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| 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 |