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

Progress Software (PRGS) has reported Gross Margin for 18 consecutive years, with 82.3% the latest figure, recorded in 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 came in at 82.3% for Q1 2026 at Progress Software, up from 81.59% 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 82.39%, with a median of 82.24% recorded in 2024.
• Across the five-year window, Gross Margin tumbled 405 bps in 2023 and soared 255 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 85.02% in 2022, then decreased by 5 bps to 80.98% in 2023, then rose by 2 bps to 83.0% in 2024, then fell by 2 bps to 81.59% in 2025, then rose by 1 bps to 82.3% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 82.3%, 81.59%, and 80.97% for Q1 2026, Q4 2025, and Q3 2025 respectively.