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

Progress Software's (PRGS) quarterly Gross Margin came in at 82.3% in Q2 2026, up 222.0% year-on-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.

  • 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 little changed at 82.3% in Q2 2026 per PRGS's latest filing, from 82.3% in the prior quarter.
  • Across five years, Gross Margin topped out at 85.02% in Q4 2022 and bottomed at 80.08% in Q2 2025.
  • The 5-year median for Gross Margin is 82.27% (2024), against an average of 82.38%.
  • Across the five-year window, Gross Margin slumped 405 bps in 2023 and surged 255 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 85.02% in 2022, then declined by 5 bps to 80.98% in 2023, then climbed by 2 bps to 83.0% in 2024, then slipped by 2 bps to 81.59% in 2025, then advanced by 1 bps to 82.3% in 2026.
  • Per Business Quant, the three latest PRGS Gross Margin figures stand at 82.3% (Q2 2026), 82.3% (Q1 2026), and 81.59% (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 67.63%
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 37.74%
3 Oracle 344.13 Bn 312.24 Bn - -
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 86.78%
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 73.59%
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 76.12%
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 80.29%
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 71.21%
10 Progress Software 1.68 Bn 1.58 Bn 208.59 Mn 82.30%

Historic Data

Download Data
DateValue
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%