Progress Software PRGS
NASDAQ PRGS
$42.17 -1.88 (-4.26%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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