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| 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 | 18.97 Mn |
| Feb 28, 2022 | 21.23 Mn |
| Nov 30, 2021 | 23.13 Mn |
| Aug 31, 2021 | 31.28 Mn |