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| 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% |