Progress Software (MEX:PRGS) Current Accrued Expense: MXN430 Mil (As of May. 2026)

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MEX:PRGS Progress Software Corp MEX:PRGS
50 GF Score
Price MXN537.00
GF Value MXN949.11
Valuation Possible Value Trap
! 7 Warning Signs
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What is Progress Software Current Accrued Expense?

Progress Software MEX:PRGS 50 Current Accrued Expense is MXN430 Mil as of May. 2026. GuruFocus rates MEX:PRGS with a GF Score™ of 50/100 and a GF Value™ of MXN949.11 (Possible Value Trap). The stock has 7 warning signs investors should review.

Progress Software's Current Accrued Expense for the quarter that ended in May. 2026 was MXN430 Mil.

Progress Software's quarterly Current Accrued Expense declined from Nov. 2025 (MXN542 Mil) to Feb. 2026 (MXN511 Mil) and declined from Feb. 2026 (MXN511 Mil) to May. 2026 (MXN430 Mil).

Progress Software's annual Current Accrued Expense increased from Nov. 2023 (MXN391 Mil) to Nov. 2024 (MXN718 Mil) but then declined from Nov. 2024 (MXN718 Mil) to Nov. 2025 (MXN542 Mil).

Progress Software Current Accrued Expense Related Terms

Progress Software Current Accrued Expense Historical Data

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The historical data trend for Progress Software's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Progress Software Current Accrued Expense Chart

Progress Software Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 418.14 324.67 390.94 717.79 542.15

Progress Software Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 482.64 518.97 542.15 510.61 430.05
MEX:PRGS
50GF Score
Progress Software Corp MEX:PRGS
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Progress Software Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of MXN430 Mil mean?
Progress Software (MEX:PRGS) has a Current Accrued Expense of MXN430 Mil as of May. 2026. Current Accrued Expense records the total amount of accrued expenses. View historical data on Progress Software and its competitors.
Is Progress Software's Current Accrued Expense too high?
Progress Software's current Current Accrued Expense is MXN430 Mil. Overall, Progress Software has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Progress Software's Current Accrued Expense compare to PICS and NN?
Progress Software's Current Accrued Expense of MXN430 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Software company?
A good Current Accrued Expense depends on the Software industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Progress Software and its competitors. Progress Software's current Current Accrued Expense is MXN430 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progress Software stock overvalued right now?
Based on GuruFocus' analysis, Progress Software (MEX:PRGS) is currently considered Possible Value Trap. The stock's GF Value™ is MXN949.11, compared to a current price of MXN537.00 — trading 43.4% below its estimated fair value. The current Current Accrued Expense is MXN430 Mil. Progress Software's overall GF Score™ is 50/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Progress Software (MEX:PRGS), the current Current Accrued Expense is MXN430 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Progress Software (MEX:PRGS) Overvalued in 2026?

Based on GuruFocus' analysis, Progress Software stock appears to be undervalued. The current stock price of MXN537.00 is trading 43.4% below its estimated GF Value™ of MXN949.11. GuruFocus considers Progress Software to be Possible Value Trap.

Key valuation signals for MEX:PRGS:

  • Current Accrued Expense: MXN430 Mil
  • GF Value™: MXN949.11 vs. price of MXN537.00 (43.4% below fair value)
  • GF Score™: 50/100 with 7 warning signs

No single metric tells the full story. See the MEX:PRGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Progress Software Business Description

Other Exchanges PRGS:USAPGR:Germany
Address 15 Wayside Road, Suite 400, Burlington, MA, USA, 01803
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
50GF Score

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Current Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN537.00
Price
MXN949.11
GF Value