Progress Software (PRGS) Times Interest Earned (2014 - 2026)
Progress Software's (PRGS) Times Interest Earned stood at 2.84 in fiscal Q2 2026 (quarter ended May 31, 2026), up 33.4% from 2.13 a year earlier but down 6.8% from the prior quarter.
Progress Software (PRGS) Times Interest Earned (2014 - 2026) Analysis & Trends
On a TTM basis, Progress Software's Times Interest Earned came in at 2.66 as of May 31, 2026, up 8.4% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at 2.16, down 44.1% from FY2024.
- Across earlier fiscal years, Times Interest Earned came in at 3.87 in FY2024 (+7.9%), 3.59 in FY2023 (-57.1%), 8.37 in FY2022 (+44.5%) and 5.79 in FY2021 (-45.3%).
- Quarterly Times Interest Earned has ranged from 1.76 in fiscal Q1 2025 to 11.01 in fiscal Q2 2022 over the past five years.
- On a year-over-year basis, Times Interest Earned has increased for three consecutive quarters, with an average year-over-year change of 0.0% over the last eight quarters.
- Peak year-over-year performance for Times Interest Earned in the last five years was growth of 127.2% in fiscal Q2 2022, against a decline of 75.4% in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 3.05 (Q1 2026), 2.32 (Q4 2025) and 2.47 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | -5.50 |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 215.41 |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | -126.37 |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 1.68 |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 5.63 |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 1.66 |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 4.97 |
| 10 | Progress Software | 1.64 Bn | 1.21 Bn | 203.54 Mn | 2.75 |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 2.75 |
| May 31, 2026 | 2.84 |
| Feb 28, 2026 | 3.05 |
| Nov 30, 2025 | 2.32 |
| Aug 31, 2025 | 2.47 |
| May 31, 2025 | 2.13 |
| Feb 28, 2025 | 1.76 |
| Nov 30, 2024 | 1.97 |
| Aug 31, 2024 | 5.96 |
| May 31, 2024 | 3.87 |
| Feb 29, 2024 | 4.77 |
| Nov 30, 2023 | 2.86 |
| Aug 31, 2023 | 3.44 |
| May 31, 2023 | 2.70 |
| Feb 28, 2023 | 6.09 |
| Nov 30, 2022 | 6.88 |
| Aug 31, 2022 | 7.99 |
| May 31, 2022 | 11.01 |
| Feb 28, 2022 | 7.95 |
| Nov 30, 2021 | 3.17 |
Progress Software Times Interest Earned 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=times-interest-earned&ticker=PRGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();