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

Progress Software (PRGS) has reported Interest Expenses for 13 consecutive years, with $15.2 million the latest figure, recorded in 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 came in at $15.2 million for Q1 2026 at Progress Software, down from $16.5 million in the prior quarter.
• The five-year high for Interest Expenses was $18.4 million in Q1 2025, with the low at $3.7 million in Q2 2022.
• Average Interest Expenses over 5 years is $9.7 million, with a median of $7.9 million recorded in 2023.
• Across the five-year window, Interest Expenses tumbled 38.42% in 2022 and jumped 162.19% in 2025, its largest moves.
• Year by year, Interest Expenses 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 decreased by 7.86% to $15.2 million in 2026.
• According to Business Quant data, Interest Expenses over the past three periods registered $15.2 million, $16.5 million, and $17.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.