Progress Software (PRGS) Operating Expenses (2009 - 2026)
Progress Software (PRGS) posted Operating Expenses of $163.4 million for Q2 2026, up 3.76% on a QoQ basis from $157.5 million in Q1 2026, and up 7.88% year-over-year from $151.5 million in Q2 2025.
Analysis
Progress Software (PRGS) Operating Expenses (2009 - 2026) Analysis & Trends
Progress Software has reported Operating Expenses for 18 years, with the latest figure at $163.4 million in 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 was $163.4 million for Q2 2026 at Progress Software, 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.
- Average Operating Expenses over 5 years is $127.2 million, with a median of $118.8 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses decreased 4.6% in 2024, then surged 44.94% in 2025.
- Over 5 years, Operating Expenses stood at $103.2 million in 2022, then gained by 17.08% to $120.8 million in 2023, then advanced by 29.94% to $156.9 million in 2024, then grew by 6.91% to $167.8 million in 2025, then slipped by 2.61% to $163.4 million in 2026.
- The last three Operating Expenses figures came in at $163.4 million (Q2 2026), $157.5 million (Q1 2026), and $167.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unity Software | 18.53 Bn | 16.18 Bn | 434.76 Mn | 466.98 Mn |
| 2 | JFrog | 10.59 Bn | 9.77 Bn | 127.62 Mn | 140.87 Mn |
| 3 | Gitlab | 7.92 Bn | 6.66 Bn | 240.62 Mn | 297.55 Mn |
| 4 | Aurora Mobile | 4.05 Bn | 4.02 Bn | 10.20 Mn | -9.96 Mn |
| 5 | Progress Software | 1.77 Bn | 1.67 Bn | 208.59 Mn | 163.39 Mn |
Historic Data
Download Data
Historic 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 |