Progress Software (PRGS) Current Leases (2020 - 2026)

Progress Software (PRGS) recorded quarterly Current Leases of $8.8 million in Q1 2026, up 3.78% quarter-over-quarter from $8.5 million in Q4 2025, and down 1.83% on a YoY basis from $9.0 million in Q1 2025.

Progress Software (PRGS) Current Leases (2020 - 2026) Analysis & Trends

Progress Software's Current Leases history runs 7 years deep, the most recent figure standing at $8.8 million for Q1 2026.

  • In Q1 2026, Current Leases fell 1.83% year-over-year to $8.8 million; the TTM figure through Feb 2026 stood at $8.8 million (down 1.83% YoY), while the FY2025 annual figure was $8.5 million, down 7.74% from the prior year.
  • Current Leases was $8.8 million for Q1 2026 at Progress Software, up from $8.5 million in the prior quarter.
  • In the past five years, Current Leases ranged from a high of $10.1 million in Q4 2023 to a low of $7.4 million in Q3 2022.
  • Historically, Current Leases has averaged $8.9 million across 5 years, with a median of $8.9 million in 2024.
  • The sharpest annual moves came in 2023 and 2025: Current Leases jumped 35.54% in 2023, then declined 12.67% in 2025.
  • A 5-year view of Current Leases shows it stood at $7.5 million in 2022, then soared by 35.38% to $10.1 million in 2023, then decreased by 9.02% to $9.2 million in 2024, then slipped by 7.74% to $8.5 million in 2025, then rose by 3.78% to $8.8 million in 2026.
  • The last three Current Leases figures came in at $8.8 million (Q1 2026), $8.5 million (Q4 2025), and $8.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn -
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn 786.00 Mn
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn -
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn -
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn -
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 18.23 Mn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn -
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 133.10 Mn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn 74.60 Mn
10 Progress Software 1.33 Bn 1.21 Bn 203.94 Mn 8.81 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 8.81 Mn
Nov 30, 2025 8.49 Mn
Aug 31, 2025 8.79 Mn
May 31, 2025 8.25 Mn
Feb 28, 2025 8.98 Mn
Nov 30, 2024 9.20 Mn
Aug 31, 2024 8.87 Mn
May 31, 2024 9.45 Mn
Feb 29, 2024 9.82 Mn
Nov 30, 2023 10.11 Mn
Aug 31, 2023 10.09 Mn
May 31, 2023 10.09 Mn
Feb 28, 2023 9.32 Mn
Nov 30, 2022 7.47 Mn
Aug 31, 2022 7.44 Mn
May 31, 2022 7.84 Mn
Feb 28, 2022 8.08 Mn
Nov 30, 2021 7.93 Mn
Aug 31, 2021 7.27 Mn
May 31, 2021 7.36 Mn