Progress Software PRGS
NASDAQ PRGS
$43.22 +0.36 (+0.84%)
At close: Aug 18, 2026 · 4:00 PM UTC

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

Progress Software (PRGS) posted quarterly Interest Coverage Ratio of 0.62 for Q2 2026, up 60.38% year-over-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.

  • In Q2 2026, Interest Coverage Ratio rose 60.38% year-over-year to 0.62; the TTM figure through May 2026 stood at 2.4 (up 79.31% YoY), while the FY2025 annual figure was 1.52, up 63.4% from the prior year.
  • Interest Coverage Ratio for Q2 2026 stood at 0.62, down from 0.64 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 4.16 in Q4 2025, with the low at 0.33 in Q1 2025.
  • The 5-year median for Interest Coverage Ratio is 0.82 (2022), against an average of 1.28.
  • Peak annual rise in Interest Coverage Ratio reached 110.93% in 2025, while the deepest fall reached 69.11% in 2025.
  • Progress Software's Interest Coverage Ratio stood at 2.95 in 2022, then grew by 22.49% to 3.61 in 2023, then plunged by 45.39% to 1.97 in 2024, then soared by 110.93% to 4.16 in 2025, then plunged by 85.04% to 0.62 in 2026.
  • Business Quant data shows PRGS's Interest Coverage Ratio at 0.62 in Q2 2026, 0.64 in Q1 2026, and 4.16 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Microsoft 3,576.39 Bn 3,443.64 Bn 60.48 Bn 9.60
2 Palantir Technologies 412.58 Bn 403.17 Bn 1.64 Bn 0.06
3 Oracle 407.66 Bn 375.77 Bn - 4.26
4 Palo Alto Networks 299.27 Bn 296.16 Bn 2.03 Bn -0.21
5 Fortinet 115.83 Bn 111.76 Bn 1.64 Bn 9.17
6 Cloudflare 106.65 Bn 102.48 Bn 499.52 Mn -0.72
7 Synopsys 76.61 Bn 74.41 Bn 1.77 Bn 0.15
8 CoreWeave 51.53 Bn 45.99 Bn 1.70 Bn 0.00
9 Block 47.55 Bn 41.12 Bn 3.17 Bn 3.33
10 Progress Software 1.81 Bn 1.70 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 1.97
Aug 31, 2024 1.22
May 31, 2024 0.82
Feb 29, 2024 1.06
Nov 30, 2023 3.61
Aug 31, 2023 0.66
May 31, 2023 0.52
Feb 28, 2023 0.77
Nov 30, 2022 2.95
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