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| Date | Value |
|---|---|
| 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% |