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| Date | Value |
|---|---|
| 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% |