Progress Software (PRGS) EBIT (2009 - 2026)

Progress Software (PRGS) posted quarterly EBIT of $46.5 million for Q1 2026, up 43.3% year-over-year from $32.4 million in Q1 2025, and up 21.08% on a QoQ basis from $38.4 million in Q4 2025.

Progress Software (PRGS) EBIT (2009 - 2026) Analysis & Trends

Progress Software (PRGS) has reported EBIT for 18 consecutive years, with $46.5 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBIT rose 43.3% year-over-year to $46.5 million; the TTM figure through Feb 2026 stood at $167.3 million (up 37.81% YoY), while the FY2025 annual figure was $153.3 million, up 23.62% from the prior year.
  • EBIT came in at $46.5 million for Q1 2026 at Progress Software, up from $38.4 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.
  • Average EBIT over 5 years is $33.3 million, with a median of $32.4 million recorded in 2025.
  • Across the five-year window, EBIT jumped 80.57% in 2022 and sank 42.77% in 2023, its largest moves.
  • Year by year, EBIT stood at $30.4 million in 2022, then declined by 25.97% to $22.5 million in 2023, then slipped by 4.6% to $21.5 million in 2024, then jumped by 78.48% to $38.4 million in 2025, then rose by 21.08% to $46.5 million in 2026.
  • According to Business Quant data, EBIT over the past three periods registered $46.5 million, $38.4 million, and $43.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 38.40 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 6.13 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 754.00 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 397.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 13.79 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 580.00 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -61.99 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 203.05 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -171.99 Mn
10 Progress Software 1.65 Bn 1.54 Bn 203.94 Mn 46.47 Mn

Historic Data

Download Data
DateValue
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
May 31, 2021 22.28 Mn