Progress Software Quarterly Balance Sheet
NASDAQ: PRGSTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Progress Software financial position
As of Aug 31, 2026, Progress Software reported total assets of $2.30 billion, down 4.9% from a year earlier against total liabilities of $1.77 billion. Shareholders' equity stood at $530.0 million, or 23.0% of assets. The company held $113.7 million in cash and equivalents against $1.23 billion of debt, a net debt position of $1.12 billion.
The current ratio (current assets divided by current liabilities) was 0.80, meaning short-term obligations exceed short-term assets. Debt-to-equity was 2.33.
Summary generated from market data by MetaCap's automated system. Methodology
Progress Software balance sheet (quarterly)
| Quarter (USD) | Q3 20262026-08-31 | Q2 20262026-05-31 | Q1 20262026-02-28 | Q4 20252025-11-30 | Q3 20252025-08-31 | Q2 20252025-05-31 | Q1 20252025-02-28 | Q4 20242024-11-30 | Q3 20242024-08-31 | Q2 20242024-05-31 | Q1 20242024-02-29 | Q4 20232023-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 113.65M | 102.98M | 113.17M | 94.81M | 99.01M | 102.01M | 124.16M | 118.08M | 232.71M | 190.42M | 133.22M | 126.96M |
| Receivables | 118.81M | 125.21M | 147.61M | 195.78M | 151.43M | 140.12M | 126.37M | 163.57M | 87.68M | 82.35M | 88.81M | 125.83M |
| Total Current Assets | 330.00M | 336.50M | 370.14M | 399.96M | 335.55M | 325.65M | 340.68M | 368.81M | 388.56M | 342.98M | 297.26M | 330.79M |
| Property, Plant & Equipment | 15.26M | 14.94M | 14.90M | 13.69M | 13.13M | 12.47M | 13.23M | 13.75M | 12.57M | 13.12M | 14.08M | 15.22M |
| Goodwill | 1.31B | 1.31B | 1.31B | 1.31B | 1.31B | 1.29B | 1.29B | 1.29B | 832.75M | 832.78M | 832.81M | 832.10M |
| Intangible Assets | 479.47M | 514.58M | 549.76M | 584.03M | 619.36M | 650.56M | 686.36M | 723.57M | 284.71M | 304.64M | 328.01M | 354.28M |
| Total Assets | 2.30B | 2.35B | 2.39B | 2.46B | 2.42B | 2.41B | 2.46B | 2.53B | 1.62B | 1.59B | 1.55B | 1.60B |
| Accounts Payable | 10.15M | 11.19M | 13.87M | 15.93M | 12.85M | 9.04M | 14.77M | 13.91M | 10.78M | 8.58M | 9.92M | 12.37M |
| Short-Term Debt | 0 | 0 | 359.72M | 359.16M | — | — | — | 0 | 0 | 0 | 0 | 13.11M |
| Total Current Liabilities | 414.63M | 416.04M | 788.12M | 809.73M | 769.81M | 750.27M | 428.54M | 455.14M | 314.91M | 307.22M | 312.21M | 352.12M |
| Long-Term Debt | 1.23B | 1.29B | 981.66M | 1.04B | 1.06B | 1.10B | 700.00M | 1.53B | 0 | 0 | 335.94M | 710.88M |
| Total Liabilities | 1.77B | 1.84B | 1.90B | 1.98B | 1.94B | 1.96B | 2.03B | 2.09B | 1.19B | 1.18B | 1.09B | 1.14B |
| Shareholders' Equity | 529.98M | 506.08M | 498.80M | 478.35M | 477.68M | 452.70M | 431.85M | 438.79M | 425.61M | 401.67M | 461.74M | 459.71M |
| Retained Earnings | 133.37M | 124.41M | 133.01M | 127.37M | 138.05M | 123.25M | 116.00M | 120.41M | 119.24M | 105.59M | 123.43M | 120.86M |
| Total Debt | 1.23B | 1.29B | 1.34B | 1.40B | 1.06B | 1.10B | 700.00M | 1.53B | 0 | 0 | 335.94M | 723.99M |
| Net Cash (Debt) | -1.12B | -1.19B | -1.23B | -1.31B | -961.71M | -998.24M | -575.84M | -1.41B | 232.71M | 190.42M | -202.72M | -597.03M |
| Shares Outstanding | 40.95M | 41.31M | 42.07M | 42.34M | 42.91M | 43.10M | 43.02M | 43.36M | 42.90M | 43.06M | 43.69M | 43.80M |
This table shows 12 quarterly periods of Progress Software's balance sheet, from Q3 2026 back to Q4 2023, 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?