Progress Software (PRGS) Operating Expenses (2009 - 2026)
Progress Software (PRGS) posted quarterly Operating Expenses of $163.4 million for Q2 2026, up 7.88% year-over-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.
- In Q2 2026, Operating Expenses rose 7.88% year-over-year to $163.4 million; the TTM figure through May 2026 stood at $647.0 million (up 12.13% YoY), while the FY2025 annual figure was $637.0 million, up 27.67% from the prior year.
- Operating Expenses for Q2 2026 stood at $163.4 million, up from $157.5 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.
- The 5-year median for Operating Expenses is $118.8 million (2023), against an average of $127.2 million.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses fell 4.6% in 2024, then soared 44.94% in 2025.
- Progress Software's Operating Expenses stood at $103.2 million in 2022, then increased by 17.08% to $120.8 million in 2023, then rose by 29.94% to $156.9 million in 2024, then advanced by 6.91% to $167.8 million in 2025, then retreated by 2.61% to $163.4 million in 2026.
- Business Quant data shows PRGS's Operating Expenses at $163.4 million in Q2 2026, $157.5 million in Q1 2026, and $167.8 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 726.59 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 13.05 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 2.72 Bn |
| 10 | Progress Software | 1.81 Bn | 1.70 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 |