Progress Software (PRGS) Market Capitalization (2009 - 2026)
Progress Software (PRGS) posted Market Capitalization of $1.4 billion for Q2 2026, down 23.03% on a QoQ basis from $1.8 billion in Q1 2026, and down 48.88% year-over-year from $2.7 billion in Q2 2025.
Analysis
Progress Software (PRGS) Market Capitalization (2009 - 2026) Analysis & Trends
Progress Software has reported Market Capitalization for 18 years, with the latest figure at $1.4 billion in Q2 2026.
- On a quarterly basis, Market Capitalization fell 48.88% year-over-year to $1.4 billion in Q2 2026; TTM through May 2026 was $1.4 billion, a 48.88% decrease from a year earlier, with the FY2025 full-year figure at $1.8 billion, down 40.9% from the prior year.
- Market Capitalization was $1.4 billion for Q2 2026 at Progress Software, down from $1.8 billion in the prior quarter.
- The five-year high for Market Capitalization was $3.0 billion in Q4 2024, with the low at $1.4 billion in Q2 2026.
- Average Market Capitalization over 5 years is $2.2 billion, with a median of $2.3 billion recorded in 2022.
- The sharpest annual moves came in 2023 and 2026: Market Capitalization grew 28.94% in 2023, then sank 48.88% in 2026.
- Over 5 years, Market Capitalization stood at $2.3 billion in 2022, then increased by 2.27% to $2.4 billion in 2023, then rose by 25.75% to $3.0 billion in 2024, then tumbled by 40.9% to $1.8 billion in 2025, then slipped by 22.64% to $1.4 billion in 2026.
- The last three Market Capitalization figures came in at $1.4 billion (Q2 2026), $1.8 billion (Q1 2026), and $1.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unity Software | 18.33 Bn | 16.24 Bn | 434.76 Mn |
| 2 | JFrog | 10.78 Bn | 9.95 Bn | 127.62 Mn |
| 3 | Gitlab | 8.28 Bn | 7.07 Bn | 240.62 Mn |
| 4 | Aurora Mobile | 4.87 Bn | 4.85 Bn | 10.20 Mn |
| 5 | Progress Software | 1.82 Bn | 1.72 Bn | 208.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.36 Bn |
| Feb 28, 2026 | 1.76 Bn |
| Nov 30, 2025 | 1.75 Bn |
| Aug 31, 2025 | 1.99 Bn |
| May 31, 2025 | 2.65 Bn |
| Feb 28, 2025 | 2.35 Bn |
| Nov 30, 2024 | 2.97 Bn |
| Aug 31, 2024 | 2.49 Bn |
| May 31, 2024 | 2.18 Bn |
| Feb 29, 2024 | 2.33 Bn |
| Nov 30, 2023 | 2.36 Bn |
| Aug 31, 2023 | 2.65 Bn |
| May 31, 2023 | 2.60 Bn |
| Feb 28, 2023 | 2.49 Bn |
| Nov 30, 2022 | 2.31 Bn |
| Aug 31, 2022 | 2.07 Bn |
| May 31, 2022 | 2.10 Bn |
| Feb 28, 2022 | 1.93 Bn |
| Nov 30, 2021 | 2.14 Bn |
| Aug 31, 2021 | 2.04 Bn |