Progress Software (PRGS) Operating Leases (2020 - 2026)

Progress Software's Operating Leases history runs 7 years deep, the most recent figure standing at $25.3 million for Q1 2026.

• In Q1 2026, Operating Leases rose 4.33% year-over-year to $25.3 million; the TTM figure through Feb 2026 stood at $25.3 million (up 4.33% YoY), while the FY2025 annual figure was $21.1 million, down 19.73% from the prior year.
• Operating Leases was $25.3 million for Q1 2026 at Progress Software, up from $21.1 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $29.3 million in Q1 2022 to a low of $8.6 million in Q3 2024.
• Historically, Operating Leases has averaged $18.5 million across 5 years, with a median of $17.7 million in 2023.
• The sharpest annual moves came in 2022 and 2025: Operating Leases slumped 46.73% in 2022, then surged 164.1% in 2025.
• A 5-year view of Operating Leases shows it stood at $15.0 million in 2022, then decreased by 13.57% to $13.0 million in 2023, then jumped by 101.99% to $26.3 million in 2024, then fell by 19.73% to $21.1 million in 2025, then grew by 20.09% to $25.3 million in 2026.
• The last three Operating Leases figures came in at $25.3 million (Q1 2026), $21.1 million (Q4 2025), and $22.7 million (Q3 2025), per Business Quant data.