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| 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 |