Progress Software (PRGS) Gross Margin (2009 - 2026)
Progress Software (PRGS) posted Gross Margin of 82.3% for Q2 2026, little changed on a QoQ basis from 82.3% in Q1 2026, and up 222.0% year-over-year from 25.56% in Q2 2025.
Analysis
Progress Software (PRGS) Gross Margin (2009 - 2026) Analysis & Trends
Progress Software has reported Gross Margin for 18 years, with the latest figure at 82.3% in Q2 2026.
- On a quarterly basis, Gross Margin rose 222.0% year-over-year to 82.3% in Q2 2026; TTM through May 2026 was 81.79%, a 10.0% increase from a year earlier, with the FY2025 full-year figure at 80.82%, down 186.0% from the prior year.
- Gross Margin was 82.3% for Q2 2026 at Progress Software, 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.
- Average Gross Margin over 5 years is 82.38%, with a median of 82.27% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Gross Margin sank 405 bps in 2023, then jumped 255 bps in 2024.
- Over 5 years, Gross Margin stood at 85.02% in 2022, then fell by 5 bps to 80.98% in 2023, then grew by 2 bps to 83.0% in 2024, then dropped by 2 bps to 81.59% in 2025, then climbed by 1 bps to 82.3% in 2026.
- The last three Gross Margin figures came in at 82.3% (Q2 2026), 82.3% (Q1 2026), and 81.59% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unity Software | 18.69 Bn | 16.34 Bn | 434.76 Mn | 79.56% |
| 2 | JFrog | 10.57 Bn | 9.74 Bn | 127.62 Mn | 77.93% |
| 3 | Gitlab | 7.94 Bn | 6.68 Bn | 240.62 Mn | 84.06% |
| 4 | Aurora Mobile | 4.05 Bn | 4.02 Bn | 10.20 Mn | 68.35% |
| 5 | Progress Software | 1.77 Bn | 1.66 Bn | 208.59 Mn | 82.30% |
Historic Data
Download Data
Historic 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% |