Progress Software (PRGS) Total Debt (2009 - 2026)
Progress Software (PRGS) posted Total Debt of $1.29 billion for fiscal Q2 2026 (quarter ended May 31, 2026), down 11.4% from $1.46 billion a year earlier and down 3.7% from the prior quarter.
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Analysis
Progress Software (PRGS) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Progress Software's Total Debt came in at $1.4 billion, down 8.3% from FY2024.
- Annual Total Debt shows a five-year compound annual growth rate of 29.6% (FY2020 to FY2025).
- In prior fiscal years, Progress Software's Total Debt was $1.53 billion in FY2024 (+313.4%), $369.22 million in FY2023 (+39.1%), $265.45 million in FY2022 (-0.1%) and $265.76 million in FY2021 (-30.5%).
- The fiscal Q2 2026 figure stands as the lowest quarterly Total Debt since fiscal Q1 2025.
- On a year-over-year basis, Total Debt increased in three of the last five quarters, with growth averaging 98.7%.
- The strongest year-over-year quarter for Total Debt in the past five years was fiscal Q4 2024, with growth of 313.4%; the weakest was fiscal Q1 2024, with a decline of 58.6%.
- According to Business Quant data, Total Debt for the three prior fiscal quarters was $1.34 billion (Q1 2026), $1.4 billion (Q4 2025) and $1.42 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 746.22 Mn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 496.90 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | - |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | - |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 1.73 Bn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | - |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 10.12 Bn |
| 10 | Progress Software | 1.63 Bn | 1.22 Bn | 208.59 Mn | 1.29 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.29 Bn |
| Feb 28, 2026 | 1.34 Bn |
| Nov 30, 2025 | 1.40 Bn |
| Aug 31, 2025 | 1.42 Bn |
| May 31, 2025 | 1.46 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 | 755.02 Mn |
| May 31, 2023 | 786.03 Mn |
| Feb 28, 2023 | 812.06 Mn |
| Nov 30, 2022 | 265.45 Mn |
| Aug 31, 2022 | 619.12 Mn |
| May 31, 2022 | 620.14 Mn |
| Feb 28, 2022 | 621.17 Mn |
| Nov 30, 2021 | 265.76 Mn |
| Aug 31, 2021 | 562.54 Mn |
| May 31, 2021 | 564.79 Mn |
| Feb 28, 2021 | 363.88 Mn |
API Access
Progress Software Total Debt 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=total-debt&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();