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.

  • Quarterly Cost of Revenue rose 12.47% to $52.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $223.5 million through Feb 2026, up 41.62% year-over-year, with the annual reading at $211.0 million for FY2025, 61.72% up from the prior year.
  • Cost of Revenue came in at $52.0 million for Q1 2026, 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.
  • The 5-year median for Cost of Revenue is $37.1 million (2024), against an average of $37.3 million.
  • Year-over-year, Cost of Revenue decreased 19.98% in 2022 and then surged 636.72% in 2023.
  • Progress Software's Cost of Revenue stood at -$6.3 million in 2022, then soared by 636.72% to $33.7 million in 2023, then grew by 8.54% to $36.5 million in 2024, then skyrocketed by 91.47% to $70.0 million in 2025, then decreased 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).