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

Progress Software's Research & Development history runs 18 years deep, the most recent figure standing at $54.3 million for 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 $214.9 million, a 23.2% increase from a year earlier, with the FY2025 full-year figure at $211.0 million, up 44.19% from the prior year.
• Research & Development grew to $54.3 million in Q2 2026 per PRGS's latest filing, from $50.5 million in the prior quarter.
• Across five years, Research & Development topped out at $58.2 million in Q4 2025 and bottomed at $19.9 million in Q4 2023.
• The 5-year median for Research & Development is $37.5 million (2024), against an average of $39.4 million.
• Across the five-year window, Research & Development tumbled 30.47% in 2023 and soared 107.16% in 2024, its largest moves.
• Year by year, Research & Development stood at $28.6 million in 2022, then sank by 30.47% to $19.9 million in 2023, then surged by 107.16% to $41.2 million in 2024, then surged by 41.24% to $58.2 million in 2025, then dropped by 6.61% to $54.3 million in 2026.
• Per Business Quant, the three latest PRGS Research & Development figures stand at $54.3 million (Q2 2026), $50.5 million (Q1 2026), and $58.2 million (Q4 2025).