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| Date | Value |
|---|---|
| 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% |