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

Progress Software (PRGS) has reported Operating Expenses for 18 consecutive years, with $157.5 million the latest figure, recorded in 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 came in at $157.5 million for Q1 2026 at Progress Software, down from $167.8 million in the prior quarter.
• The five-year high for Operating Expenses was $167.8 million in Q4 2025, with the low at $84.6 million in Q2 2022.
• Average Operating Expenses over 5 years is $125.1 million, with a median of $116.9 million recorded in 2024.
• Across the five-year window, Operating Expenses dropped 4.6% in 2024 and jumped 44.94% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $103.2 million in 2022, then climbed by 17.08% to $120.8 million in 2023, then grew by 29.94% to $156.9 million in 2024, then rose by 6.91% to $167.8 million in 2025, then decreased by 6.14% to $157.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $157.5 million, $167.8 million, and $158.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.