Progress Software (PRGS) Gross Margin (2009 - 2026)
Progress Software (PRGS) posted quarterly Gross Margin of 82.3% for Q2 2026, up 222.0% year-over-year from 25.56% in Q2 2025, and little changed quarter-over-quarter from 82.3% in Q1 2026.
Progress Software (PRGS) Gross Margin (2009 - 2026) Analysis & Trends
Progress Software's Gross Margin history runs 18 years deep, the most recent figure standing at 82.3% for Q2 2026.
- In Q2 2026, Gross Margin rose 222.0% year-over-year to 82.3%; the TTM figure through May 2026 stood at 81.79% (up 10.0% YoY), while the FY2025 annual figure was 80.82%, down 186.0% from the prior year.
- Gross Margin for Q2 2026 stood at 82.3%, roughly flat from 82.3% in the prior quarter.
- The five-year high for Gross Margin was 85.02% in Q4 2022, with the low at 80.08% in Q2 2025.
- The 5-year median for Gross Margin is 82.27% (2024), against an average of 82.38%.
- The sharpest annual moves came in 2023 and 2024: Gross Margin sank 405 bps in 2023, then surged 255 bps in 2024.
- Progress Software's Gross Margin stood at 85.02% in 2022, then dropped by 5 bps to 80.98% in 2023, then advanced by 2 bps to 83.0% in 2024, then decreased by 2 bps to 81.59% in 2025, then gained by 1 bps to 82.3% in 2026.
- Business Quant data shows PRGS's Gross Margin at 82.3% in Q2 2026, 82.3% in Q1 2026, and 81.59% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 67.20% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 84.66% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 47.84% |
| 10 | Progress Software | 1.81 Bn | 1.70 Bn | 208.59 Mn | 82.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 82.30% |
| Feb 28, 2026 | 82.30% |
| Nov 30, 2025 | 81.59% |
| Aug 31, 2025 | 80.97% |
| May 31, 2025 | 80.08% |
| Feb 28, 2025 | 80.58% |
| Nov 30, 2024 | 83.00% |
| Aug 31, 2024 | 83.73% |
| May 31, 2024 | 81.68% |
| Feb 29, 2024 | 82.24% |
| Nov 30, 2023 | 80.98% |
| Aug 31, 2023 | 81.19% |
| May 31, 2023 | 81.05% |
| Feb 28, 2023 | 84.04% |
| Nov 30, 2022 | 85.02% |
| Aug 31, 2022 | 84.26% |
| May 31, 2022 | 83.89% |
| Feb 28, 2022 | 83.98% |
| Nov 30, 2021 | 84.96% |
| Aug 31, 2021 | 86.39% |