Progress Software (PRGS) Receivables (2009 - 2026)
Progress Software (PRGS) reported Receivables of $176.51 million for fiscal Q2 2026 (quarter ended May 31, 2026), up 1.3% from $174.26 million a year earlier but down 6.3% from the prior quarter.
Progress Software (PRGS) Receivables (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Progress Software posted Receivables of $242.38 million, up 22.3% from FY2024.
- Receivables has increased for seven consecutive fiscal years, with a five-year compound annual growth rate of 17.3% (FY2020 to FY2025).
- By fiscal year, Receivables came in at $198.25 million in FY2024 (+27.3%), $155.79 million in FY2023 (+22.7%), $126.99 million in FY2022 (+1.1%) and $125.63 million in FY2021 (+15.3%).
- Five-year quarterly Receivables spans a low of $97.47 million in fiscal Q2 2022 and a high of $242.38 million in fiscal Q4 2025.
- Year over year, Receivables has now increased in each of the last seven quarters, with growth averaging 25.2% over the last eight quarters.
- The high point for year-over-year Receivables in five years was fiscal Q3 2025 (growth of 52.5%); the low point was fiscal Q1 2024 (a decline of 7.1%).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at $188.37 million (Q1 2026), $242.38 million (Q4 2025) and $187.36 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 3.63 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 1.04 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 1.46 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 718.46 Mn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 975.55 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 1.52 Bn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 469.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | 1.15 Bn |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 2.09 Bn |
| 10 | Progress Software | 1.63 Bn | 1.22 Bn | 208.59 Mn | 176.51 Mn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 176.51 Mn |
| Feb 28, 2026 | 188.37 Mn |
| Nov 30, 2025 | 242.38 Mn |
| Aug 31, 2025 | 187.36 Mn |
| May 31, 2025 | 174.26 Mn |
| Feb 28, 2025 | 161.82 Mn |
| Nov 30, 2024 | 198.25 Mn |
| Aug 31, 2024 | 122.84 Mn |
| May 31, 2024 | 115.51 Mn |
| Feb 29, 2024 | 117.99 Mn |
| Nov 30, 2023 | 155.79 Mn |
| Aug 31, 2023 | 131.39 Mn |
| May 31, 2023 | 120.14 Mn |
| Feb 28, 2023 | 126.94 Mn |
| Nov 30, 2022 | 126.99 Mn |
| Aug 31, 2022 | 110.11 Mn |
| May 31, 2022 | 97.47 Mn |
| Feb 28, 2022 | 113.64 Mn |
| Nov 30, 2021 | 125.63 Mn |
| Aug 31, 2021 | 105.51 Mn |
Progress Software Receivables 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=receivables&ticker=PRGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();