Progress Software (PRGS) Interest Expenses (2010 - 2026)
Progress Software (PRGS) posted quarterly Interest Expenses of $72.6 million for Q2 2026, down 27.01% year-over-year from $99.4 million in Q2 2025, and little changed quarter-over-quarter from $72.6 million in Q1 2026.
Progress Software (PRGS) Interest Expenses (2010 - 2026) Analysis & Trends
Progress Software's Interest Expenses history runs 17 years deep, the most recent figure standing at $72.6 million for Q2 2026.
- In Q2 2026, Interest Expenses fell 27.01% year-over-year to $72.6 million; the TTM figure through May 2026 stood at $72.6 million (down 27.01% YoY), while the FY2025 annual figure was $100.6 million, down 24.35% from the prior year.
- Interest Expenses for Q2 2026 stood at $72.6 million, roughly flat from $72.6 million in the prior quarter.
- The five-year high for Interest Expenses was $100.6 million in Q3 2025, with the low at $6.2 million in Q4 2023.
- The 5-year median for Interest Expenses is $35.9 million (2022), against an average of $45.8 million.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses tumbled 39.56% in 2023, then jumped 203.29% in 2025.
- Progress Software's Interest Expenses stood at $10.3 million in 2022, then sank by 39.56% to $6.2 million in 2023, then soared by 74.7% to $10.9 million in 2024, then fell by 15.38% to $9.2 million in 2025, then jumped by 687.2% to $72.6 million in 2026.
- Business Quant data shows PRGS's Interest Expenses at $72.6 million in Q2 2026, $72.6 million in Q1 2026, and $9.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 4.23 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 15.96 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 1.44 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 889.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 75.20 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 287.36 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.38 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 29.14 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 134.29 Mn |
| 10 | Progress Software | 1.81 Bn | 1.70 Bn | 208.59 Mn | 72.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 72.58 Mn |
| May 31, 2026 | 72.58 Mn |
| Feb 28, 2026 | 72.58 Mn |
| Feb 28, 2026 | 72.58 Mn |
| Nov 30, 2025 | 9.22 Mn |
| Nov 30, 2025 | 9.22 Mn |
| Aug 31, 2025 | 100.56 Mn |
| Aug 31, 2025 | 100.56 Mn |
| May 31, 2025 | 99.44 Mn |
| May 31, 2025 | 99.44 Mn |
| Feb 28, 2025 | 99.44 Mn |
| Feb 28, 2025 | 99.44 Mn |
| Nov 30, 2024 | 10.90 Mn |
| Nov 30, 2024 | 10.90 Mn |
| Aug 31, 2024 | 33.16 Mn |
| Aug 31, 2024 | 33.16 Mn |
| May 31, 2024 | 33.16 Mn |
| May 31, 2024 | 33.16 Mn |
| Feb 29, 2024 | 33.16 Mn |
| Feb 29, 2024 | 33.16 Mn |