Progress Software PRGS
NASDAQ PRGS
$42.17 -1.88 (-4.26%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

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 26.81 Mn
Feb 28, 2022 29.31 Mn
Nov 30, 2021 23.13 Mn
Aug 31, 2021 31.28 Mn