Progress Software PRGS
NASDAQ PRGS
$42.21 -1.84 (-4.18%)
As of: Sep 8, 2026 · 3:25 PM EDT

Progress Software (PRGS) Cost of Revenue (2009 - 2026)

Progress Software (PRGS) posted Cost of Revenue of $44.9 million for Q2 2026, up 2.3% on a QoQ basis from $43.9 million in Q1 2026, and down 5.11% year-over-year from $47.3 million in Q2 2025.

Analysis

Progress Software (PRGS) Cost of Revenue (2009 - 2026) Analysis & Trends

Progress Software has reported Cost of Revenue for 18 years, with the latest figure at $44.9 million in Q2 2026.

  • On a quarterly basis, Cost of Revenue fell 5.11% year-over-year to $44.9 million in Q2 2026; TTM through May 2026 was $182.8 million, a 14.88% increase from a year earlier, with the FY2025 full-year figure at $187.6 million, up 43.76% from the prior year.
  • Cost of Revenue was $44.9 million for Q2 2026 at Progress Software, up from $43.9 million in the prior quarter.
  • The five-year high for Cost of Revenue was $47.5 million in Q3 2025, with the low at $23.2 million in Q1 2022.
  • Average Cost of Revenue over 5 years is $34.9 million, with a median of $33.3 million recorded in 2023.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue dropped 11.71% in 2024, then surged 63.56% in 2025.
  • Over 5 years, Cost of Revenue stood at $23.5 million in 2022, then surged by 43.06% to $33.7 million in 2023, then rose by 8.54% to $36.5 million in 2024, then increased by 27.34% to $46.5 million in 2025, then dropped by 3.56% to $44.9 million in 2026.
  • The last three Cost of Revenue figures came in at $44.9 million (Q2 2026), $43.9 million (Q1 2026), and $46.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Unity Software 18.54 Bn 16.19 Bn 434.76 Mn 111.71 Mn
2 JFrog 10.58 Bn 9.76 Bn 127.62 Mn 36.15 Mn
3 Gitlab 7.91 Bn 6.65 Bn 240.62 Mn 45.64 Mn
4 Aurora Mobile 4.05 Bn 4.02 Bn 10.20 Mn 4.72 Mn
5 Progress Software 1.77 Bn 1.67 Bn 208.59 Mn 44.87 Mn
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 44.87 Mn
Feb 28, 2026 43.86 Mn
Nov 30, 2025 46.53 Mn
Aug 31, 2025 47.54 Mn
May 31, 2025 47.29 Mn
Feb 28, 2025 46.23 Mn
Nov 30, 2024 36.54 Mn
Aug 31, 2024 29.06 Mn
May 31, 2024 32.07 Mn
Feb 29, 2024 32.81 Mn
Nov 30, 2023 33.66 Mn
Aug 31, 2023 32.92 Mn
May 31, 2023 33.78 Mn
Feb 28, 2023 26.22 Mn
Nov 30, 2022 23.53 Mn
Aug 31, 2022 23.80 Mn
May 31, 2022 23.96 Mn
Feb 28, 2022 23.21 Mn
Nov 30, 2021 21.08 Mn
Aug 31, 2021 20.07 Mn