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