PRGS (Progress Software) Long-Term Debt: $1,292 Mil (As of May. 2026)

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PRGS Progress Software Corp PRGS
79 GF Score
Price $42.75
GF Value $78.84
Valuation Possible Value Trap
! 7 Warning Signs
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What is Progress Software Long-Term Debt?

Progress Software PRGS -2.35% 79 Long-Term Debt is $1,292 Mil as of May. 2026. GuruFocus rates PRGS with a GF Score™ of 79/100 and a GF Value™ of $78.84 (Possible Value Trap). The stock has 7 warning signs investors should review.

Progress Software's Long-Term Debt for the quarter that ended in May. 2026 was $1,292 Mil.

Progress Software's quarterly Long-Term Debt declined from Nov. 2025 ($1,041 Mil) to Feb. 2026 ($982 Mil) but then increased from Feb. 2026 ($982 Mil) to May. 2026 ($1,292 Mil).

Progress Software's annual Long-Term Debt increased from Nov. 2023 ($711 Mil) to Nov. 2024 ($1,526 Mil) but then declined from Nov. 2024 ($1,526 Mil) to Nov. 2025 ($1,041 Mil).

Progress Software  (NAS:PRGS) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Progress Software Long-Term Debt Related Terms

Progress Software Long-Term Debt Historical Data

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The historical data trend for Progress Software's Long-Term Debt 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 Long-Term Debt Chart

Progress Software Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 534.53 611.85 710.88 1,526.27 1,041.19

Progress Software Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Long-Term Debt 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 1,100.24 1,060.71 1,041.19 981.66 1,292.15
PRGS
79GF Score
Progress Software Corp PRGS
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $1,292 Mil mean?
Progress Software (PRGS) has a Long-Term Debt of $1,292 Mil as of May. 2026.
Is Progress Software's Long-Term Debt too high?
Progress Software's current Long-Term Debt is $1,292 Mil. Overall, Progress Software has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Progress Software's Long-Term Debt compare to PICS and NN?
Progress Software's Long-Term Debt of $1,292 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 Long-Term Debt for a Software company?
A good Long-Term Debt depends on the Software industry context. However, Long-Term Debt 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 Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Progress Software's current Long-Term Debt is $1,292 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 (PRGS) is currently considered Possible Value Trap. The stock's GF Value™ is $78.84, compared to a current price of $42.75 — trading 45.8% below its estimated fair value. The current Long-Term Debt is $1,292 Mil. Progress Software's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Progress Software (PRGS), the current Long-Term Debt is $1,292 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 (PRGS) Overvalued in 2026?

Based on GuruFocus' analysis, Progress Software stock appears to be undervalued. The current stock price of $42.75 is trading 45.8% below its estimated GF Value™ of $78.84. GuruFocus considers Progress Software to be Possible Value Trap.

Key valuation signals for PRGS:

  • Long-Term Debt: $1,292 Mil
  • GF Value™: $78.84 vs. price of $42.75 (45.8% below fair value)
  • GF Score™: 79/100 with 7 warning signs

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

Progress Software Business Description

Other Exchanges PRGS:MexicoPGR: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.
79GF Score

Get the complete analysis for PRGS

Long-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$42.75
Price
$78.84
GF Value