Progress Software (PRGS) Interest Coverage Ratio (2010 - 2026)

Progress Software's (PRGS) quarterly Interest Coverage Ratio came in at 0.62 in Q2 2026, up 60.38% year-on-year from 0.39 in Q2 2025, and down 2.72% quarter-over-quarter from 0.64 in Q1 2026.

Progress Software (PRGS) Interest Coverage Ratio (2010 - 2026) Analysis & Trends

Progress Software's Interest Coverage Ratio history runs 17 years deep, the most recent figure standing at 0.62 for Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 60.38% year-over-year to 0.62 in Q2 2026; TTM through May 2026 was 2.4, a 79.31% increase from a year earlier, with the FY2025 full-year figure at 1.52, up 63.4% from the prior year.
  • Interest Coverage Ratio eased to 0.62 in Q2 2026 per PRGS's latest filing, from 0.64 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 32.82 in Q4 2024 and bottomed at 1.81 in Q4 2023.
  • The 5-year median for Interest Coverage Ratio is 0.71 (2023), against an average of 2.43.
  • Across the five-year window, Interest Coverage Ratio plunged 218.79% in 2022 and surged 1909.22% in 2024, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 1.79 in 2022, then declined by 1.13% to 1.81 in 2023, then jumped by 1909.22% to 32.82 in 2024, then slumped by 87.32% to 4.16 in 2025, then tumbled by 85.04% to 0.62 in 2026.
  • Per Business Quant, the three latest PRGS Interest Coverage Ratio figures stand at 0.62 (Q2 2026), 0.64 (Q1 2026), and 4.16 (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 0.45
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -2.84
3 Oracle 344.13 Bn 312.24 Bn - 2.15
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 0.04
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 2.54
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 1.38
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 138.10
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -1.74
10 Progress Software 1.68 Bn 1.58 Bn 208.59 Mn 0.62

Historic Data

Download Data
DateValue
May 31, 2026 0.62
Feb 28, 2026 0.64
Nov 30, 2025 4.16
Aug 31, 2025 0.44
May 31, 2025 0.39
Feb 28, 2025 0.33
Nov 30, 2024 32.82
Aug 31, 2024 1.22
May 31, 2024 0.82
Feb 29, 2024 1.06
Nov 30, 2023 -1.81
Aug 31, 2023 0.66
May 31, 2023 0.52
Feb 28, 2023 0.77
Nov 30, 2022 -1.79
Aug 31, 2022 0.89
May 31, 2022 1.12
Feb 28, 2022 0.82
Nov 30, 2021 1.51
Aug 31, 2021 2.17