Progress Software PRGS
NASDAQ PRGS
$42.24 -1.81 (-4.10%)
As of: Sep 8, 2026 · 3:20 PM EDT

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

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