Progress Software (PRGS) Payables (2009 - 2026)
Progress Software (PRGS) posted Payables of $11.19 million for fiscal Q2 2026 (quarter ended May 31, 2026), up 23.7% from $9.04 million a year earlier but down 19.3% from the prior quarter.
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Analysis
Progress Software (PRGS) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Progress Software's Payables came in at $15.93 million, up 14.6% from FY2024.
- Annual Payables shows a five-year compound annual growth rate of -2.3% (FY2020 to FY2025).
- In prior fiscal years, Progress Software's Payables was $13.91 million in FY2024 (-33.0%), $20.75 million in FY2023 (+19.3%), $17.4 million in FY2022 (-1.2%) and $17.61 million in FY2021 (-1.5%).
- Quarterly Payables has run from a low of $9.04 million in fiscal Q2 2025 to a high of $20.75 million in fiscal Q4 2023 over five years.
- On a year-over-year basis, Payables increased in three of the last eight quarters, with an average decline of 10.9%.
- The strongest year-over-year quarter for Payables in the past five years was fiscal Q2 2026, with growth of 23.7%; the weakest was fiscal Q2 2025, with a decline of 46.6%.
- According to Business Quant data, Payables for the three prior fiscal quarters was $13.87 million (Q1 2026), $15.93 million (Q4 2025) and $12.85 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 290.00 Mn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 114.49 Mn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 282.50 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 185.25 Mn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 313.53 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 269.96 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 10.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | 47.97 Mn |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 12.65 Bn |
| 10 | Progress Software | 1.63 Bn | 1.22 Bn | 208.59 Mn | 11.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 11.19 Mn |
| Feb 28, 2026 | 13.87 Mn |
| Nov 30, 2025 | 15.93 Mn |
| Aug 31, 2025 | 12.85 Mn |
| May 31, 2025 | 9.04 Mn |
| Feb 28, 2025 | 14.77 Mn |
| Nov 30, 2024 | 13.91 Mn |
| Aug 31, 2024 | 19.20 Mn |
| May 31, 2024 | 16.93 Mn |
| Feb 29, 2024 | 18.36 Mn |
| Nov 30, 2023 | 20.75 Mn |
| Aug 31, 2023 | 17.08 Mn |
| May 31, 2023 | 15.35 Mn |
| Feb 28, 2023 | 18.61 Mn |
| Nov 30, 2022 | 17.40 Mn |
| Aug 31, 2022 | 15.82 Mn |
| May 31, 2022 | 18.01 Mn |
| Feb 28, 2022 | 16.10 Mn |
| Nov 30, 2021 | 17.61 Mn |
| Aug 31, 2021 | 14.66 Mn |
API Access
Progress Software Payables 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=payables&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();