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

Progress Software's (PRGS) quarterly Net Income came in at $21.1 million in Q2 2026, up 23.75% year-on-year from $17.0 million in Q2 2025, and down 7.63% quarter-over-quarter from $22.8 million in Q1 2026.

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

Progress Software's Net Income history runs 17 years deep, the most recent figure standing at $21.1 million for 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 declined to $21.1 million in Q2 2026 per PRGS's latest filing, from $22.8 million in the prior quarter.
  • Across five years, Net Income topped out at $29.1 million in Q2 2022 and bottomed at $1.1 million in Q4 2024.
  • The 5-year median for Net Income is $20.8 million (2022), against an average of $19.5 million.
  • Across the five-year window, Net Income tumbled 92.52% in 2024 and jumped 2144.55% in 2025, its largest moves.
  • Year by year, Net Income stood at $23.7 million in 2022, then slumped by 35.32% to $15.3 million in 2023, then tumbled by 92.52% to $1.1 million in 2024, then soared by 2144.55% to $25.7 million in 2025, then decreased by 18.15% to $21.1 million in 2026.
  • Per Business Quant, the three latest PRGS Net Income figures stand at $21.1 million (Q2 2026), $22.8 million (Q1 2026), and $25.7 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Microsoft 2,899.00 Bn 2,774.56 Bn 56.06 Bn 31.78 Bn
2 PagSeguro Digital 2,665.77 Bn 2,665.77 Bn 358.92 Mn 132.24 Mn
3 Repay Holdings 345.18 Bn 345.04 Bn - -
4 Oracle 341.28 Bn 309.39 Bn - 5.92 Bn
5 Palantir Technologies 297.37 Bn 289.35 Bn 1.42 Bn 876.40 Mn
6 Palo Alto Networks 221.30 Bn 216.77 Bn 1.91 Bn 432.00 Mn
7 CrowdStrike Holdings 181.55 Bn 178.45 Bn 993.68 Mn 61.44 Mn
8 Fortinet 108.85 Bn 105.56 Bn 1.49 Bn 534.60 Mn
9 Cloudflare 94.95 Bn 94.00 Bn 455.60 Mn -22.90 Mn
10 Progress Software 1.73 Bn 1.62 Bn 208.59 Mn 21.07 Mn

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