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

Progress Software (PRGS) has reported Cost of Revenue for 18 consecutive years, with $52.0 million the latest figure, recorded in 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 came in at $52.0 million for Q1 2026 at Progress Software, down from $70.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $70.0 million in Q4 2025, with the low at -$6.3 million in Q4 2022.
• Average Cost of Revenue over 5 years is $37.3 million, with a median of $37.1 million recorded in 2024.
• Across the five-year window, Cost of Revenue slipped 19.98% in 2022 and soared 636.72% in 2023, its largest moves.
• Year by year, Cost of Revenue stood at -$6.3 million in 2022, then jumped by 636.72% to $33.7 million in 2023, then advanced by 8.54% to $36.5 million in 2024, then surged by 91.47% to $70.0 million in 2025, then fell by 25.67% to $52.0 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $52.0 million, $70.0 million, and $51.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.