What are Progress Software's total assets?

Progress Software (PRGS) holds $2.4B in total assets, down 2.8% year over year.

How much debt does Progress Software have?

Progress Software carries $1.3B in total debt against $498.8M of shareholders' equity, a debt-to-equity ratio of 2.59.

How much cash does Progress Software have?

Progress Software holds $113.2M in cash and equivalents.

Can Progress Software cover its short-term obligations?

Its current ratio is 0.47 — current liabilities exceed current assets.

Where does Progress Software's balance sheet data come from?

Every line is extracted from Progress Software's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Progress Software PRGS Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$113.17M-8.9%	$94.81M-19.7%	$99.01M-57.5%	$102.01M-46.4%	$124.16M-6.8%
Accounts receivable, net	$147.61M+16.8%	$195.78M+19.7%	$151.43M+72.7%	$140.12M+70.1%	$126.37M+42.3%
Prepaid expenses and other current assets	$68.6M+25.4%	$62.78M+19.6%	$49.18M+49.0%	$49.39M+33.3%	$54.69M+18.8%
Contract assets	$40.76M+15.0%	$46.6M+34.4%	$35.93M+2.2%	$34.14M+3.0%	$35.45M+21.5%
Total current assets	$370.14M+8.6%	$399.97M+8.4%	$335.55M-13.6%	$325.65M-5.1%	$340.68M+14.6%
Property and equipment, net	$14.9M+12.6%	$13.69M-0.4%	$13.13M+4.5%	$12.47M-4.9%	$13.23M-6.0%
Accumulated depreciation	$708.66M+25.1%	$674.39M+27.2%	$638.95M+26.8%	$602.16M+24.4%	$566.36M+22.9%
Operating lease right-of-use assets	$30.6M+8.1%	$25.84M-16.4%	$27.73M+116%	$27.35M+92.4%	$28.31M+84.8%
Goodwill	$1.31B+1.2%	$1.31B+1.3%	$1.31B+57.2%	$1.29B+55.4%	$1.29B+55.4%
Intangible assets, net	$549.76M-19.9%	$584.03M-19.3%	$619.36M+118%	$650.56M+114%	$686.36M+109%
Deferred tax assets	$1.18M-48.5%	$1.16M-49.2%	$2.6M-31.0%	$2.48M-33.1%	$2.29M-37.0%
Other non-current assets	$28.48M-6.4%	$29.95M+3.7%	$30.76M-11.2%	$29.89M-7.7%	$30.42M-9.6%
Total assets	$2.39B-2.7%	$2.46B-2.7%	$2.42B+49.5%	$2.41B+52.1%	$2.46B+59.1%
Accounts payable	$13.87M-6.1%	$15.93M+14.6%	$12.85M+19.2%	$9.04M+5.4%	$14.77M+48.9%
Accrued expenses	$45.3M+5.0%	$71.8M+11.0%	$63.32M+44.2%	$41.73M+19.8%	$43.15M+29.1%
Deferred revenue	$330.77M+0.6%	$324.75M-2.2%	$298.72M+37.0%	$308.36M+36.1%	$328.8M+41.4%
Current portion of long-term debt	$359.72M—	$359.16M—	——	——	——
Operating lease liabilities, current	$8.81M-1.8%	$8.49M-7.7%	$8.79M-1.0%	$8.25M-12.7%	$8.98M-8.6%
Short-term borrowings	$359.72M—	$359.16M—	$358.62M—	$358.05M—	——
Contract liabilities	$93.85M+31.2%	$100.33M+38.8%	$82.35M+22.3%	$80.22M+23.4%	$71.51M+12.5%
Income taxes payable	-$502K-93.1%	$2.03M—	$2.15M+24.3%	-$760K—	-$260K+43.6%
Total current liabilities	$788.12M+83.9%	$809.73M+77.9%	$769.81M+144%	$750.27M+144%	$428.54M+37.3%
Long-term debt	$540M-22.9%	$600M-17.8%	$620M—	$660M—	$700M+108%
Operating lease liabilities, non-current	$25.31M+4.3%	$21.08M-19.7%	$22.71M+164%	$22.55M+126%	$24.26M+116%
Other non-current liabilities	$5.86M-12.5%	$5.83M-2.2%	$5.86M+34.0%	$5.13M+13.1%	$6.7M+61.3%
Preferred stock	$0—	$0—	$0—	$0—	$0—
Common stock	200M0.0%	200M+45,983%	200M0.0%	200M0.0%	200M0.0%
Additional paid-in capital	$398.03M+12.7%	$383.7M+8.3%	$371.62M+9.8%	$362.09M+9.6%	$353.04M-5.2%
Retained earnings	$133.01M+14.7%	$127.37M+5.8%	$138.05M+15.8%	$123.25M+16.7%	$116M-6.0%
Accumulated other comprehensive income (loss)	-$32.67M+13.2%	-$33.14M+8.5%	-$32.42M+0.7%	-$33.08M+4.8%	-$37.62M-9.4%
Total stockholders' equity	$498.8M+15.5%	$478.35M+9.0%	$477.68M+12.2%	$452.7M+12.7%	$431.85M-6.5%
