Company / Working Capital
Progress Software Corporation Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$409.8M
FY2025
5-year range
-$409.8M / $108.0M
FY2021-FY2025
Trend
-374.6%
vs FY2024
Sector context
#304 of 321
Information Technology
What the data says
Working Capital changed -375% YoY in FY2025, a notable deviation from the 9-year average annual change of -27%.
Based on SEC 10-K filings.
-$410M in FY2025.
Declined from -$21M to -$410M over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 5% in Information TechnologyTop 95% of 321This company -$409.8M Sector average $1.3B
▼
-130.9% below sector average
Key checks
Key Insights
- Progress Software Corporation's working capital has declined for 3 consecutive years.
- In FY2025, working capital decreased 374.6% year-over-year.
- Ranks #304 out of 321 companies in the Information Technology sector.
- Peak working capital was recorded in FY2016.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$409.8M | -374.6% |
| FY2024 | -$86.3M | -304.7% |
| FY2023 | -$21.3M | -119.7% |
| FY2022 | $108.0M | +626.2% |
| FY2021 | $14.9M | +163.0% |
| FY2020 | -$23.6M | -153.9% |
| FY2019 | $43.8M | -3.7% |
| FY2018 | $45.5M | -17.9% |
| FY2017 | $55.4M | -58.1% |
| FY2016 | $132.3M | +7.1% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026