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

Progress Software's (PRGS) quarterly Operating Expenses came in at $163.4 million in Q2 2026, up 7.88% year-on-year from $151.5 million in Q2 2025, and up 3.76% quarter-over-quarter from $157.5 million in Q1 2026.

Progress Software (PRGS) Operating Expenses (2009 - 2026) Analysis & Trends

Progress Software's Operating Expenses history runs 18 years deep, the most recent figure standing at $163.4 million for Q2 2026.

  • On a quarterly basis, Operating Expenses rose 7.88% year-over-year to $163.4 million in Q2 2026; TTM through May 2026 was $647.0 million, a 12.13% increase from a year earlier, with the FY2025 full-year figure at $637.0 million, up 27.67% from the prior year.
  • Operating Expenses improved to $163.4 million in Q2 2026 per PRGS's latest filing, from $157.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $167.8 million in Q4 2025 and bottomed at $84.6 million in Q2 2022.
  • The 5-year median for Operating Expenses is $118.8 million (2023), against an average of $127.2 million.
  • Across the five-year window, Operating Expenses slipped 4.6% in 2024 and soared 44.94% in 2025, its largest moves.
  • Year by year, Operating Expenses 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 decreased by 2.61% to $163.4 million in 2026.
  • Per Business Quant, the three latest PRGS Operating Expenses figures stand at $163.4 million (Q2 2026), $157.5 million (Q1 2026), and $167.8 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 8.75 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -363.49 Mn
3 Oracle 344.13 Bn 312.24 Bn - 13.05 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 662.79 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 1.51 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 979.89 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 905.10 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 517.59 Mn
10 Progress Software 1.68 Bn 1.58 Bn 208.59 Mn 163.39 Mn

Historic Data

Download Data
DateValue
May 31, 2026 163.39 Mn
Feb 28, 2026 157.47 Mn
Nov 30, 2025 167.77 Mn
Aug 31, 2025 158.39 Mn
May 31, 2025 151.45 Mn
Feb 28, 2025 159.36 Mn
Nov 30, 2024 156.92 Mn
Aug 31, 2024 109.27 Mn
May 31, 2024 115.86 Mn
Feb 29, 2024 116.87 Mn
Nov 30, 2023 120.77 Mn
Aug 31, 2023 112.70 Mn
May 31, 2023 121.45 Mn
Feb 28, 2023 102.42 Mn
Nov 30, 2022 103.15 Mn
Aug 31, 2022 95.40 Mn
May 31, 2022 84.56 Mn
Feb 28, 2022 92.28 Mn
Nov 30, 2021 98.69 Mn
Aug 31, 2021 81.30 Mn