Progress Software (PRGS) Current Leases (2020 - 2026)
Progress Software (PRGS) posted quarterly Current Leases of $8.1 million for Q2 2026, down 1.28% year-over-year from $8.2 million in Q2 2025, and down 7.57% quarter-over-quarter from $8.8 million in Q1 2026.
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 $8.1 million for Q2 2026.
- In Q2 2026, Current Leases fell 1.28% year-over-year to $8.1 million; the TTM figure through May 2026 stood at $8.1 million (down 1.28% YoY), while the FY2025 annual figure was $8.5 million, down 7.74% from the prior year.
- Current Leases for Q2 2026 stood at $8.1 million, down from $8.8 million in the prior quarter.
- The five-year high for Current Leases was $10.1 million in Q4 2023, with the low at $7.4 million in Q3 2022.
- The 5-year median for Current Leases is $8.8 million (2024), against an average of $8.8 million.
- The sharpest annual moves came in 2023 and 2025: Current Leases soared 35.54% in 2023, then dropped 12.67% in 2025.
- Progress Software's Current Leases stood at $7.5 million in 2022, then surged by 35.38% to $10.1 million in 2023, then retreated by 9.02% to $9.2 million in 2024, then decreased by 7.74% to $8.5 million in 2025, then declined by 4.08% to $8.1 million in 2026.
- Business Quant data shows PRGS's Current Leases at $8.1 million in Q2 2026, $8.8 million in Q1 2026, and $8.5 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | - |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | - |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | - |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 78.24 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 133.10 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 584.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | - |
| 10 | Progress Software | 1.81 Bn | 1.70 Bn | 208.59 Mn | 8.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 8.14 Mn |
| 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 |