Progress Software (PRGS) Shares Outstanding (Diluted) (2009 - 2026)
Progress Software's Shares Outstanding (Diluted) came in at 42.31 million for fiscal Q2 2026 (quarter ended May 31, 2026), down 4.2% from 44.16 million a year earlier and down 1.0% from the prior quarter.
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Analysis
Progress Software (PRGS) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Progress Software's Shares Outstanding (Diluted) was 44.02 million, down 0.9% from FY2024.
- Shares Outstanding (Diluted) carries a five-year compound annual growth rate of -0.6% (FY2020 to FY2025).
- Going back by fiscal year, Shares Outstanding (Diluted) was 44.43 million in FY2024 (-0.5%), 44.66 million in FY2023 (+0.9%), 44.25 million in FY2022 (-0.8%) and 44.62 million in FY2021 (-1.5%).
- The fiscal Q2 2026 figure represents the lowest quarterly Shares Outstanding (Diluted) in data going back to fiscal Q3 2009.
- Year-over-year, Shares Outstanding (Diluted) has declined for three consecutive quarters, with an average decline of 1.6% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in fiscal Q3 2023 (growth of 2.4%), and the weakest in fiscal Q1 2026 (a decline of 4.8%).
- Business Quant data shows PRGS's Shares Outstanding (Diluted) at 42.73 million (Q1 2026), 44.02 million (Q4 2025) and 43.72 million (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | 764.00 Mn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 1.04 Bn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 739.90 Mn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | 349.26 Mn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 371.02 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 178.81 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 82.54 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | 160.22 Mn |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 42.88 Mn |
| 10 | Progress Software | 1.64 Bn | 1.21 Bn | 203.54 Mn | 41.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 41.48 Mn |
| May 31, 2026 | 42.31 Mn |
| Feb 28, 2026 | 42.73 Mn |
| Nov 30, 2025 | 44.02 Mn |
| Aug 31, 2025 | 43.72 Mn |
| May 31, 2025 | 44.16 Mn |
| Feb 28, 2025 | 44.89 Mn |
| Nov 30, 2024 | 44.43 Mn |
| Aug 31, 2024 | 43.71 Mn |
| May 31, 2024 | 43.96 Mn |
| Feb 29, 2024 | 44.83 Mn |
| Nov 30, 2023 | 44.66 Mn |
| Aug 31, 2023 | 44.98 Mn |
| May 31, 2023 | 44.47 Mn |
| Feb 28, 2023 | 44.35 Mn |
| Nov 30, 2022 | 44.25 Mn |
| Aug 31, 2022 | 43.94 Mn |
| May 31, 2022 | 44.25 Mn |
| Feb 28, 2022 | 44.71 Mn |
| Nov 30, 2021 | 44.62 Mn |
API Access
Progress Software Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();