Progress Software (PRGS) Short-term Investments (2009 - 2023)
Progress Software (PRGS) posted Short-term Investments of $14.9 million for Q1 2023, up 1895.19% on a QoQ basis from $749000.0 in Q3 2022, and up 802.42% year-over-year from $1.7 million in Q1 2022.
Analysis
Progress Software (PRGS) Short-term Investments (2009 - 2023) Analysis & Trends
Progress Software has reported Short-term Investments for 15 years, with the latest figure at $14.9 million in Q1 2023.
- On a quarterly basis, Short-term Investments rose 802.42% year-over-year to $14.9 million in Q1 2023; TTM through Feb 2023 was $14.9 million, a 802.42% increase from a year earlier, with the FY2021 full-year figure at $2.0 million, down 75.43% from the prior year.
- Short-term Investments was $14.9 million for Q1 2023 at Progress Software, 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.
- Average Short-term Investments over 5 years is $10.8 million, with a median of $8.8 million recorded in 2020.
- The sharpest annual moves came in 2022 and 2023: Short-term Investments slumped 80.2% in 2022, then surged 802.42% in 2023.
- Over 5 years, 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 surged by 1895.19% to $14.9 million in 2023.
- The last three Short-term Investments figures came in at $14.9 million (Q1 2023), $749000.0 (Q3 2022), and $1.0 million (Q2 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unity Software | 18.69 Bn | 16.34 Bn | 434.76 Mn |
| 2 | JFrog | 10.57 Bn | 9.74 Bn | 127.62 Mn |
| 3 | Gitlab | 7.94 Bn | 6.68 Bn | 240.62 Mn |
| 4 | Aurora Mobile | 4.05 Bn | 4.02 Bn | 10.20 Mn |
| 5 | Progress Software | 1.77 Bn | 1.66 Bn | 208.59 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 |