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| 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 |