Progress Software (PRGS) Interest Expenses (2014 - 2026)

Progress Software (PRGS) recorded quarterly Interest Expenses of $15.2 million in Q1 2026, down 7.86% quarter-over-quarter from $16.5 million in Q4 2025, and down 17.27% on a YoY basis from $18.4 million in Q1 2025.

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

Progress Software's Interest Expenses history runs 13 years deep, the most recent figure standing at $15.2 million for Q1 2026.

  • In Q1 2026, Interest Expenses fell 17.27% year-over-year to $15.2 million; the TTM figure through Feb 2026 stood at $67.7 million (up 57.01% YoY), while the FY2025 annual figure was $70.8 million, up 121.32% from the prior year.
  • Interest Expenses was $15.2 million for Q1 2026 at Progress Software, down from $16.5 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $18.4 million in Q1 2025 to a low of $3.7 million in Q2 2022.
  • Historically, Interest Expenses has averaged $9.7 million across 5 years, with a median of $7.9 million in 2023.
  • The sharpest annual moves came in 2022 and 2025: Interest Expenses slumped 38.42% in 2022, then jumped 162.19% in 2025.
  • A 5-year view of Interest Expenses shows it stood at $4.4 million in 2022, then soared by 78.34% to $7.9 million in 2023, then surged by 38.17% to $10.9 million in 2024, then surged by 51.85% to $16.5 million in 2025, then declined by 7.86% to $15.2 million in 2026.
  • The last three Interest Expenses figures came in at $15.2 million (Q1 2026), $16.5 million (Q4 2025), and $17.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 778.00 Mn
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 1.18 Bn
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 7.55 Mn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 4.20 Mn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 162.72 Mn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn 2.56 Mn
10 Progress Software 1.33 Bn 1.21 Bn 203.94 Mn 15.25 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 15.25 Mn
Feb 28, 2026 15.25 Mn
Nov 30, 2025 16.55 Mn
Nov 30, 2025 16.55 Mn
Aug 31, 2025 17.74 Mn
Aug 31, 2025 17.74 Mn
May 31, 2025 18.14 Mn
May 31, 2025 18.14 Mn
Feb 28, 2025 18.43 Mn
Feb 28, 2025 18.43 Mn
Nov 30, 2024 10.90 Mn
Nov 30, 2024 10.90 Mn
Aug 31, 2024 6.77 Mn
Aug 31, 2024 6.77 Mn
May 31, 2024 7.01 Mn
May 31, 2024 7.01 Mn
Feb 29, 2024 7.34 Mn
Feb 29, 2024 7.34 Mn
Nov 30, 2023 7.89 Mn
Nov 30, 2023 7.89 Mn