Progress Software (PRGS) Operating Income (2009 - 2026)
Progress Software's Operating Income came in at $46.55 million for fiscal Q3 2026 (quarter ended Aug 31, 2026), up 6.1% from $43.87 million a year earlier and up 3.0% from the prior quarter.
Progress Software (PRGS) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 31, 2026, Progress Software reported Operating Income of $176.59 million, up 29.5% year-over-year; for FY2025 (ended Nov 30, 2025), it was $153.29 million, up 23.6% from FY2024.
- Operating Income carries a five-year compound annual growth rate of 7.3% (FY2020 to FY2025).
- Going back by fiscal year, Operating Income was $124 million in FY2024 (+12.2%), $110.52 million in FY2023 (-16.4%), $132.13 million in FY2022 (+13.8%) and $116.1 million in FY2021 (+7.8%).
- The fiscal Q3 2026 figure represents the highest quarterly Operating Income in data going back to fiscal Q3 2009.
- Year-over-year, Operating Income has increased for six consecutive quarters, with growth averaging 23.0% over the last eight quarters.
- The fastest year-over-year change in Operating Income over five years came in fiscal Q2 2022 (growth of 80.6%), and the weakest in fiscal Q2 2023 (a decline of 42.8%).
- Business Quant data shows PRGS's Operating Income at $45.2 million (Q2 2026), $46.47 million (Q1 2026) and $38.37 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 328.64 Bn | 313.71 Bn | 2.30 Bn | 172.00 Mn |
| 2 | CrowdStrike Holdings | 276.50 Bn | 256.94 Bn | 1.10 Bn | -33.23 Mn |
| 3 | Fortinet | 132.74 Bn | 118.67 Bn | 1.64 Bn | 689.30 Mn |
| 4 | Snowflake | 120.19 Bn | 107.50 Bn | 1.04 Bn | -262.97 Mn |
| 5 | Datadog | 99.51 Bn | 81.15 Bn | 881.34 Mn | 5.46 Mn |
| 6 | Okta | 35.35 Bn | 25.44 Bn | 641.00 Mn | 107.00 Mn |
| 7 | Axon Enterprise | 33.58 Bn | 28.10 Bn | 546.45 Mn | 46.78 Mn |
| 8 | Zscaler | 32.06 Bn | 18.18 Bn | - | - |
| 9 | MongoDB | 28.84 Bn | 19.30 Bn | 569.77 Mn | 28.40 Mn |
| 10 | Progress Software | 1.51 Bn | 1.09 Bn | 203.54 Mn | 46.55 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 46.55 Mn |
| May 31, 2026 | 45.20 Mn |
| Feb 28, 2026 | 46.47 Mn |
| Nov 30, 2025 | 38.37 Mn |
| Aug 31, 2025 | 43.87 Mn |
| May 31, 2025 | 38.62 Mn |
| Feb 28, 2025 | 32.43 Mn |
| Nov 30, 2024 | 21.50 Mn |
| Aug 31, 2024 | 40.35 Mn |
| May 31, 2024 | 27.15 Mn |
| Feb 29, 2024 | 35.01 Mn |
| Nov 30, 2023 | 22.54 Mn |
| Aug 31, 2023 | 29.37 Mn |
| May 31, 2023 | 23.03 Mn |
| Feb 28, 2023 | 35.59 Mn |
| Nov 30, 2022 | 30.44 Mn |
| Aug 31, 2022 | 32.02 Mn |
| May 31, 2022 | 40.24 Mn |
| Feb 28, 2022 | 29.43 Mn |
| Nov 30, 2021 | 20.36 Mn |
Progress Software Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=PRGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "PRGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();