Progress Software (PRGS) Intangibles (2009 - 2026)
Progress Software's Intangibles was $514.58 million in fiscal Q2 2026 (quarter ended May 31, 2026), down 20.9% from $650.56 million a year earlier and down 6.4% from the prior quarter.
Progress Software (PRGS) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Intangibles at Progress Software came in at $584.03 million, down 19.3% from FY2024.
- Intangibles shows a five-year compound annual growth rate of 22.4% (FY2020 to FY2025).
- In earlier fiscal years, Intangibles was $723.57 million in FY2024 (+104.2%), $354.28 million in FY2023 (+63.0%), $217.36 million in FY2022 (-24.3%) and $287.19 million in FY2021 (+35.0%).
- The fiscal Q2 2026 figure marks the lowest quarterly Intangibles since fiscal Q3 2024.
- Compared with a year earlier, Intangibles has declined for three straight quarters, with growth averaging 45.0% over the last eight quarters.
- The best year-over-year quarter for Intangibles over five years was fiscal Q3 2021 (growth of 118.7%); the worst was fiscal Q1 2024 (a decline of 25.6%).
- Per Business Quant data, PRGS's Intangibles in the three fiscal quarters before Q2 2026 was $549.76 million (Q1 2026), $584.03 million (Q4 2025) and $619.36 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | 7.02 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 273.24 Mn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 77.10 Mn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | 426.53 Mn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 23.16 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 80.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 281.58 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | 214.36 Mn |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 736.00 Mn |
| 10 | Progress Software | 1.64 Bn | 1.21 Bn | 203.54 Mn | 479.47 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 479.47 Mn |
| May 31, 2026 | 514.58 Mn |
| Feb 28, 2026 | 549.76 Mn |
| Nov 30, 2025 | 584.03 Mn |
| Aug 31, 2025 | 619.36 Mn |
| May 31, 2025 | 650.56 Mn |
| Feb 28, 2025 | 686.36 Mn |
| Nov 30, 2024 | 723.57 Mn |
| Aug 31, 2024 | 284.71 Mn |
| May 31, 2024 | 304.64 Mn |
| Feb 29, 2024 | 328.01 Mn |
| Nov 30, 2023 | 354.28 Mn |
| Aug 31, 2023 | 378.82 Mn |
| May 31, 2023 | 404.52 Mn |
| Feb 28, 2023 | 440.94 Mn |
| Nov 30, 2022 | 217.36 Mn |
| Aug 31, 2022 | 233.44 Mn |
| May 31, 2022 | 252.36 Mn |
| Feb 28, 2022 | 271.29 Mn |
| Nov 30, 2021 | 287.19 Mn |
Progress Software Intangibles 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=intangibles&ticker=PRGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();