Progress Software (PRGS) Operating Leases (2020 - 2026)
Progress Software (PRGS) posted quarterly Operating Leases of $26.5 million for Q2 2026, up 17.38% year-over-year from $22.5 million in Q2 2025, and up 4.57% quarter-over-quarter from $25.3 million in Q1 2026.
Progress Software (PRGS) Operating Leases (2020 - 2026) Analysis & Trends
Progress Software's Operating Leases history runs 7 years deep, the most recent figure standing at $26.5 million for Q2 2026.
- In Q2 2026, Operating Leases rose 17.38% year-over-year to $26.5 million; the TTM figure through May 2026 stood at $26.5 million (up 17.38% YoY), while the FY2025 annual figure was $21.1 million, down 19.73% from the prior year.
- Operating Leases for Q2 2026 stood at $26.5 million, up from $25.3 million in the prior quarter.
- The five-year high for Operating Leases was $26.5 million in Q2 2026, with the low at $8.6 million in Q3 2024.
- The 5-year median for Operating Leases is $20.0 million (2022), against an average of $18.9 million.
- The sharpest annual moves came in 2024 and 2025: Operating Leases sank 43.53% in 2024, then jumped 164.1% in 2025.
- Progress Software's Operating Leases stood at $15.0 million in 2022, then retreated by 13.57% to $13.0 million in 2023, then soared by 101.99% to $26.3 million in 2024, then declined by 19.73% to $21.1 million in 2025, then gained by 25.57% to $26.5 million in 2026.
- Business Quant data shows PRGS's Operating Leases at $26.5 million in Q2 2026, $25.3 million in Q1 2026, and $21.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Progress Software | 1.81 Bn | 1.70 Bn | 208.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 26.47 Mn |
| Feb 28, 2026 | 25.31 Mn |
| Nov 30, 2025 | 21.08 Mn |
| Aug 31, 2025 | 22.71 Mn |
| May 31, 2025 | 22.55 Mn |
| Feb 28, 2025 | 24.26 Mn |
| Nov 30, 2024 | 26.26 Mn |
| Aug 31, 2024 | 8.60 Mn |
| May 31, 2024 | 9.97 Mn |
| Feb 29, 2024 | 11.21 Mn |
| Nov 30, 2023 | 13.00 Mn |
| Aug 31, 2023 | 15.09 Mn |
| May 31, 2023 | 17.65 Mn |
| Feb 28, 2023 | 17.34 Mn |
| Nov 30, 2022 | 15.04 Mn |
| Aug 31, 2022 | 24.11 Mn |
| May 31, 2022 | 18.97 Mn |
| Feb 28, 2022 | 21.23 Mn |
| Nov 30, 2021 | 23.13 Mn |
| Aug 31, 2021 | 31.28 Mn |