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

Progress Software's (PRGS) quarterly Operating Leases came in at $26.5 million in Q2 2026, up 17.38% year-on-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.

  • 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 improved to $26.5 million in Q2 2026 per PRGS's latest filing, from $25.3 million in the prior quarter.
  • Across five years, Operating Leases topped out at $26.5 million in Q2 2026 and bottomed 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.
  • Across the five-year window, Operating Leases slumped 43.53% in 2024 and jumped 164.1% in 2025, its largest moves.
  • Year by year, Operating Leases 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 advanced by 25.57% to $26.5 million in 2026.
  • Per Business Quant, the three latest PRGS Operating Leases figures stand at $26.5 million (Q2 2026), $25.3 million (Q1 2026), and $21.1 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn
3 Oracle 344.13 Bn 312.24 Bn -
4 Repay Holdings 342.29 Bn 342.15 Bn -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn
10 Progress Software 1.68 Bn 1.58 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