Progress Software (PRGS) Interest Coverage Ratio (2014 - 2026)

Progress Software (PRGS) recorded quarterly Interest Coverage Ratio of 3.05 in Q1 2026, up 31.41% quarter-over-quarter from 2.32 in Q4 2025, and up 73.21% on a YoY basis from 1.76 in Q1 2025.

Progress Software (PRGS) Interest Coverage Ratio (2014 - 2026) Analysis & Trends

Progress Software's Interest Coverage Ratio history runs 13 years deep, the most recent figure standing at 3.05 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio rose 73.21% year-over-year to 3.05; the TTM figure through Feb 2026 stood at 2.47 (down 12.23% YoY), while the FY2025 annual figure was 2.16, down 44.15% from the prior year.
  • Interest Coverage Ratio was 3.05 for Q1 2026 at Progress Software, up from 2.32 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 11.01 in Q2 2022 to a low of 1.76 in Q1 2025.
  • Historically, Interest Coverage Ratio has averaged 4.54 across 5 years, with a median of 3.44 in 2023.
  • The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio jumped 127.25% in 2022, then plunged 75.42% in 2023.
  • A 5-year view of Interest Coverage Ratio shows it stood at 6.88 in 2022, then tumbled by 58.49% to 2.86 in 2023, then plunged by 30.96% to 1.97 in 2024, then advanced by 17.54% to 2.32 in 2025, then jumped by 31.41% to 3.05 in 2026.
  • The last three Interest Coverage Ratio figures came in at 3.05 (Q1 2026), 2.32 (Q4 2025), and 2.47 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 49.35
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn -
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 4.63
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn -
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn -
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 1.83
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 138.10
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 1.25
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn -24.19
10 Progress Software 1.33 Bn 1.21 Bn 203.94 Mn 3.05

Historic Data

Download Data
DateValue
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
May 31, 2021 4.84