Progress Software PRGS
NASDAQ PRGS
$43.22 +0.36 (+0.84%)
At close: Aug 18, 2026 · 4:00 PM UTC

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
DateValue
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