Progress Software (PRGS) Cost of Revenue (2009 - 2026)
Progress Software (PRGS) posted quarterly Cost of Revenue of $44.9 million for Q2 2026, down 5.11% year-over-year from $47.3 million in Q2 2025, and up 2.3% quarter-over-quarter from $43.9 million in Q1 2026.
Progress Software (PRGS) Cost of Revenue (2009 - 2026) Analysis & Trends
Progress Software's Cost of Revenue history runs 18 years deep, the most recent figure standing at $44.9 million for Q2 2026.
- In Q2 2026, Cost of Revenue fell 5.11% year-over-year to $44.9 million; the TTM figure through May 2026 stood at $182.8 million (up 14.88% YoY), while the FY2025 annual figure was $187.6 million, up 43.76% from the prior year.
- Cost of Revenue for Q2 2026 stood at $44.9 million, 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.
- The 5-year median for Cost of Revenue is $33.3 million (2023), against an average of $34.9 million.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue decreased 11.71% in 2024, then soared 63.56% in 2025.
- Progress Software's Cost of Revenue stood at $23.5 million in 2022, then soared by 43.06% to $33.7 million in 2023, then grew by 8.54% to $36.5 million in 2024, then climbed by 27.34% to $46.5 million in 2025, then decreased by 3.56% to $44.9 million in 2026.
- Business Quant data shows PRGS's Cost of Revenue at $44.9 million in Q2 2026, $43.9 million in Q1 2026, and $46.5 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 296.87 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 974.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 404.70 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 196.54 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 637.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 879.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 3.45 Bn |
| 10 | Progress Software | 1.81 Bn | 1.70 Bn | 208.59 Mn | 44.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 44.87 Mn |
| May 31, 2026 | 44.87 Mn |
| Feb 28, 2026 | 43.86 Mn |
| Feb 28, 2026 | 43.86 Mn |
| Nov 30, 2025 | 46.53 Mn |
| Nov 30, 2025 | 46.53 Mn |
| Aug 31, 2025 | 47.54 Mn |
| Aug 31, 2025 | 47.54 Mn |
| May 31, 2025 | 47.29 Mn |
| May 31, 2025 | 47.29 Mn |
| Feb 28, 2025 | 46.23 Mn |
| Feb 28, 2025 | 46.23 Mn |
| Nov 30, 2024 | 36.54 Mn |
| Nov 30, 2024 | 36.54 Mn |
| Aug 31, 2024 | 29.06 Mn |
| Aug 31, 2024 | 29.06 Mn |
| May 31, 2024 | 32.07 Mn |
| May 31, 2024 | 32.07 Mn |
| Feb 29, 2024 | 32.81 Mn |
| Feb 29, 2024 | 32.81 Mn |