Progress Software (PRGS) Operating Margin (2009 - 2026)

Progress Software's (PRGS) quarterly Operating Margin came in at 17.83% in Q2 2026, up 156.0% year-on-year from 6.97% in Q2 2025, and down 4.89% quarter-over-quarter from 18.75% in Q1 2026.

Progress Software (PRGS) Operating Margin (2009 - 2026) Analysis & Trends

Progress Software's Operating Margin history runs 18 years deep, the most recent figure standing at 17.83% for Q2 2026.

  • On a quarterly basis, Operating Margin rose 156.0% year-over-year to 17.83% in Q2 2026; TTM through May 2026 was 17.33%, a 203.0% increase from a year earlier, with the FY2025 full-year figure at 15.68%, down 78.0% from the prior year.
  • Operating Margin fell to 17.83% in Q2 2026 per PRGS's latest filing, from 18.75% in the prior quarter.
  • Across five years, Operating Margin topped out at 27.05% in Q2 2022 and bottomed at 10.0% in Q4 2024.
  • The 5-year median for Operating Margin is 17.7% (2025), against an average of 17.68%.
  • Across the five-year window, Operating Margin soared 886 bps in 2022 and tumbled 1413 bps in 2023, its largest moves.
  • Year by year, Operating Margin stood at 19.37% in 2022, then tumbled by 34 bps to 12.73% in 2023, then decreased by 21 bps to 10.0% in 2024, then surged by 52 bps to 15.19% in 2025, then increased by 17 bps to 17.83% in 2026.
  • Per Business Quant, the three latest PRGS Operating Margin figures stand at 17.83% (Q2 2026), 18.75% (Q1 2026), and 15.19% (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Microsoft 2,895.32 Bn 2,770.88 Bn 56.06 Bn 46.33%
2 PagSeguro Digital 2,672.75 Bn 2,672.75 Bn 358.92 Mn 75.95%
3 Repay Holdings 344.36 Bn 344.21 Bn - -
4 Oracle 339.20 Bn 307.30 Bn - 31.97%
5 Palantir Technologies 296.91 Bn 288.89 Bn 1.42 Bn 46.18%
6 Palo Alto Networks 225.55 Bn 221.01 Bn 1.91 Bn 15.30%
7 CrowdStrike Holdings 185.68 Bn 182.58 Bn 993.68 Mn 1.06%
8 Fortinet 109.83 Bn 106.54 Bn 1.49 Bn 31.36%
9 Cloudflare 95.19 Bn 94.25 Bn 455.60 Mn -9.69%
10 Progress Software 1.71 Bn 1.61 Bn 208.59 Mn 17.83%

Historic Data

Download Data
DateValue
May 31, 2026 17.83%
Feb 28, 2026 18.75%
Nov 30, 2025 15.19%
Aug 31, 2025 17.56%
May 31, 2025 16.27%
Feb 28, 2025 13.62%
Nov 30, 2024 10.00%
Aug 31, 2024 22.58%
May 31, 2024 15.51%
Feb 29, 2024 18.95%
Nov 30, 2023 12.73%
Aug 31, 2023 16.78%
May 31, 2023 12.92%
Feb 28, 2023 21.67%
Nov 30, 2022 19.37%
Aug 31, 2022 21.18%
May 31, 2022 27.05%
Feb 28, 2022 20.31%
Nov 30, 2021 14.53%
Aug 31, 2021 31.24%