Progress Software (PRGS) Invested Capital (2009 - 2026)
Progress Software's Invested Capital came in at $1.8 billion for fiscal Q2 2026 (quarter ended May 31, 2026), down 5.9% from $1.91 billion a year earlier and down 2.3% from the prior quarter.
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Analysis
Progress Software (PRGS) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Progress Software's Invested Capital was $1.88 billion, down 4.4% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of 20.9% (FY2020 to FY2025).
- Going back by fiscal year, Invested Capital was $1.97 billion in FY2024 (+137.1%), $828.94 million in FY2023 (+24.8%), $663.96 million in FY2022 (-2.1%) and $678.25 million in FY2021 (-6.9%).
- The fiscal Q2 2026 figure represents the lowest quarterly Invested Capital since fiscal Q1 2025.
- Year-over-year, Invested Capital increased in five of the last eight quarters, with growth averaging 111.0%.
- The fastest year-over-year change in Invested Capital over five years came in fiscal Q2 2025 (growth of 375.8%), and the weakest in fiscal Q2 2024 (a decline of 66.7%).
- Business Quant data shows PRGS's Invested Capital at $1.84 billion (Q1 2026), $1.88 billion (Q4 2025) and $1.9 billion (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 5.89 Bn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 2.05 Bn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | - |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | - |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 6.97 Bn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 5.41 Bn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 51.45 Bn |
| 10 | Progress Software | 1.64 Bn | 1.21 Bn | 203.54 Mn | 1.76 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 1.76 Bn |
| May 31, 2026 | 1.80 Bn |
| Feb 28, 2026 | 1.84 Bn |
| Nov 30, 2025 | 1.88 Bn |
| Aug 31, 2025 | 1.90 Bn |
| May 31, 2025 | 1.91 Bn |
| Feb 28, 2025 | 1.13 Bn |
| Nov 30, 2024 | 1.97 Bn |
| Aug 31, 2024 | 425.61 Mn |
| May 31, 2024 | 401.67 Mn |
| Feb 29, 2024 | 797.69 Mn |
| Nov 30, 2023 | 828.94 Mn |
| Aug 31, 2023 | 1.20 Bn |
| May 31, 2023 | 1.20 Bn |
| Feb 28, 2023 | 1.23 Bn |
| Nov 30, 2022 | 663.96 Mn |
| Aug 31, 2022 | 986.09 Mn |
| May 31, 2022 | 992.28 Mn |
| Feb 28, 2022 | 989.49 Mn |
| Nov 30, 2021 | 678.25 Mn |
API Access
Progress Software Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "PRGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();