Total liabilities and stockholders' equity	$2.39B-2.7%	$2.46B-2.7%	$2.42B+49.5%	$2.41B+52.1%	$2.46B+59.1%
Other current assets	$68.6M+25.4%	$62.78M+19.6%	$49.18M+49.0%	$49.39M+33.3%	$54.69M+18.8%
Contract Assets, Non-Current	$28.48M-6.4%	$29.95M+3.7%	$30.76M-11.2%	$29.89M-7.7%	$30.42M-9.6%
Deferred Tax Assets and Other Non-Current Assets	$16.69M+37.3%	$17.68M+39.3%	$17.11M+34.4%	$11.79M-13.3%	$12.15M+64.5%
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	$72.58M-27.0%	——	$100.56M+203%	$99.44M+200%	$99.44M+200%
Finite Lived Intangible Assets - Gross	$1.26B+0.5%	$1.26B+0.4%	$1.26B+59.5%	$1.25B+58.8%	$1.25B+58.8%
Net Investment in Lease	$30.6M+8.1%	$25.84M-16.4%	$27.73M+116%	$27.35M+92.4%	$28.31M+84.8%
Deferred tax assets	$75.14M+30.8%	$77.44M+37.8%	$68.82M+67.5%	$62.05M+90.2%	$57.45M+198%
Intangible assets — net	$549.76M-19.9%	$584.03M-19.3%	$619.36M+118%	$650.56M+114%	$686.36M+109%
Other intangible assets—net	$549.76M-19.9%	$584.03M-19.3%	$619.36M+118%	$650.56M+114%	$686.36M+109%
Operating lease right-of-use assets	$30.6M+8.1%	$25.84M-16.4%	$27.73M+116%	$27.35M+92.4%	$28.31M+84.8%
Other non-current assets	$16.69M+37.3%	$17.68M+39.3%	$17.11M+34.4%	$11.79M-13.3%	$12.15M+64.5%
Operating Lease Right-of-Use Assets in Other Assets	$30.6M+8.1%	$25.84M-16.4%	$27.73M+116%	$27.35M+92.4%	$28.31M+84.8%
Software and Technology Licenses, Net	$16.69M+37.3%	$17.68M+39.3%	$17.11M+34.4%	$11.79M-13.3%	$12.15M+64.5%
Accrued Manufacturing Costs	$45.3M+5.0%	$71.8M+11.0%	$63.32M+44.2%	$41.73M+19.8%	$43.15M+29.1%
Accrued Progress Collections and Price Adjustments	$93.85M+31.2%	$100.33M+38.8%	$82.35M+22.3%	$80.22M+23.4%	$71.51M+12.5%
Debt, current	$359.72M—	$359.16M—	$358.62M—	$358.05M—	——
Compensation and benefits	$45.3M+5.0%	$71.8M+11.0%	$63.32M+44.2%	$41.73M+19.8%	$43.15M+29.1%
Restructuring Reserve	$3.62M-68.5%	$5.84M-41.8%	$3.88M-7.8%	$5.01M+3.7%	$11.51M+108%
Contingent Consideration Liability (Non-Current)	$1.08M—	——	$1.08M—	——	$0—
Contract Liabilities, Non-Current	$93.85M+31.2%	$100.33M+38.8%	$82.35M+22.3%	$80.22M+23.4%	$71.51M+12.5%
Convertible Debt (Non-Current)	$441.66M-44.6%	$441.19M-44.6%	$440.71M-44.6%	$440.24M-44.6%	$797.28M+124%
Deferred revenue, net of current portion	$93.85M+31.2%	$100.33M+38.8%	$82.35M+22.3%	$80.22M+23.4%	$71.51M+12.5%
Total debt	$1.29B+76.4%	$1.35B+76.1%	$1.01B+5,682%	$1.05B+5,302%	$733.24M+105%
Common Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common Stock Shares Issued	42.1M-2.2%	42.3M-2.4%	42.9M0.0%	43.1M+0.1%	43M-1.5%
Convertible Preferred Stock Authorized Shares	10M0.0%	10M0.0%	10M0.0%	10M0.0%	10M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—	0—
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$421K-2.1%	$423K-2.5%	$429K0.0%	$431K0.0%	$430K-1.6%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	$0—
Preferred Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Share Repurchase Authorization Limit	$182.2M+136%	——	$42.2M-60.6%	$57.2M-52.9%	$77.2M-55.0%
Share Repurchase Program - Amount Remaining	$182.2M+136%	——	$42.2M-60.6%	$57.2M-52.9%	$77.2M-55.0%
Deferred Revenue Timing Percentage	75%-3.0%	——	74%+1.0%	76%+1.0%	78%+3.0%
Fair Value Measurement Disclosure	$1.08M—	$1.08M—	$1.08M—	——	——
Business Combination, Contingent Consideration, Liability	$1.08M—	——	$1.08M—	——	$0—
Common stock, par value (in dollars per share)	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common stock, shares authorized (in shares)	$200M0.0%	$200M0.0%	$200M0.0%	$200M0.0%	$200M0.0%
