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

Progress Software (PRGS) posted quarterly Net Margin of 9.21% for Q1 2026, up 461.0% year-over-year from 1.64% in Q1 2025, and down 9.65% on a QoQ basis from 10.19% in Q4 2025.

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

Progress Software (PRGS) has reported Net Margin for 17 consecutive years, with 9.21% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Net Margin rose 461.0% year-over-year to 9.21%; the TTM figure through Feb 2026 stood at 8.61% (up 157.0% YoY), while the FY2025 annual figure was 7.48%, down 160.0% from the prior year.
  • Net Margin came in at 9.21% for Q1 2026 at Progress Software, down from 10.19% in the prior quarter.
  • The five-year high for Net Margin was 19.57% in Q2 2022, with the low at 0.53% in Q4 2024.
  • Average Net Margin over 5 years is 10.64%, with a median of 10.19% recorded in 2025.
  • Across the five-year window, Net Margin plunged 1279 bps in 2023 and jumped 966 bps in 2025, its largest moves.
  • Year by year, Net Margin stood at 15.09% in 2022, then tumbled by 43 bps to 8.67% in 2023, then plunged by 94 bps to 0.53% in 2024, then surged by 1810 bps to 10.19% in 2025, then retreated by 10 bps to 9.21% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 9.21%, 10.19%, and 7.77% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 38.34%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 22.44%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 53.68%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 16.65%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 4.71%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 28.90%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -3.58%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 2.69%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -5.10%
10 Progress Software 1.65 Bn 1.54 Bn 203.94 Mn 9.21%

Historic Data

Download Data
DateValue
Feb 28, 2026 9.21%
Nov 30, 2025 10.19%
Aug 31, 2025 7.77%
May 31, 2025 7.17%
Feb 28, 2025 4.60%
Nov 30, 2024 0.53%
Aug 31, 2024 15.93%
May 31, 2024 9.25%
Feb 29, 2024 12.26%
Nov 30, 2023 8.67%
Aug 31, 2023 10.91%
May 31, 2023 6.78%
Feb 28, 2023 14.42%
Nov 30, 2022 15.09%
Aug 31, 2022 14.41%
May 31, 2022 19.57%
Feb 28, 2022 14.11%
Nov 30, 2021 10.65%
Aug 31, 2021 21.01%
May 31, 2021 11.07%