Progress Software (PRGS) EBIT (2009 - 2026)
Progress Software (PRGS) posted EBIT of $45.2 million for Q2 2026, down 2.72% on a QoQ basis from $46.5 million in Q1 2026, and up 17.06% year-over-year from $38.6 million in Q2 2025.
Analysis
Progress Software (PRGS) EBIT (2009 - 2026) Analysis & Trends
Progress Software has reported EBIT for 18 years, with the latest figure at $45.2 million in Q2 2026.
- On a quarterly basis, EBIT rose 17.06% year-over-year to $45.2 million in Q2 2026; TTM through May 2026 was $173.9 million, a 30.87% increase from a year earlier, with the FY2025 full-year figure at $153.3 million, up 23.62% from the prior year.
- EBIT was $45.2 million for Q2 2026 at Progress Software, 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.
- Average EBIT over 5 years is $34.0 million, with a median of $33.7 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: EBIT surged 80.57% in 2022, then tumbled 42.77% in 2023.
- Over 5 years, EBIT stood at $30.4 million in 2022, then slipped by 25.97% to $22.5 million in 2023, then retreated by 4.6% to $21.5 million in 2024, then surged by 78.48% to $38.4 million in 2025, then grew by 17.79% to $45.2 million in 2026.
- The last three EBIT figures came in at $45.2 million (Q2 2026), $46.5 million (Q1 2026), and $38.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Unity Software | 18.69 Bn | 16.34 Bn | 434.76 Mn | -32.22 Mn |
| 2 | JFrog | 10.57 Bn | 9.74 Bn | 127.62 Mn | -13.25 Mn |
| 3 | Gitlab | 7.94 Bn | 6.68 Bn | 240.62 Mn | -56.94 Mn |
| 4 | Aurora Mobile | 4.05 Bn | 4.02 Bn | 10.20 Mn | 237,619.80 |
| 5 | Progress Software | 1.77 Bn | 1.66 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 |