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

Progress Software's (PRGS) quarterly Cost of Revenue came in at $44.9 million in Q2 2026, down 5.11% year-on-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.

  • 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 climbed to $44.9 million in Q2 2026 per PRGS's latest filing, from $43.9 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $47.5 million in Q3 2025 and bottomed 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.
  • Across the five-year window, Cost of Revenue declined 11.71% in 2024 and soared 63.56% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $23.5 million in 2022, then jumped by 43.06% to $33.7 million in 2023, then increased by 8.54% to $36.5 million in 2024, then grew by 27.34% to $46.5 million in 2025, then slipped by 3.56% to $44.9 million in 2026.
  • Per Business Quant, the three latest PRGS Cost of Revenue figures stand at $44.9 million (Q2 2026), $43.9 million (Q1 2026), and $46.5 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 26.83 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 71.28 Mn
3 Oracle 344.13 Bn 312.24 Bn - -
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 215.80 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 685.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 311.70 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 364.50 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 184.16 Mn
10 Progress Software 1.68 Bn 1.58 Bn 208.59 Mn 44.87 Mn

Historic Data

Download Data
DateValue
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