Progress Software (PRGS) FCF Margin (2009 - 2026)
Progress Software (PRGS) recorded quarterly FCF Margin of 38.71% in Q1 2026, up 63.18% quarter-over-quarter from 23.72% in Q4 2025, and up 1028.0% on a YoY basis from 3.43% in Q1 2025.
Progress Software (PRGS) FCF Margin (2009 - 2026) Analysis & Trends
Progress Software's FCF Margin history runs 18 years deep, the most recent figure standing at 38.71% for 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 was 38.71% for Q1 2026 at Progress Software, up from 23.72% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 45.12% in Q2 2022 to a low of 7.8% in Q4 2024.
- Historically, FCF Margin has averaged 27.47% across 5 years, with a median of 28.24% in 2023.
- Biggest YoY gain for FCF Margin was 1592 bps in 2025; the steepest drop was 2340 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 23.63% in 2022, then fell by 26 bps to 17.39% in 2023, then sank 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.
- The last three FCF Margin figures came in at 38.71% (Q1 2026), 23.72% (Q4 2025), and 28.98% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 19.07% |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | - |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 55.23% |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 54.62% |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 14.80% |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 30.29% |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 55.21% |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 34.10% |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 14.55% |
| 10 | Progress Software | 1.33 Bn | 1.21 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% |