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

Progress Software (PRGS) has reported Operating Leases for 7 consecutive years, with $25.3 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Leases rose 4.33% year-over-year to $25.3 million; the TTM figure through Feb 2026 stood at $25.3 million (up 4.33% YoY), while the FY2025 annual figure was $21.1 million, down 19.73% from the prior year.
• Operating Leases came in at $25.3 million for Q1 2026 at Progress Software, up from $21.1 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 $18.5 million, with a median of $17.7 million recorded in 2023.
• Across the five-year window, Operating Leases tumbled 46.73% in 2022 and surged 164.1% in 2025, its largest moves.
• Year by year, Operating Leases stood at $15.0 million in 2022, then declined by 13.57% to $13.0 million in 2023, then jumped by 101.99% to $26.3 million in 2024, then slipped by 19.73% to $21.1 million in 2025, then gained by 20.09% to $25.3 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $25.3 million, $21.1 million, and $22.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.