Progress Software (PRGS) Market Capitalization (2009 - 2026)
Progress Software (PRGS) posted Market Capitalization of $1.36 billion for fiscal Q2 2026 (quarter ended May 31, 2026), down 48.9% from $2.65 billion a year earlier and down 23.0% from the prior quarter.
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Analysis
Progress Software (PRGS) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Progress Software's Market Capitalization came in at $1.75 billion, down 40.9% from FY2024.
- Annual Market Capitalization shows a five-year compound annual growth rate of -0.2% (FY2020 to FY2025).
- In prior fiscal years, Progress Software's Market Capitalization was $2.97 billion in FY2024 (+25.8%), $2.36 billion in FY2023 (+2.3%), $2.31 billion in FY2022 (+7.8%) and $2.14 billion in FY2021 (+20.6%).
- The fiscal Q2 2026 figure stands as the lowest quarterly Market Capitalization since fiscal Q2 2016.
- On a year-over-year basis, Market Capitalization has declined in each of the last four quarters, with an average decline of 11.6% over the last eight quarters.
- The strongest year-over-year quarter for Market Capitalization in the past five years was fiscal Q1 2023, with growth of 28.9%; the weakest was fiscal Q2 2026, with a decline of 48.9%.
- According to Business Quant data, Market Capitalization for the three prior fiscal quarters was $1.76 billion (Q1 2026), $1.75 billion (Q4 2025) and $1.99 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 316.55 Bn | 301.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 269.03 Bn | 249.47 Bn | 1.10 Bn |
| 3 | Fortinet | 129.08 Bn | 115.01 Bn | 1.64 Bn |
| 4 | Snowflake | 116.42 Bn | 103.73 Bn | 1.04 Bn |
| 5 | Datadog | 96.40 Bn | 78.04 Bn | 881.34 Mn |
| 6 | Okta | 34.24 Bn | 24.34 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 34.08 Bn | 28.61 Bn | 546.45 Mn |
| 8 | Zscaler | 32.34 Bn | 18.46 Bn | - |
| 9 | Baidu | 29.50 Bn | -44.13 Bn | 1.47 Mn |
| 10 | Progress Software | 1.63 Bn | 1.22 Bn | 208.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.36 Bn |
| Feb 28, 2026 | 1.76 Bn |
| Nov 30, 2025 | 1.75 Bn |
| Aug 31, 2025 | 1.99 Bn |
| May 31, 2025 | 2.65 Bn |
| Feb 28, 2025 | 2.35 Bn |
| Nov 30, 2024 | 2.97 Bn |
| Aug 31, 2024 | 2.49 Bn |
| May 31, 2024 | 2.18 Bn |
| Feb 29, 2024 | 2.33 Bn |
| Nov 30, 2023 | 2.36 Bn |
| Aug 31, 2023 | 2.65 Bn |
| May 31, 2023 | 2.60 Bn |
| Feb 28, 2023 | 2.49 Bn |
| Nov 30, 2022 | 2.31 Bn |
| Aug 31, 2022 | 2.07 Bn |
| May 31, 2022 | 2.10 Bn |
| Feb 28, 2022 | 1.93 Bn |
| Nov 30, 2021 | 2.14 Bn |
| Aug 31, 2021 | 2.04 Bn |
API Access
Progress Software Market Capitalization 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=market-capitalization&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();