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| Date | Value |
|---|---|
| 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 |