Progress Software (PRGS) Research & Development (2009 - 2026)

Progress Software has reported Research & Development for 18 years, with the latest figure at $54.3 million in Q2 2026.

• On a quarterly basis, Research & Development rose 9.39% year-over-year to $54.3 million in Q2 2026; TTM through May 2026 was $216.4 million, a 14.76% increase from a year earlier, with the FY2025 full-year figure at $211.0 million, up 28.22% from the prior year.
• Research & Development was $54.3 million for Q2 2026 at Progress Software, up from $52.0 million in the prior quarter.
• The five-year high for Research & Development was $58.2 million in Q4 2025, with the low at $32.7 million in Q2 2022.
• Average Research & Development over 5 years is $43.3 million, with a median of $40.1 million recorded in 2022.
• The sharpest annual moves came in 2024 and 2025: Research & Development retreated 5.62% in 2024, then jumped 39.6% in 2025.
• Over 5 years, Research & Development stood at $40.0 million in 2022, then grew by 8.93% to $43.6 million in 2023, then grew by 15.76% to $50.4 million in 2024, then gained by 15.39% to $58.2 million in 2025, then declined by 6.61% to $54.3 million in 2026.
• The last three Research & Development figures came in at $54.3 million (Q2 2026), $52.0 million (Q1 2026), and $58.2 million (Q4 2025), per Business Quant data.