1% from the prior quarter.
Progress Software (PRGS) Goodwill (2009 - 2026) Analysis & Trends
Dating back to fiscal Q4 2009, Progress Software's Goodwill record includes 65 quarters.
- Goodwill has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 21.6% (FY2020 to FY2025).
- By fiscal year, Goodwill came in at $1.29 billion in FY2024 (+55.3%), $832.1 million in FY2023 (+24.0%), $671.04 million in FY2022 (unchanged) and $671.15 million in FY2021 (+36.5%).
- The fiscal Q2 2026 figure ranks as the highest quarterly Goodwill in data going back to fiscal Q4 2009.
- Year over year, Goodwill has now increased in each of the last 14 quarters, with growth averaging 28.5% over the last eight quarters.
- Across the past five years, year-over-year growth in Goodwill ran from 0.0% in fiscal Q4 2022 to 57.2% in fiscal Q3 2025.
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at $1.31 billion (Q1 2026), $1.31 billion (Q4 2025) and $1.31 billion (Q3 2025).
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 | 1.31 Bn |
| Feb 28, 2026 | 1.31 Bn |
| Nov 30, 2025 | 1.31 Bn |
| Aug 31, 2025 | 1.31 Bn |
| May 31, 2025 | 1.29 Bn |
| Feb 28, 2025 | 1.29 Bn |
| Nov 30, 2024 | 1.29 Bn |
| Aug 31, 2024 | 832.75 Mn |
| May 31, 2024 | 832.78 Mn |
| Feb 29, 2024 | 832.81 Mn |
| Nov 30, 2023 | 832.10 Mn |
| Aug 31, 2023 | 826.05 Mn |
| May 31, 2023 | 825.94 Mn |
| Feb 28, 2023 | 811.86 Mn |
| Nov 30, 2022 | 671.04 Mn |
| Aug 31, 2022 | 672.90 Mn |
| May 31, 2022 | 673.07 Mn |
| Feb 28, 2022 | 673.04 Mn |
| Nov 30, 2021 | 671.15 Mn |
| Aug 31, 2021 | 491.41 Mn |
Progress Software Goodwill 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=goodwill&ticker=PRGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();