Growth Metrics

Progress Software (PRGS) Cost of Revenue (2016 - 2026)

Progress Software's Cost of Revenue history spans 18 years, with the latest figure at $52.0 million for Q1 2026.

  • For Q1 2026, Cost of Revenue rose 12.47% year-over-year to $52.0 million; the TTM value through Feb 2026 reached $223.5 million, up 41.62%, while the annual FY2025 figure was $211.0 million, 61.72% up from the prior year.
  • Cost of Revenue reached $52.0 million in Q1 2026 per PRGS's latest filing, down from $70.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $70.0 million in Q4 2025 to a low of -$6.3 million in Q4 2022.
  • Average Cost of Revenue over 5 years is $37.3 million, with a median of $37.1 million recorded in 2024.
  • Peak YoY movement for Cost of Revenue: dropped 19.98% in 2022, then skyrocketed 636.72% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at -$6.3 million in 2022, then surged by 636.72% to $33.7 million in 2023, then rose by 8.54% to $36.5 million in 2024, then soared by 91.47% to $70.0 million in 2025, then dropped by 25.67% to $52.0 million in 2026.
  • Per Business Quant, the three most recent readings for PRGS's Cost of Revenue are $52.0 million (Q1 2026), $70.0 million (Q4 2025), and $51.8 million (Q3 2025).