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

Progress Software (PRGS) posted quarterly Operating Margin of 18.75% for Q1 2026, up 513.0% year-over-year from 3.06% in Q1 2025, and up 23.46% on a QoQ basis from 15.19% in Q4 2025.

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

Progress Software (PRGS) has reported Operating Margin for 18 consecutive years, with 18.75% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Margin rose 513.0% year-over-year to 18.75%; the TTM figure through Feb 2026 stood at 16.94% (up 189.0% YoY), while the FY2025 annual figure was 15.68%, down 78.0% from the prior year.
  • Operating Margin came in at 18.75% for Q1 2026 at Progress Software, up from 15.19% in the prior quarter.
  • The five-year high for Operating Margin was 27.05% in Q2 2022, with the low at 10.0% in Q4 2024.
  • Average Operating Margin over 5 years is 17.67%, with a median of 17.56% recorded in 2025.
  • Across the five-year window, Operating Margin jumped 886 bps in 2022 and plunged 1413 bps in 2023, its largest moves.
  • Year by year, Operating Margin stood at 19.37% in 2022, then slumped by 34 bps to 12.73% in 2023, then declined by 21 bps to 10.0% in 2024, then surged by 52 bps to 15.19% in 2025, then climbed by 23 bps to 18.75% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 18.75%, 15.19%, and 17.56% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 46.33%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 31.97%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 46.18%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 15.30%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 1.06%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 31.36%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -9.69%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 8.43%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -2.84%
10 Progress Software 1.65 Bn 1.54 Bn 203.94 Mn 18.75%

Historic Data

Download Data
DateValue
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%
May 31, 2021 18.19%