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| Date | Value |
|---|---|
| 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 |