Progress Software (PRGS) Short-term Investments (2009 - 2023)
Progress Software (PRGS) posted quarterly Short-term Investments of $14.9 million for Q1 2023, up 802.42% year-over-year from $1.7 million in Q1 2022, and up 1895.19% quarter-over-quarter from $749000.0 in Q3 2022.
Progress Software (PRGS) Short-term Investments (2009 - 2023) Analysis & Trends
Progress Software's Short-term Investments history runs 15 years deep, the most recent figure standing at $14.9 million for Q1 2023.
- In Q1 2023, Short-term Investments rose 802.42% year-over-year to $14.9 million; the TTM figure through Feb 2023 stood at $14.9 million (up 802.42% YoY), while the FY2021 annual figure was $2.0 million, down 75.43% from the prior year.
- Short-term Investments for Q1 2023 stood at $14.9 million, up from $749000.0 in the prior quarter.
- The five-year high for Short-term Investments was $26.9 million in Q1 2019, with the low at $749000.0 in Q3 2022.
- The 5-year median for Short-term Investments is $8.8 million (2020), against an average of $10.8 million.
- The sharpest annual moves came in 2022 and 2023: Short-term Investments slumped 80.2% in 2022, then soared 802.42% in 2023.
- Progress Software's Short-term Investments stood at $19.4 million in 2019, then slumped by 58.79% to $8.0 million in 2020, then sank by 75.43% to $2.0 million in 2021, then plunged by 61.92% to $749000.0 in 2022, then soared by 1895.19% to $14.9 million in 2023.
- Business Quant data shows PRGS's Short-term Investments at $14.9 million in Q1 2023, $749000.0 in Q3 2022, and $1.0 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Progress Software | 1.81 Bn | 1.70 Bn | 208.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2023 | 14.94 Mn |
| Aug 31, 2022 | 749,000.00 |
| May 31, 2022 | 1.05 Mn |
| Feb 28, 2022 | 1.66 Mn |
| Nov 30, 2021 | 1.97 Mn |
| Aug 31, 2021 | 3.78 Mn |
| May 31, 2021 | 5.30 Mn |
| Feb 28, 2021 | 6.67 Mn |
| Nov 30, 2020 | 8.01 Mn |
| Aug 31, 2020 | 9.54 Mn |
| May 31, 2020 | 10.42 Mn |
| Feb 29, 2020 | 15.96 Mn |
| Nov 30, 2019 | 19.43 Mn |
| Aug 31, 2019 | 21.38 Mn |
| May 31, 2019 | 25.30 Mn |
| Feb 28, 2019 | 26.94 Mn |
| Nov 30, 2018 | 34.39 Mn |
| Aug 31, 2018 | 39.18 Mn |
| May 31, 2018 | 47.08 Mn |
| Feb 28, 2018 | 50.39 Mn |