Progress Software Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $94.8M | $118.1M | $127.0M | $256.3M | $155.4M | $98.0M | $154.3M | $105.1M |
| Accounts Receivable | $195.8M | $163.6M | $125.8M | $97.8M | $99.8M | $84.0M | $72.8M | $59.7M |
| Inventory | — | — | — | $5.0M | $3.6M | $0 | — | — |
| Total Current Assets | $400.0M | $368.8M | $330.8M | $426.1M | $337.8M | $238.9M | $284.7M | $231.5M |
| Property, Plant & Equipment | $13.7M | $13.7M | $15.2M | $14.9M | $14.3M | $29.8M | $29.8M | $30.7M |
| Goodwill | $1.31B | $1.29B | $832.1M | $671.0M | $671.2M | $491.7M | $432.8M | $315.0M |
| Intangible Assets (Excl. Goodwill) | $584.0M | $723.6M | $354.3M | $217.4M | $287.2M | $212.7M | $99.4M | $58.9M |
| Total Assets | $2.46B | $2.53B | $1.60B | $1.41B | $1.36B | $1.04B | $881.3M | $644.2M |
| Liabilities | ||||||||
| Accounts Payable | $15.9M | $13.9M | $12.4M | $9.3M | $9.7M | $10.0M | $10.6M | $10.6M |
| Total Current Liabilities | $809.7M | $455.1M | $352.1M | $318.0M | $322.9M | $262.5M | $240.9M | $186.0M |
| Long-Term Debt | $1.04B | $1.53B | $710.9M | $611.8M | $534.5M | $364.3M | $284.0M | $110.3M |
| Total Liabilities | $1.98B | $2.09B | $1.14B | $1.01B | $951.0M | $695.8M | $551.0M | $320.1M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $127.4M | $120.4M | $120.9M | $101.7M | $90.3M | $72.5M | $64.3M | $85.1M |
| Total Stockholders' Equity | $478.3M | $438.8M | $459.7M | $398.5M | $412.5M | $346.0M | $330.3M | $324.0M |