Company / Accounts Receivable
Progress Software Corporation Accounts Receivable History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Accounts Receivable
$195.8M
FY2025
5-year range
$97.8M / $195.8M
FY2021-FY2025
Trend
+19.7%
vs FY2024
Sector context
#165 of 298
Information Technology
What the data says
At $196M, Progress Software Corporation's accounts receivable ranks #165 of 298 in the Information Technology sector. Accounts Receivable has increased for 3 consecutive years, from $98M in FY2022 to $196M in FY2025.
Based on SEC 10-K filings.
$196M in FY2025 with a 5-year CAGR of +18.4%.
Improved from $126M to $196M over the past 2 years.
Information Technology sector context is included.
Accounts Receivable over time
Growth rates
- 3-Year CAGR
- +26.0%
- 5-Year CAGR
- +18.4%
- 10-Year CAGR
- -
Sector benchmark
#165 of 298 in Information TechnologyTop 55% of 298This company $195.8M Sector average $1.4B
▼
-86.1% below sector average
Key checks
Key Insights
- Progress Software Corporation's accounts receivable has grown for 3 consecutive years.
- 5-year CAGR of +18.4%, indicating consistent growth.
- In FY2025, accounts receivable increased 19.7% year-over-year.
- Ranks #165 out of 298 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 0.62 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Accounts ReceivableValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $195.8M | +19.7% |
| FY2024 | $163.6M | +30.0% |
| FY2023 | $125.8M | +28.6% |
| FY2022 | $97.8M | -2.0% |
| FY2021 | $99.8M | +18.8% |
| FY2020 | $84.0M | +15.4% |
| FY2019 | $72.8M | +21.9% |
| FY2018 | $59.7M | -2.4% |
| FY2017 | $61.2M | -6.8% |
| FY2016 | $65.7M | -1.2% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026