Progress Software (PRGS) Interest Coverage Ratio (2014 - 2026)
Progress Software (PRGS) posted Interest Coverage Ratio of 2.84 for Q2 2026, down 6.78% on a QoQ basis from 3.05 in Q1 2026, and up 33.44% year-over-year from 2.13 in Q2 2025.
Analysis
Progress Software (PRGS) Interest Coverage Ratio (2014 - 2026) Analysis & Trends
Progress Software has reported Interest Coverage Ratio for 13 years, with the latest figure at 2.84 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 33.44% year-over-year to 2.84 in Q2 2026; TTM through May 2026 was 2.66, a 8.45% increase from a year earlier, with the FY2025 full-year figure at 2.16, down 44.15% from the prior year.
- Interest Coverage Ratio was 2.84 for Q2 2026 at Progress Software, down from 3.05 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 11.01 in Q2 2022, with the low at 1.76 in Q1 2025.
- Average Interest Coverage Ratio over 5 years is 4.45, with a median of 3.25 recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio surged 127.25% in 2022, then tumbled 75.42% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 6.88 in 2022, then slumped by 58.49% to 2.86 in 2023, then tumbled by 30.96% to 1.97 in 2024, then climbed by 17.54% to 2.32 in 2025, then rose by 22.49% to 2.84 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.84 (Q2 2026), 3.05 (Q1 2026), and 2.32 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Unity Software | 18.69 Bn | 16.34 Bn | 434.76 Mn | -5.34 |
| 2 | JFrog | 10.57 Bn | 9.74 Bn | 127.62 Mn | - |
| 3 | Gitlab | 7.94 Bn | 6.68 Bn | 240.62 Mn | - |
| 4 | Aurora Mobile | 4.05 Bn | 4.02 Bn | 10.20 Mn | 115.57 |
| 5 | Progress Software | 1.77 Bn | 1.66 Bn | 208.59 Mn | 2.84 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 2.84 |
| Feb 28, 2026 | 3.05 |
| Nov 30, 2025 | 2.32 |
| Aug 31, 2025 | 2.47 |
| May 31, 2025 | 2.13 |
| Feb 28, 2025 | 1.76 |
| Nov 30, 2024 | 1.97 |
| Aug 31, 2024 | 5.96 |
| May 31, 2024 | 3.87 |
| Feb 29, 2024 | 4.77 |
| Nov 30, 2023 | 2.86 |
| Aug 31, 2023 | 3.44 |
| May 31, 2023 | 2.70 |
| Feb 28, 2023 | 6.09 |
| Nov 30, 2022 | 6.88 |
| Aug 31, 2022 | 7.99 |
| May 31, 2022 | 11.01 |
| Feb 28, 2022 | 7.95 |
| Nov 30, 2021 | 3.17 |
| Aug 31, 2021 | 7.07 |