Progress Software (PRGS) Net Margin (2009 - 2026)
Progress Software (PRGS) posted Net Margin of 8.31% for Q2 2026, down 9.69% on a QoQ basis from 9.21% in Q1 2026, and up 114.0% year-over-year from 3.89% in Q2 2025.
Analysis
Progress Software (PRGS) Net Margin (2009 - 2026) Analysis & Trends
Progress Software has reported Net Margin for 18 years, with the latest figure at 8.31% in Q2 2026.
- On a quarterly basis, Net Margin rose 114.0% year-over-year to 8.31% in Q2 2026; TTM through May 2026 was 8.87%, a 224.0% increase from a year earlier, with the FY2025 full-year figure at 7.48%, down 160.0% from the prior year.
- Net Margin was 8.31% for Q2 2026 at Progress Software, down from 9.21% 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 10.51%, with a median of 9.72% recorded in 2025.
- The sharpest annual moves came in 2023 and 2025: Net Margin slumped 1279 bps in 2023, then surged 966 bps in 2025.
- Over 5 years, Net Margin stood at 15.09% in 2022, then sank by 43 bps to 8.67% in 2023, then slumped by 94 bps to 0.53% in 2024, then soared by 1810 bps to 10.19% in 2025, then slipped by 18 bps to 8.31% in 2026.
- The last three Net Margin figures came in at 8.31% (Q2 2026), 9.21% (Q1 2026), and 10.19% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unity Software | 18.69 Bn | 16.34 Bn | 434.76 Mn | -4.15% |
| 2 | JFrog | 10.57 Bn | 9.74 Bn | 127.62 Mn | -2.54% |
| 3 | Gitlab | 7.94 Bn | 6.68 Bn | 240.62 Mn | -12.62% |
| 4 | Aurora Mobile | 4.05 Bn | 4.02 Bn | 10.20 Mn | 2.24% |
| 5 | Progress Software | 1.77 Bn | 1.66 Bn | 208.59 Mn | 8.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 8.31% |
| 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% |