Progress Software PRGS
NASDAQ PRGS
$42.17 -1.88 (-4.26%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

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%