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

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

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

Progress Software (PRGS) has reported Current Leases for 7 consecutive years, with $8.8 million the latest figure, recorded in 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 came in at $8.8 million for Q1 2026 at Progress Software, up from $8.5 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.
  • Average Current Leases over 5 years is $8.9 million, with a median of $8.9 million recorded in 2024.
  • Across the five-year window, Current Leases jumped 35.54% in 2023 and decreased 12.67% in 2025, its largest moves.
  • Year by year, Current Leases stood at $7.5 million in 2022, then soared by 35.38% to $10.1 million in 2023, then declined by 9.02% to $9.2 million in 2024, then fell by 7.74% to $8.5 million in 2025, then climbed by 3.78% to $8.8 million in 2026.
  • According to Business Quant data, Current Leases over the past three periods registered $8.8 million, $8.5 million, and $8.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn -
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn -
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 18.23 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn -
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 74.60 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 133.10 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -
10 Progress Software 1.65 Bn 1.54 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