Progress Software (PRGS) EBIT (2009 - 2026)
Progress Software (PRGS) posted EBIT of $45.2 million for fiscal Q2 2026 (quarter ended May 31, 2026), up 17.1% from $38.62 million a year earlier but down 2.7% from the prior quarter.
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Analysis
Progress Software (PRGS) EBIT (2009 - 2026) Analysis & Trends
For the trailing twelve months through May 31, 2026, EBIT at Progress Software was $173.92 million, up 30.9% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $153.29 million, up 23.6% from FY2024.
- Annual EBIT shows a five-year compound annual growth rate of 7.3% (FY2020 to FY2025).
- In prior fiscal years, Progress Software's EBIT was $124 million in FY2024 (+12.2%), $110.52 million in FY2023 (-16.4%), $132.13 million in FY2022 (+13.8%) and $116.1 million in FY2021 (+7.8%).
- Quarterly EBIT has run from a low of $20.36 million in fiscal Q4 2021 to a high of $46.47 million in fiscal Q1 2026 over five years.
- On a year-over-year basis, EBIT has increased in each of the last five quarters, with growth averaging 26.9% over the last eight quarters.
- The strongest year-over-year quarter for EBIT in the past five years was fiscal Q2 2022, with growth of 80.6%; the weakest was fiscal Q2 2023, with a decline of 42.8%.
- According to Business Quant data, EBIT for the three prior fiscal quarters was $46.47 million (Q1 2026), $38.37 million (Q4 2025) and $43.87 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 172.00 Mn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | -33.23 Mn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 689.30 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | -262.97 Mn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 5.46 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 46.78 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 107.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 444.11 Mn |
| 10 | Progress Software | 1.63 Bn | 1.22 Bn | 208.59 Mn | 45.20 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Progress Software EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "ticker": "PRGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();