Progress Software (PRGS) FCF Margin (2009 - 2026)

Progress Software (PRGS) posted quarterly FCF Margin of 38.71% for Q1 2026, up 1028.0% year-over-year from 3.43% in Q1 2025, and up 63.18% on a QoQ basis from 23.72% in Q4 2025.

Progress Software (PRGS) FCF Margin (2009 - 2026) Analysis & Trends

Progress Software (PRGS) has reported FCF Margin for 18 consecutive years, with 38.71% the latest figure, recorded in Q1 2026.

  • In Q1 2026, FCF Margin rose 1028.0% year-over-year to 38.71%; the TTM figure through Feb 2026 stood at 26.1% (up 84.0% YoY), while the FY2025 annual figure was 23.47%, down 391.0% from the prior year.
  • FCF Margin came in at 38.71% for Q1 2026 at Progress Software, up from 23.72% in the prior quarter.
  • The five-year high for FCF Margin was 45.12% in Q2 2022, with the low at 7.8% in Q4 2024.
  • Average FCF Margin over 5 years is 27.47%, with a median of 28.24% recorded in 2023.
  • The largest YoY upside for FCF Margin was 1592 bps in 2025 against a maximum downside of 2340 bps in 2025.
  • Year by year, FCF Margin stood at 23.63% in 2022, then slipped by 26 bps to 17.39% in 2023, then slumped by 55 bps to 7.8% in 2024, then surged by 204 bps to 23.72% in 2025, then jumped by 63 bps to 38.71% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 38.71%, 23.72%, and 28.98% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 19.07%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 72.18%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 54.62%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 14.80%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 30.29%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 55.21%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 14.55%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 34.10%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 15.44%
10 Progress Software 1.65 Bn 1.54 Bn 203.94 Mn 38.71%

Historic Data

Download Data
DateValue
Feb 28, 2026 38.71%
Nov 30, 2025 23.72%
Aug 31, 2025 28.98%
May 31, 2025 12.43%
Feb 28, 2025 28.43%
Nov 30, 2024 7.80%
Aug 31, 2024 31.67%
May 31, 2024 35.83%
Feb 29, 2024 38.01%
Nov 30, 2023 17.39%
Aug 31, 2023 25.62%
May 31, 2023 26.01%
Feb 28, 2023 28.24%
Nov 30, 2022 23.63%
Aug 31, 2022 25.50%
May 31, 2022 45.12%
Feb 28, 2022 29.85%
Nov 30, 2021 29.98%
Aug 31, 2021 23.47%
May 31, 2021 43.87%