Progress Software (PRGS) Consolidated Net Income (2009 - 2026)
Progress Software (PRGS) recorded quarterly Consolidated Net Income of $22.8 million in Q1 2026, down 11.39% quarter-over-quarter from $25.7 million in Q4 2025, and up 108.41% on a YoY basis from $10.9 million in Q1 2025.
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 $22.8 million for Q1 2026.
- In Q1 2026, Consolidated Net Income rose 108.41% year-over-year to $22.8 million; the TTM figure through Feb 2026 stood at $85.0 million (up 49.79% YoY), while the FY2025 annual figure was $73.1 million, up 6.86% from the prior year.
- Consolidated Net Income was $22.8 million for Q1 2026 at Progress Software, down from $25.7 million in the prior quarter.
- In the past five years, Consolidated Net Income ranged from a high of $29.1 million in Q2 2022 to a low of $1.1 million in Q4 2024.
- Historically, Consolidated Net Income has averaged $19.4 million across 5 years, with a median of $20.5 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Consolidated Net Income tumbled 92.52% in 2024, then surged 2144.55% in 2025.
- A 5-year view of Consolidated Net Income shows it stood at $23.7 million in 2022, then plunged by 35.32% to $15.3 million in 2023, then sank by 92.52% to $1.1 million in 2024, then soared by 2144.55% to $25.7 million in 2025, then declined by 11.39% to $22.8 million in 2026.
- The last three Consolidated Net Income figures came in at $22.8 million (Q1 2026), $25.7 million (Q4 2025), and $19.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 31.78 Bn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 593,000.00 |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 3.72 Bn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 876.40 Mn |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 432.00 Mn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 61.44 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 534.60 Mn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 64.72 Mn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | -22.90 Mn |
| 10 | Progress Software | 1.33 Bn | 1.21 Bn | 203.94 Mn | 22.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| May 31, 2021 | 13.56 Mn |