Progress Software (PRGS) Short-term Investments (2009 - 2023)
Progress Software (PRGS) posted Short-term Investments of $14.94 million for fiscal Q1 2023 (quarter ended Feb 28, 2023), up 802.4% from $1.66 million a year earlier.
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Analysis
Progress Software (PRGS) Short-term Investments (2009 - 2023) Analysis & Trends
At the end of FY2021 (ended Nov 30, 2021), Progress Software's Short-term Investments came in at $1.97 million, down 75.4% from FY2020.
- Annual Short-term Investments has declined for four consecutive fiscal years, with a five-year compound annual growth rate of -46.0% (FY2016 to FY2021).
- In prior fiscal years, Progress Software's Short-term Investments was $8.01 million in FY2020 (-58.8%), $19.43 million in FY2019 (-43.5%), $34.39 million in FY2018 (-31.4%) and $50.15 million in FY2017 (+17.4%).
- The fiscal Q1 2023 figure stands as the highest quarterly Short-term Investments since fiscal Q1 2020.
- On a year-over-year basis, Short-term Investments increased in 1 of the last seven quarters, with growth averaging 54.6%.
- The strongest year-over-year quarter for Short-term Investments in the past five years was fiscal Q1 2023, with growth of 802.4%; the weakest was fiscal Q3 2022, with a decline of 80.2%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 322.94 Bn | 308.02 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 272.46 Bn | 252.90 Bn | 1.10 Bn |
| 3 | Fortinet | 131.11 Bn | 117.04 Bn | 1.64 Bn |
| 4 | Snowflake | 120.49 Bn | 107.81 Bn | 1.04 Bn |
| 5 | Datadog | 99.24 Bn | 80.88 Bn | 881.34 Mn |
| 6 | Okta | 35.54 Bn | 25.63 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 34.30 Bn | 28.82 Bn | 546.45 Mn |
| 8 | Zscaler | 32.41 Bn | 18.53 Bn | - |
| 9 | Baidu | 29.12 Bn | -44.51 Bn | 1.47 Mn |
| 10 | Progress Software | 1.50 Bn | 1.07 Bn | 203.54 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Progress Software Short-term Investments 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=short-term-investments&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "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=short-term-investments&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();