Progress Software (PRGS) Gross Profit (2009 - 2026)
Progress Software's Gross Profit came in at $208.59 million for fiscal Q2 2026 (quarter ended May 31, 2026), up 9.7% from $190.07 million a year earlier and up 2.3% from the prior quarter.
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Analysis
Progress Software (PRGS) Gross Profit (2009 - 2026) Analysis & Trends
Over the trailing twelve months to May 31, 2026, Progress Software reported Gross Profit of $820.93 million, up 15.6% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $790.25 million, up 26.9% from FY2024.
- Gross Profit has increased in each of the last seven fiscal years, with a five-year compound annual growth rate of 15.8% (FY2020 to FY2025).
- Going back by fiscal year, Gross Profit was $622.93 million in FY2024 (+9.7%), $567.86 million in FY2023 (+11.9%), $507.52 million in FY2022 (+12.1%) and $452.86 million in FY2021 (+19.2%).
- The fiscal Q2 2026 figure represents the highest quarterly Gross Profit in data going back to fiscal Q3 2009.
- Year-over-year, Gross Profit has increased for eight consecutive quarters, with growth averaging 19.5% over the last eight quarters.
- The fastest year-over-year change in Gross Profit over five years came in fiscal Q3 2025 (growth of 35.2%), and the weakest in fiscal Q2 2024 (a decline of 1.0%).
- Business Quant data shows PRGS's Gross Profit at $203.94 million (Q1 2026), $206.14 million (Q4 2025) and $202.26 million (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn |
| 10 | Progress Software | 1.64 Bn | 1.21 Bn | 203.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 203.54 Mn |
| May 31, 2026 | 208.59 Mn |
| Feb 28, 2026 | 203.94 Mn |
| Nov 30, 2025 | 206.14 Mn |
| Aug 31, 2025 | 202.26 Mn |
| May 31, 2025 | 190.07 Mn |
| Feb 28, 2025 | 191.78 Mn |
| Nov 30, 2024 | 178.42 Mn |
| Aug 31, 2024 | 149.62 Mn |
| May 31, 2024 | 143.01 Mn |
| Feb 29, 2024 | 151.88 Mn |
| Nov 30, 2023 | 143.31 Mn |
| Aug 31, 2023 | 142.07 Mn |
| May 31, 2023 | 144.47 Mn |
| Feb 28, 2023 | 138.01 Mn |
| Nov 30, 2022 | 133.60 Mn |
| Aug 31, 2022 | 127.42 Mn |
| May 31, 2022 | 124.79 Mn |
| Feb 28, 2022 | 121.71 Mn |
| Nov 30, 2021 | 119.05 Mn |
API Access
Progress Software Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "PRGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();