Progress Software Balance Sheet
NASDAQ: PRGSTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Progress Software financial position
At the end of fiscal 2025, Progress Software reported total assets of $2.46 billion, down 2.7% from a year earlier against total liabilities of $1.98 billion. Shareholders' equity stood at $478.3 million, or 19.5% of assets. The company held $94.8 million in cash and equivalents against $1.40 billion of debt, a net debt position of $1.31 billion.
The current ratio (current assets divided by current liabilities) was 0.49, meaning short-term obligations exceed short-term assets. Debt-to-equity was 2.93.
Summary generated from market data by MetaCap's automated system. Methodology
Progress Software balance sheet (annual)
| Fiscal year (USD) | FY 20252025-11-30 | FY 20242024-11-30 | FY 20232023-11-30 | FY 20222022-11-30 | FY 20212021-11-30 | FY 20202020-11-30 | FY 20192019-11-30 | FY 20182018-11-30 | FY 20172017-11-30 | FY 20162016-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 94.81M | 118.08M | 126.96M | 256.28M | 155.41M | 97.99M | 154.26M | 105.13M | 133.46M | 133.46M |
| Short-Term Investments | — | — | — | 0 | 1.97M | 8.01M | 19.43M | 34.39M | 50.15M | 42.72M |
| Receivables | 195.78M | 163.57M | 125.83M | 97.83M | 99.81M | 84.04M | 72.82M | 59.72M | 61.21M | 65.68M |
| Inventory | — | — | — | 5.04M | 3.55M | 0 | — | — | — | — |
| Total Current Assets | 399.96M | 368.81M | 330.79M | 426.05M | 337.81M | 238.94M | 284.67M | 231.50M | 263.41M | 336.05M |
| Property, Plant & Equipment | 13.69M | 13.75M | 15.22M | 14.93M | 14.35M | 29.82M | 29.77M | 30.71M | 42.26M | 50.10M |
| Goodwill | 1.31B | 1.29B | 832.10M | 671.04M | 671.15M | 491.73M | 432.82M | 314.99M | 315.04M | 278.07M |
| Intangible Assets | 584.03M | 723.57M | 354.28M | 217.35M | 287.19M | 212.75M | 99.39M | 58.92M | 94.89M | 80.83M |
| Total Assets | 2.46B | 2.53B | 1.60B | 1.41B | 1.36B | 1.04B | 881.27M | 644.15M | 718.72M | 754.83M |
| Accounts Payable | 15.93M | 13.91M | 12.37M | 9.28M | 9.68M | 9.98M | 10.60M | 10.59M | 9.00M | 12.99M |
| Short-Term Debt | 359.16M | 0 | 13.11M | 6.23M | 25.77M | 18.24M | 10.72M | 5.82M | 5.82M | 15.00M |
| Total Current Liabilities | 809.73M | 455.14M | 352.12M | 318.00M | 322.93M | 262.54M | 240.88M | 186.03M | 208.02M | 203.74M |
| Long-Term Debt | 1.04B | 1.53B | 710.88M | 611.85M | 534.53M | 364.26M | 284.00M | 110.27M | 116.09M | 120.00M |
| Total Liabilities | 1.98B | 2.09B | 1.14B | 1.01B | 951.05M | 695.77M | 550.99M | 320.15M | 314.34M | 312.10M |
| Shareholders' Equity | 478.35M | 438.79M | 459.71M | 398.50M | 412.49M | 346.01M | 330.28M | 324.00M | 404.38M | 442.73M |
| Retained Earnings | 127.37M | 120.41M | 120.86M | 101.66M | 90.26M | 72.55M | 64.30M | 85.13M | 145.25M | 195.69M |
| Total Debt | 1.40B | 1.53B | 723.99M | 618.08M | 560.29M | 382.50M | 294.72M | 116.09M | 121.91M | 135.00M |
| Net Cash (Debt) | -1.31B | -1.41B | -597.03M | -361.80M | -402.92M | -276.51M | -121.03M | 23.42M | 61.70M | 41.18M |
| Shares Outstanding | 42.34M | 43.36M | 43.80M | 43.26M | 44.15M | 44.24M | 45.04M | 45.11M | 47.28M | 48.54M |
This table shows 10 annual periods of Progress Software's balance sheet, from FY 2025 back to FY 2016, across 20 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow PRGS's reporting calendar. What is a balance sheet?