Progress Software (PRGS) Consolidated Net Income (2009 - 2026)

Progress Software (PRGS) posted quarterly Consolidated Net Income of $22.8 million for Q1 2026, up 108.41% year-over-year from $10.9 million in Q1 2025, and down 11.39% on a QoQ basis from $25.7 million in Q4 2025.

Progress Software (PRGS) Consolidated Net Income (2009 - 2026) Analysis & Trends

Progress Software (PRGS) has reported Consolidated Net Income for 17 consecutive years, with $22.8 million the latest figure, recorded in 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 came in at $22.8 million for Q1 2026 at Progress Software, down from $25.7 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.
  • Average Consolidated Net Income over 5 years is $19.4 million, with a median of $20.5 million recorded in 2022.
  • Across the five-year window, Consolidated Net Income plunged 92.52% in 2024 and surged 2144.55% in 2025, its largest moves.
  • Year by year, Consolidated Net Income stood at $23.7 million in 2022, then sank by 35.32% to $15.3 million in 2023, then slumped by 92.52% to $1.1 million in 2024, then soared by 2144.55% to $25.7 million in 2025, then decreased by 11.39% to $22.8 million in 2026.
  • According to Business Quant data, Consolidated Net Income over the past three periods registered $22.8 million, $25.7 million, and $19.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 31.78 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 4.30 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 876.40 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 432.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 61.44 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 534.60 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -22.90 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 64.72 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -308.60 Mn
10 Progress Software 1.65 Bn 1.54 Bn 203.94 Mn 22.81 Mn

Historic Data

Download Data
DateValue
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