Progress Software (PRGS) Operating Leases (2020 - 2026)
Progress Software (PRGS) posted Operating Leases of $26.5 million for Q2 2026, up 4.57% on a QoQ basis from $25.3 million in Q1 2026, and up 17.38% year-over-year from $22.5 million in Q2 2025.
Analysis
Progress Software (PRGS) Operating Leases (2020 - 2026) Analysis & Trends
Progress Software has reported Operating Leases for 7 years, with the latest figure at $26.5 million in Q2 2026.
- On a quarterly basis, Operating Leases rose 17.38% year-over-year to $26.5 million in Q2 2026; TTM through May 2026 was $26.5 million, a 17.38% increase from a year earlier, with the FY2025 full-year figure at $21.1 million, down 19.73% from the prior year.
- Operating Leases was $26.5 million for Q2 2026 at Progress Software, up from $25.3 million in the prior quarter.
- The five-year high for Operating Leases was $29.3 million in Q1 2022, with the low at $8.6 million in Q3 2024.
- Average Operating Leases over 5 years is $19.8 million, with a median of $21.8 million recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Operating Leases sank 43.53% in 2024, then soared 164.1% in 2025.
- Over 5 years, Operating Leases stood at $15.0 million in 2022, then slipped by 13.57% to $13.0 million in 2023, then surged by 101.99% to $26.3 million in 2024, then retreated by 19.73% to $21.1 million in 2025, then climbed by 25.57% to $26.5 million in 2026.
- The last three Operating Leases figures came in at $26.5 million (Q2 2026), $25.3 million (Q1 2026), and $21.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unity Software | 18.69 Bn | 16.34 Bn | 434.76 Mn |
| 2 | JFrog | 10.57 Bn | 9.74 Bn | 127.62 Mn |
| 3 | Gitlab | 7.94 Bn | 6.68 Bn | 240.62 Mn |
| 4 | Aurora Mobile | 4.05 Bn | 4.02 Bn | 10.20 Mn |
| 5 | Progress Software | 1.77 Bn | 1.66 Bn | 208.59 Mn |
Historic Data
Download Data
Historic 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 | 26.81 Mn |
| Feb 28, 2022 | 29.31 Mn |
| Nov 30, 2021 | 23.13 Mn |
| Aug 31, 2021 | 31.28 Mn |