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Progress Software (PRGS) Operating Expenses: 2009-2024

Historic Operating Expenses for Progress Software (PRGS) over the last 16 years, with Nov 2024 value amounting to $498.9 million.

  • Progress Software's Operating Expenses rose 44.94% to $158.4 million in Q3 2025 from the same period last year, while for Aug 2025 it was $626.1 million, marking a year-over-year increase of 35.30%. This contributed to the annual value of $498.9 million for FY2024, which is 9.09% up from last year.
  • Per Progress Software's latest filing, its Operating Expenses stood at $498.9 million for FY2024, which was up 9.09% from $457.3 million recorded in FY2023.
  • In the past 5 years, Progress Software's Operating Expenses ranged from a high of $498.9 million in FY2024 and a low of $272.3 million during FY2020.
  • Its 3-year average for Operating Expenses is $443.9 million, with a median of $457.3 million in 2023.
  • Per our database at Business Quant, Progress Software's Operating Expenses fell by 8.61% in 2020 and then rose by 23.67% in 2021.
  • Progress Software's Operating Expenses (Yearly) stood at $272.3 million in 2020, then grew by 23.67% to $336.8 million in 2021, then grew by 11.47% to $375.4 million in 2022, then grew by 21.83% to $457.3 million in 2023, then climbed by 9.09% to $498.9 million in 2024.