Progress Software (PRGS) EBITDA (2009 - 2026)
Progress Software's EBITDA came in at $82.07 million for fiscal Q2 2026 (quarter ended May 31, 2026), up 6.4% from $77.17 million a year earlier but down 0.3% from the prior quarter.
Progress Software (PRGS) EBITDA (2009 - 2026) Analysis & Trends
Over the trailing twelve months to May 31, 2026, Progress Software reported EBITDA of $321.62 million, up 24.1% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $305.01 million, up 34.3% from FY2024.
- EBITDA has increased in each of the last six fiscal years, with a five-year compound annual growth rate of 16.4% (FY2020 to FY2025).
- Going back by fiscal year, EBITDA was $227.05 million in FY2024 (+6.3%), $213.67 million in FY2023 (+3.3%), $206.86 million in FY2022 (+22.3%) and $169.09 million in FY2021 (+18.7%).
- The five-year range for quarterly EBITDA is $35.21 million (fiscal Q4 2021) to $82.96 million (fiscal Q3 2025).
- Year-over-year, EBITDA has increased for six consecutive quarters, with growth averaging 21.7% over the last eight quarters.
- The fastest year-over-year change in EBITDA over five years came in fiscal Q2 2022 (growth of 66.8%), and the weakest in fiscal Q2 2023 (a decline of 15.6%).
- Business Quant data shows PRGS's EBITDA at $82.33 million (Q1 2026), $74.26 million (Q4 2025) and $82.96 million (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 693.00 Mn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 170.34 Mn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 827.40 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | -134.60 Mn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 47.04 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 79.24 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 166.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | - |
| 10 | Progress Software | 1.63 Bn | 1.22 Bn | 208.59 Mn | 82.07 Mn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 82.07 Mn |
| Feb 28, 2026 | 82.33 Mn |
| Nov 30, 2025 | 74.26 Mn |
| Aug 31, 2025 | 82.96 Mn |
| May 31, 2025 | 77.17 Mn |
| Feb 28, 2025 | 70.63 Mn |
| Nov 30, 2024 | 48.90 Mn |
| Aug 31, 2024 | 62.45 Mn |
| May 31, 2024 | 53.69 Mn |
| Feb 29, 2024 | 62.00 Mn |
| Nov 30, 2023 | 49.87 Mn |
| Aug 31, 2023 | 56.71 Mn |
| May 31, 2023 | 49.89 Mn |
| Feb 28, 2023 | 57.20 Mn |
| Nov 30, 2022 | 48.95 Mn |
| Aug 31, 2022 | 50.71 Mn |
| May 31, 2022 | 59.09 Mn |
| Feb 28, 2022 | 48.13 Mn |
| Nov 30, 2021 | 35.21 Mn |
| Aug 31, 2021 | 59.17 Mn |
Progress Software EBITDA 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=ebitda&ticker=PRGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();