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

Progress Software's Cost of Revenue history runs 18 years deep, the most recent figure standing at $52.0 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 12.47% year-over-year to $52.0 million; the TTM figure through Feb 2026 stood at $223.5 million (up 41.62% YoY), while the FY2025 annual figure was $211.0 million, up 61.72% from the prior year.
• Cost of Revenue was $52.0 million for Q1 2026 at Progress Software, 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.
• Historically, Cost of Revenue has averaged $37.3 million across 5 years, with a median of $37.1 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue fell 19.98% in 2022, then soared 636.72% in 2023.
• A 5-year view of Cost of Revenue shows it stood at -$6.3 million in 2022, then jumped by 636.72% to $33.7 million in 2023, then increased by 8.54% to $36.5 million in 2024, then surged by 91.47% to $70.0 million in 2025, then slipped by 25.67% to $52.0 million in 2026.
• The last three Cost of Revenue figures came in at $52.0 million (Q1 2026), $70.0 million (Q4 2025), and $51.8 million (Q3 2025), per Business Quant data.