Progress Software Interest Expense History

PRGS Stock  USD 29.17  1.84  6.73%   
Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. This line item is reported on Progress Software's' income statement. Interest Expense is currently 85.6 M, up 4.76% from 81.5 M a year ago. All Reported Financials
 
Interest Expense  
 First Reported
1991-08-31
 Previous Quarter
17.7 M
 Current Value
16.5 M
 Quarterly Volatility
3.4 M
Macro event markers
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Progress Software reports Interest Expense as part of its standard financial disclosures each period.

Latest Progress Software's Interest Expense Growth Pattern

Progress Software's Interest Expense over 15 fiscal periods is shown below. The dropping direction is visible across the full charted timeframe. Where the latest reading sits relative to the full range often matters more than the absolute level. The annual reporting cadence smooths out intra-year noise, revealing the underlying direction. The spread between Progress Software's highest and lowest reported Interest Expense defines the historical envelope.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Interest Expense Trend Statistics

Arithmetic Mean 22,276,404
Geometric Mean 7,572,776
Coefficient Of Variation 130.17
Mean Deviation 22,269,277
Median 9,913,000
Standard Deviation 28,998,247
Sample Variance840.9T
Range85.5M
R-Value 0.85
Mean Square Error249.8T
R-Squared 0.72
Significance 0.000016
Slope 4,877,690
Total Sum of Squares13454.4T

Progress Software Interest Expense History

202685.6 M
202581.5 M
202470.8 M
202332 M
202230.8 M
202115.8 M
202020 M
201910.2 M
20189.9 M
20175.1 M
20164.6 M
20154.2 M
20143.8 M
2013489 K
20121.2 M

Related Accounts

Last ReportedEnd Of Year Estimate
Interest Expense81.5 M85.6 M
Other Operating Expenses948.2 M995.6 M
Total Operating Expenses732.5 M769.1 M
Total Other Income Expense Net-64.5 M-61.3 M
Income Tax Expense9.8 M16.1 M
Selling And Marketing Expenses242.7 M148.7 M

Methodology, Assumptions & Data Sources

The Interest Expense trend below shows where Progress Software stands now versus the past. Big swings can signal sensitivity to the broader economy.

This section for Progress Software is built from periodic company reporting and market reference feeds, with reporting definitions aligned before display. Professional analyst research is incorporated when coverage is available. Values may update on different source schedules. This section presents reference data and historical patterns only and does not constitute an investment recommendation or advice.

This content is curated and reviewed by:

Rifka Kats - Member of Macroaxis Editorial Board
Last reviewed on March 22nd, 2026