Progress Software (PRGS) Total Debt (2009 - 2026)
Progress Software (PRGS) posted quarterly Total Debt of $850.0 million for Q2 2026, down 16.51% year-over-year from $1.0 billion in Q2 2025, and down 5.53% quarter-over-quarter from $899.7 million in Q1 2026.
Progress Software (PRGS) Total Debt (2009 - 2026) Analysis & Trends
Progress Software's Total Debt history runs 16 years deep, the most recent figure standing at $850.0 million for Q2 2026.
- In Q2 2026, Total Debt fell 16.51% year-over-year to $850.0 million; the TTM figure through May 2026 stood at $850.0 million (down 16.51% YoY), while the FY2025 annual figure was $959.2 million, down 37.16% from the prior year.
- Total Debt for Q2 2026 stood at $850.0 million, down from $899.7 million in the prior quarter.
- The five-year high for Total Debt was $1.5 billion in Q4 2024, with the low at $265.5 million in Q4 2022.
- The 5-year median for Total Debt is $566.2 million (2023), against an average of $674.6 million.
- Peak annual rise in Total Debt reached 313.38% in 2024, while the deepest fall reached 58.63% in 2024.
- Progress Software's Total Debt stood at $265.5 million in 2022, then jumped by 39.09% to $369.2 million in 2023, then soared by 313.38% to $1.5 billion in 2024, then sank by 37.16% to $959.2 million in 2025, then fell by 11.38% to $850.0 million in 2026.
- Business Quant data shows PRGS's Total Debt at $850.0 million in Q2 2026, $899.7 million in Q1 2026, and $959.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 40.29 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 122.34 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 160.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 496.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 1.29 Bn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 10.07 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 3.66 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 6.29 Bn |
| 10 | Progress Software | 1.81 Bn | 1.70 Bn | 208.59 Mn | 850.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 850.00 Mn |
| Feb 28, 2026 | 899.72 Mn |
| Nov 30, 2025 | 959.16 Mn |
| Aug 31, 2025 | 1.42 Bn |
| May 31, 2025 | 1.02 Bn |
| Feb 28, 2025 | 700.00 Mn |
| Nov 30, 2024 | 1.53 Bn |
| Feb 29, 2024 | 335.94 Mn |
| Nov 30, 2023 | 369.22 Mn |
| Aug 31, 2023 | 400.78 Mn |
| May 31, 2023 | 432.34 Mn |
| Feb 28, 2023 | 812.06 Mn |
| Nov 30, 2022 | 265.45 Mn |
| Aug 31, 2022 | 267.01 Mn |
| May 31, 2022 | 268.57 Mn |
| Feb 28, 2022 | 270.13 Mn |
| Nov 30, 2021 | 265.76 Mn |
| Aug 31, 2021 | 271.26 Mn |
| May 31, 2021 | 276.76 Mn |
| Feb 28, 2021 | 385.81 Mn |