Progress Software (PRGS) EBIT (2009 - 2026)
Progress Software (PRGS) posted quarterly EBIT of $45.2 million for Q2 2026, up 17.06% year-over-year from $38.6 million in Q2 2025, and down 2.72% quarter-over-quarter from $46.5 million in Q1 2026.
Progress Software (PRGS) EBIT (2009 - 2026) Analysis & Trends
Progress Software's EBIT history runs 18 years deep, the most recent figure standing at $45.2 million for Q2 2026.
- In Q2 2026, EBIT rose 17.06% year-over-year to $45.2 million; the TTM figure through May 2026 stood at $173.9 million (up 30.87% YoY), while the FY2025 annual figure was $153.3 million, up 23.62% from the prior year.
- EBIT for Q2 2026 stood at $45.2 million, down from $46.5 million in the prior quarter.
- The five-year high for EBIT was $46.5 million in Q1 2026, with the low at $21.5 million in Q4 2024.
- The 5-year median for EBIT is $33.7 million (2024), against an average of $34.0 million.
- The sharpest annual moves came in 2022 and 2023: EBIT soared 80.57% in 2022, then tumbled 42.77% in 2023.
- Progress Software's EBIT stood at $30.4 million in 2022, then retreated by 25.97% to $22.5 million in 2023, then declined by 4.6% to $21.5 million in 2024, then soared by 78.48% to $38.4 million in 2025, then advanced by 17.79% to $45.2 million in 2026.
- Business Quant data shows PRGS's EBIT at $45.2 million in Q2 2026, $46.5 million in Q1 2026, and $38.4 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 40.60 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 912.00 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 6.13 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -183.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 689.30 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -205.70 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 203.05 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -49.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 446.87 Mn |
| 10 | Progress Software | 1.81 Bn | 1.70 Bn | 208.59 Mn | 45.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 45.20 Mn |
| Feb 28, 2026 | 46.47 Mn |
| Nov 30, 2025 | 38.37 Mn |
| Aug 31, 2025 | 43.87 Mn |
| May 31, 2025 | 38.62 Mn |
| Feb 28, 2025 | 32.43 Mn |
| Nov 30, 2024 | 21.50 Mn |
| Aug 31, 2024 | 40.35 Mn |
| May 31, 2024 | 27.15 Mn |
| Feb 29, 2024 | 35.01 Mn |
| Nov 30, 2023 | 22.54 Mn |
| Aug 31, 2023 | 29.37 Mn |
| May 31, 2023 | 23.03 Mn |
| Feb 28, 2023 | 35.59 Mn |
| Nov 30, 2022 | 30.44 Mn |
| Aug 31, 2022 | 32.02 Mn |
| May 31, 2022 | 40.24 Mn |
| Feb 28, 2022 | 29.43 Mn |
| Nov 30, 2021 | 20.36 Mn |
| Aug 31, 2021 | 46.05 Mn |