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% on a QoQ basis from $749000.0 in Q3 2022.

Progress Software (PRGS) Short-term Investments (2009 - 2023) Analysis & Trends

Progress Software (PRGS) has reported Short-term Investments for 15 consecutive years, with $14.9 million the latest figure, recorded in 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 came in at $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.
  • Across the five-year window, Short-term Investments plunged 80.2% in 2022 and jumped 802.42% in 2023, its largest moves.
  • Year by year, Short-term Investments stood at $19.4 million in 2019, then plunged by 58.79% to $8.0 million in 2020, then tumbled by 75.43% to $2.0 million in 2021, then slumped by 61.92% to $749000.0 in 2022, then jumped by 1895.19% to $14.9 million in 2023.
  • According to Business Quant data, Short-term Investments over the past three periods registered $14.9 million, $749000.0, and $1.0 million for Q1 2023, Q3 2022, and Q2 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn
10 Progress Software 1.65 Bn 1.54 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