Progress Software (PRGS) Short-term Investments (2009 - 2023)

Progress Software (PRGS) recorded quarterly Short-term Investments of $14.9 million in Q1 2023, up 1895.19% quarter-over-quarter from $749000.0 in Q3 2022, and up 802.42% on a YoY basis from $1.7 million in Q1 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 was $14.9 million for Q1 2023 at Progress Software, up from $749000.0 in the prior quarter.
  • In the past five years, Short-term Investments ranged from a high of $26.9 million in Q1 2019 to a low of $749000.0 in Q3 2022.
  • Historically, Short-term Investments has averaged $10.8 million across 5 years, with a median of $8.8 million in 2020.
  • The sharpest annual moves came in 2022 and 2023: Short-term Investments tumbled 80.2% in 2022, then jumped 802.42% in 2023.
  • A 5-year view of Short-term Investments shows it stood at $19.4 million in 2019, then tumbled by 58.79% to $8.0 million in 2020, then slumped by 75.43% to $2.0 million in 2021, then sank by 61.92% to $749000.0 in 2022, then jumped 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn
10 Progress Software 1.33 Bn 1.21 Bn 203.94 Mn

Historic Data

Download Data
DateValue
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