Common stock, shares issued (in shares)	$42.07M-2.2%	$42.34M-2.4%	$42.91M0.0%	$43.1M+0.1%	$43.02M-1.5%
Common Stock, Shares, Outstanding	$42.07M-2.2%	$42.34M-2.4%	$42.91M0.0%	$43.1M+0.1%	$43.02M-1.5%
Contract With Customer, Asset	$28.48M-6.4%	——	$30.76M-11.2%	$29.89M-7.7%	$30.42M-9.6%
2029	$5.32M—	——	——	——	——
2028	$8.1M-7.0%	——	$16.82M+372%	$10.22M—	$8.7M—
2027	$15.06M-30.6%	——	$13.95M-32.0%	$19.67M—	$21.71M—
Contract with Customer, Liability	$424.61M+6.1%	$425.08M+5.1%	$381.06M+33.5%	$388.58M+33.3%	$400.31M+35.2%
Convertible debentures	$441.66M-44.6%	$441.19M-44.6%	$440.71M-44.6%	$440.24M-44.6%	$797.28M+124%
Cybersecurity insurance, additional coverage	$3.5M-41.7%	——	$5M-33.3%	$5.4M-32.5%	$6M-25.0%
Cybersecurity insurance, maximum amount	$15M—	——	——	——	——
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net, Excluding Current Maturities	$8.34M—	$8.81M—	$9.29M—	$9.76M—	——
Deferred contract costs	$6.2M+5.1%	$6.5M-3.0%	$5.8M-4.9%	$5.5M-16.7%	$5.9M-15.7%
Deferred income taxes	$1.18M-48.5%	$1.16M-49.2%	$2.6M-31.0%	$2.48M-33.1%	$2.29M-37.0%
Finite-Lived Intangible Assets, Accumulated Amortization	$708.66M+25.1%	$674.39M+27.2%	$638.95M+26.8%	$602.16M+24.4%	$566.36M+22.9%
2028	$100.58M-9.4%	——	$112.15M+61.8%	$111.03M+60.7%	$111.03M+61.7%
2030	$72.58M-27.0%	——	$100.56M+203%	$99.44M+200%	$99.44M+200%
Remainder of 2026	$103M-5.0%	——	$35.25M+76.7%	$71.81M+79.0%	$108.41M+69.7%
Thereafter	$60.85M-54.1%	——	$133.42M+244%	$132.77M+242%	$132.68M+242%
2027	$112.17M-17.1%	——	$137.42M+74.5%	$136.07M+72.8%	$135.36M+71.9%
2029	$100.58M+1.1%	——	$100.56M+125%	$99.44M+122%	$99.44M+122%
Gross Carrying Amount	$1.26B+0.5%	$1.26B+0.4%	$1.26B+59.5%	$1.25B+58.8%	$1.25B+58.8%
Total face value of long-term debt	$990M—	$1.05B—	$1.07B—	$1.11B—	——
Other accrued liabilities	$29.65M-9.7%	$29.59M-16.0%	$27.52M+10.6%	$24.84M+27.8%	$32.84M+82.0%
Preferred Stock, Par or Stated Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Preferred Stock, Shares Authorized	$10M0.0%	$10M0.0%	$10M0.0%	$10M0.0%	$10M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—	$0—
Restructuring Reserve	$3.62M-68.5%	$5.84M-41.8%	$3.88M-7.8%	$5.01M+3.7%	$11.51M+108%
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	$527.5M+10.3%	——	$592.3M+71.2%	$497.5M+44.6%	$478.3M+37.4%
Stock repurchase program additional authorized amount	——	$200M—	——	——	——
Share Repurchase Program, Authorized, Amount	——	$242.2M—	——	——	——
Share Repurchase Program, Remaining Authorized, Amount	$182.2M+136%	——	$42.2M-60.6%	$57.2M-52.9%	$77.2M-55.0%
Remainder of Fiscal Year 2024	$103M-5.0%	——	$35.25M+76.7%	$71.81M+79.0%	$108.41M+69.7%
Remainder of Fiscal Year 2025	$103M-5.0%	——	$35.25M+76.7%	$71.81M+79.0%	$108.41M+69.7%

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Questions, answered.

What are Progress Software's total assets?: Progress Software (PRGS) holds $2.4B in total assets, down 2.8% year over year.
How much debt does Progress Software have?: Progress Software carries $1.3B in total debt against $498.8M of shareholders' equity, a debt-to-equity ratio of 2.59.
How much cash does Progress Software have?: Progress Software holds $113.2M in cash and equivalents.
Can Progress Software cover its short-term obligations?: Its current ratio is 0.47 — current liabilities exceed current assets.
Where does Progress Software's balance sheet data come from?: Every line is extracted from Progress Software's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.