Progress Software (PRGS) Operating Expenses (2009 - 2026)

Progress Software's Operating Expenses history runs 18 years deep, the most recent figure standing at $157.5 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 1.18% year-over-year to $157.5 million; the TTM figure through Feb 2026 stood at $635.1 million (up 17.3% YoY), while the FY2025 annual figure was $637.0 million, up 27.67% from the prior year.
• Operating Expenses was $157.5 million for Q1 2026 at Progress Software, down from $167.8 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $167.8 million in Q4 2025 to a low of $84.6 million in Q2 2022.
• Historically, Operating Expenses has averaged $125.1 million across 5 years, with a median of $116.9 million in 2024.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses retreated 4.6% in 2024, then jumped 44.94% in 2025.
• A 5-year view of Operating Expenses shows it stood at $103.2 million in 2022, then rose by 17.08% to $120.8 million in 2023, then gained by 29.94% to $156.9 million in 2024, then climbed by 6.91% to $167.8 million in 2025, then declined by 6.14% to $157.5 million in 2026.
• The last three Operating Expenses figures came in at $157.5 million (Q1 2026), $167.8 million (Q4 2025), and $158.4 million (Q3 2025), per Business Quant data.