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