Progress Software (PRGS) Non-Current Debt (2009 - 2026)
Progress Software's Non-Current Debt was $1.29 billion in fiscal Q2 2026 (quarter ended May 31, 2026), up 17.4% from $1.1 billion a year earlier and up 31.6% from the prior quarter.
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Analysis
Progress Software (PRGS) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Non-Current Debt at Progress Software came in at $1.04 billion, down 31.8% from FY2024.
- Non-Current Debt shows a five-year compound annual growth rate of 23.4% (FY2020 to FY2025).
- In earlier fiscal years, Non-Current Debt was $1.53 billion in FY2024 (+328.6%), $356.11 million in FY2023 (+37.4%), $259.22 million in FY2022 (+8.0%) and $239.99 million in FY2021 (-34.1%).
- The fiscal Q2 2026 figure marks the highest quarterly Non-Current Debt since fiscal Q4 2024.
- Compared with a year earlier, Non-Current Debt was higher in four of the last five quarters, with growth averaging 92.6%.
- The best year-over-year quarter for Non-Current Debt over five years was fiscal Q4 2024 (growth of 328.6%); the worst was fiscal Q1 2024 (a decline of 58.2%).
- Per Business Quant data, PRGS's Non-Current Debt in the three fiscal quarters before Q2 2026 was $981.66 million (Q1 2026), $1.04 billion (Q4 2025) and $1.06 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 746.22 Mn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 496.90 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | - |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | - |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 1.73 Bn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | - |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 3.06 Bn |
| 10 | Progress Software | 1.63 Bn | 1.22 Bn | 208.59 Mn | 1.29 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.29 Bn |
| Feb 28, 2026 | 981.66 Mn |
| Nov 30, 2025 | 1.04 Bn |
| Aug 31, 2025 | 1.06 Bn |
| May 31, 2025 | 1.10 Bn |
| Feb 28, 2025 | 700.00 Mn |
| Nov 30, 2024 | 1.53 Bn |
| Feb 29, 2024 | 335.94 Mn |
| Nov 30, 2023 | 356.11 Mn |
| Aug 31, 2023 | 743.63 Mn |
| May 31, 2023 | 776.36 Mn |
| Feb 28, 2023 | 804.10 Mn |
| Nov 30, 2022 | 259.22 Mn |
| Aug 31, 2022 | 612.89 Mn |
| May 31, 2022 | 613.90 Mn |
| Feb 28, 2022 | 614.93 Mn |
| Nov 30, 2021 | 239.99 Mn |
| Aug 31, 2021 | 538.66 Mn |
| May 31, 2021 | 542.78 Mn |
| Feb 28, 2021 | 343.76 Mn |
API Access
Progress Software Non-Current Debt 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=non-current-debt&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();