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

Progress Software's Gross Margin history runs 18 years deep, the most recent figure standing at 82.3% for Q1 2026.

• In Q1 2026, Gross Margin rose 172.0% year-over-year to 82.3%; the TTM figure through Feb 2026 stood at 81.25% (down 92.0% YoY), while the FY2025 annual figure was 80.82%, down 186.0% from the prior year.
• Gross Margin was 82.3% for Q1 2026 at Progress Software, up from 81.59% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 85.02% in Q4 2022 to a low of 80.08% in Q2 2025.
• Historically, Gross Margin has averaged 82.39% across 5 years, with a median of 82.24% in 2024.
• The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 405 bps in 2023, then soared 255 bps in 2024.
• A 5-year view of Gross Margin shows it 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 climbed by 1 bps to 82.3% in 2026.
• The last three Gross Margin figures came in at 82.3% (Q1 2026), 81.59% (Q4 2025), and 80.97% (Q3 2025), per Business Quant data.