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

Progress Software (PRGS) posted quarterly Gross Profit of $203.9 million for Q1 2026, up 6.34% year-over-year from $191.8 million in Q1 2025, and down 1.07% on a QoQ basis from $206.1 million in Q4 2025.

Progress Software (PRGS) Gross Profit (2009 - 2026) Analysis & Trends

Progress Software (PRGS) has reported Gross Profit for 18 consecutive years, with $203.9 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Profit rose 6.34% year-over-year to $203.9 million; the TTM figure through Feb 2026 stood at $802.4 million (up 21.06% YoY), while the FY2025 annual figure was $790.2 million, up 26.86% from the prior year.
  • Gross Profit came in at $203.9 million for Q1 2026 at Progress Software, down from $206.1 million in the prior quarter.
  • The five-year high for Gross Profit was $206.1 million in Q4 2025, with the low at $121.7 million in Q1 2022.
  • Average Gross Profit over 5 years is $158.4 million, with a median of $144.5 million recorded in 2023.
  • Across the five-year window, Gross Profit slipped 1.02% in 2024 and jumped 35.18% in 2025, its largest moves.
  • Year by year, Gross Profit stood at $133.6 million in 2022, then advanced by 7.27% to $143.3 million in 2023, then increased by 24.5% to $178.4 million in 2024, then climbed by 15.53% to $206.1 million in 2025, then decreased by 1.07% to $203.9 million in 2026.
  • According to Business Quant data, Gross Profit over the past three periods registered $203.9 million, $206.1 million, and $202.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn
10 Progress Software 1.65 Bn 1.54 Bn 203.94 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 203.94 Mn
Feb 28, 2026 203.94 Mn
Nov 30, 2025 206.14 Mn
Nov 30, 2025 206.14 Mn
Aug 31, 2025 202.26 Mn
Aug 31, 2025 202.26 Mn
May 31, 2025 190.07 Mn
May 31, 2025 190.07 Mn
Feb 28, 2025 191.78 Mn
Feb 28, 2025 191.78 Mn
Nov 30, 2024 178.42 Mn
Nov 30, 2024 178.42 Mn
Aug 31, 2024 149.62 Mn
Aug 31, 2024 149.62 Mn
May 31, 2024 143.01 Mn
May 31, 2024 143.01 Mn
Feb 29, 2024 151.88 Mn
Feb 29, 2024 151.88 Mn
Nov 30, 2023 143.31 Mn
Nov 30, 2023 143.31 Mn