Progress Software PRGS
NASDAQ PRGS
$42.17 -1.88 (-4.26%)
As of: Sep 8, 2026 · 3:59 PM EDT

Progress Software (PRGS) Net Income (2009 - 2026)

Progress Software (PRGS) posted Net Income of $21.1 million for Q2 2026, down 7.63% on a QoQ basis from $22.8 million in Q1 2026, and up 23.75% year-over-year from $17.0 million in Q2 2025.

Analysis

Progress Software (PRGS) Net Income (2009 - 2026) Analysis & Trends

Progress Software has reported Net Income for 18 years, with the latest figure at $21.1 million in Q2 2026.

  • On a quarterly basis, Net Income rose 23.75% year-over-year to $21.1 million in Q2 2026; TTM through May 2026 was $89.0 million, a 54.63% increase from a year earlier, with the FY2025 full-year figure at $73.1 million, up 6.86% from the prior year.
  • Net Income was $21.1 million for Q2 2026 at Progress Software, down from $22.8 million in the prior quarter.
  • The five-year high for Net Income was $29.1 million in Q2 2022, with the low at $1.1 million in Q4 2024.
  • Average Net Income over 5 years is $19.5 million, with a median of $20.8 million recorded in 2022.
  • The sharpest annual moves came in 2024 and 2025: Net Income slumped 92.52% in 2024, then soared 2144.55% in 2025.
  • Over 5 years, Net Income stood at $23.7 million in 2022, then tumbled by 35.32% to $15.3 million in 2023, then plunged by 92.52% to $1.1 million in 2024, then jumped by 2144.55% to $25.7 million in 2025, then slipped by 18.15% to $21.1 million in 2026.
  • The last three Net Income figures came in at $21.1 million (Q2 2026), $22.8 million (Q1 2026), and $25.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Unity Software 18.69 Bn 16.34 Bn 434.76 Mn -22.67 Mn
2 JFrog 10.57 Bn 9.74 Bn 127.62 Mn -4.17 Mn
3 Gitlab 7.94 Bn 6.68 Bn 240.62 Mn -36.13 Mn
4 Aurora Mobile 4.05 Bn 4.02 Bn 10.20 Mn 334,253.81
5 Progress Software 1.77 Bn 1.66 Bn 208.59 Mn 21.07 Mn
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 21.07 Mn
Feb 28, 2026 22.81 Mn
Nov 30, 2025 25.75 Mn
Aug 31, 2025 19.41 Mn
May 31, 2025 17.03 Mn
Feb 28, 2025 10.95 Mn
Nov 30, 2024 1.15 Mn
Aug 31, 2024 28.46 Mn
May 31, 2024 16.19 Mn
Feb 29, 2024 22.64 Mn
Nov 30, 2023 15.34 Mn
Aug 31, 2023 19.10 Mn
May 31, 2023 12.09 Mn
Feb 28, 2023 23.67 Mn
Nov 30, 2022 23.71 Mn
Aug 31, 2022 21.80 Mn
May 31, 2022 29.11 Mn
Feb 28, 2022 20.45 Mn
Nov 30, 2021 14.93 Mn
Aug 31, 2021 30.98 Mn