Progress Software PRGS
NASDAQ PRGS
$42.17 -1.88 (-4.26%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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