Progress Software (PRGS) Consolidated Net Income (2009 - 2026)
Progress Software (PRGS) posted quarterly Consolidated Net Income of $21.1 million for Q2 2026, up 23.75% year-over-year from $17.0 million in Q2 2025, and down 7.63% quarter-over-quarter from $22.8 million in Q1 2026.
Progress Software (PRGS) Consolidated Net Income (2009 - 2026) Analysis & Trends
Progress Software's Consolidated Net Income history runs 17 years deep, the most recent figure standing at $21.1 million for Q2 2026.
- In Q2 2026, Consolidated Net Income rose 23.75% year-over-year to $21.1 million; the TTM figure through May 2026 stood at $89.0 million (up 54.63% YoY), while the FY2025 annual figure was $73.1 million, up 6.86% from the prior year.
- Consolidated Net Income for Q2 2026 stood at $21.1 million, down from $22.8 million in the prior quarter.
- The five-year high for Consolidated Net Income was $29.1 million in Q2 2022, with the low at $1.1 million in Q4 2024.
- The 5-year median for Consolidated Net Income is $20.8 million (2022), against an average of $19.5 million.
- The sharpest annual moves came in 2024 and 2025: Consolidated Net Income slumped 92.52% in 2024, then jumped 2144.55% in 2025.
- Progress Software's Consolidated Net Income stood at $23.7 million in 2022, then tumbled by 35.32% to $15.3 million in 2023, then plunged by 92.52% to $1.1 million in 2024, then surged by 2144.55% to $25.7 million in 2025, then retreated by 18.15% to $21.1 million in 2026.
- Business Quant data shows PRGS's Consolidated Net Income at $21.1 million in Q2 2026, $22.8 million in Q1 2026, and $25.7 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 33.11 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 1.07 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 5.92 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -177.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 605.20 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -169.98 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 64.72 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -626.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 87.09 Mn |
| 10 | Progress Software | 1.81 Bn | 1.70 Bn | 208.59 Mn | 21.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 21.07 Mn |
| Feb 28, 2026 | 22.81 Mn |
| Nov 30, 2025 | 25.75 Mn |
| Aug 31, 2025 | 19.41 Mn |
| May 31, 2025 | 17.03 Mn |
| Feb 28, 2025 | 10.95 Mn |
| Nov 30, 2024 | 1.15 Mn |
| Aug 31, 2024 | 28.46 Mn |
| May 31, 2024 | 16.19 Mn |
| Feb 29, 2024 | 22.64 Mn |
| Nov 30, 2023 | 15.34 Mn |
| Aug 31, 2023 | 19.10 Mn |
| May 31, 2023 | 12.09 Mn |
| Feb 28, 2023 | 23.67 Mn |
| Nov 30, 2022 | 23.71 Mn |
| Aug 31, 2022 | 21.80 Mn |
| May 31, 2022 | 29.11 Mn |
| Feb 28, 2022 | 20.45 Mn |
| Nov 30, 2021 | 14.93 Mn |
| Aug 31, 2021 | 30.98 Mn |