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

Progress Software (PRGS) recorded quarterly Net Income of $22.8 million in Q1 2026, down 11.39% quarter-over-quarter from $25.7 million in Q4 2025, and up 108.41% on a YoY basis from $10.9 million in Q1 2025.

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 $22.8 million for Q1 2026.

  • In Q1 2026, Net Income rose 108.41% year-over-year to $22.8 million; the TTM figure through Feb 2026 stood at $85.0 million (up 49.79% YoY), while the FY2025 annual figure was $73.1 million, up 6.86% from the prior year.
  • Net Income was $22.8 million for Q1 2026 at Progress Software, down from $25.7 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $29.1 million in Q2 2022 to a low of $1.1 million in Q4 2024.
  • Historically, Net Income has averaged $19.4 million across 5 years, with a median of $20.5 million in 2022.
  • The sharpest annual moves came in 2024 and 2025: Net Income tumbled 92.52% in 2024, then surged 2144.55% in 2025.
  • A 5-year view of Net Income shows it stood at $23.7 million in 2022, then plunged by 35.32% to $15.3 million in 2023, then sank by 92.52% to $1.1 million in 2024, then soared by 2144.55% to $25.7 million in 2025, then declined by 11.39% to $22.8 million in 2026.
  • The last three Net Income figures came in at $22.8 million (Q1 2026), $25.7 million (Q4 2025), and $19.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 31.78 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn 593,000.00
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 3.72 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn 876.40 Mn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn 432.00 Mn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 61.44 Mn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 534.60 Mn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 64.72 Mn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn -22.90 Mn
10 Progress Software 1.33 Bn 1.21 Bn 203.94 Mn 22.81 Mn

Historic Data

Download Data
DateValue
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
May 31, 2021 13.56 Mn