Progress Software (PRGS) Receivables - Net (2009 - 2026)
Progress Software (PRGS) reported Receivables - Net of $125.21 million for fiscal Q2 2026 (quarter ended May 31, 2026), down 10.6% from $140.12 million a year earlier and down 15.2% from the prior quarter.
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Analysis
Progress Software (PRGS) Receivables - Net (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Progress Software posted Receivables - Net of $195.78 million, up 19.7% from FY2024.
- Receivables - Net has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 18.4% (FY2020 to FY2025).
- By fiscal year, Receivables - Net came in at $163.58 million in FY2024 (+30.0%), $125.83 million in FY2023 (+28.6%), $97.83 million in FY2022 (-2.0%) and $99.82 million in FY2021 (+18.8%).
- The fiscal Q2 2026 figure ranks as the lowest quarterly Receivables - Net since fiscal Q3 2024.
- Year over year, Receivables - Net gained in six of the last eight quarters, with growth averaging 28.6%.
- The high point for year-over-year Receivables - Net in five years was fiscal Q3 2025 (growth of 72.7%); the low point was fiscal Q3 2024 (a decline of 12.1%).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at $147.61 million (Q1 2026), $195.78 million (Q4 2025) and $151.43 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 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 |
| 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 |
| 10 | Progress Software | 1.63 Bn | 1.22 Bn | 208.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 125.21 Mn |
| Feb 28, 2026 | 147.61 Mn |
| Nov 30, 2025 | 195.78 Mn |
| Aug 31, 2025 | 151.43 Mn |
| May 31, 2025 | 140.12 Mn |
| Feb 28, 2025 | 126.37 Mn |
| Nov 30, 2024 | 163.58 Mn |
| Aug 31, 2024 | 87.68 Mn |
| May 31, 2024 | 82.35 Mn |
| Feb 29, 2024 | 88.81 Mn |
| Nov 30, 2023 | 125.83 Mn |
| Aug 31, 2023 | 99.73 Mn |
| May 31, 2023 | 87.18 Mn |
| Feb 28, 2023 | 93.35 Mn |
| Nov 30, 2022 | 97.83 Mn |
| Aug 31, 2022 | 82.26 Mn |
| May 31, 2022 | 64.73 Mn |
| Feb 28, 2022 | 86.60 Mn |
| Nov 30, 2021 | 99.82 Mn |
| Aug 31, 2021 | 77.03 Mn |
API Access
Progress Software Receivables - Net 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-net&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-net", "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-net&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();