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Progress Software (PRGS) Research & Development (2016 - 2026)

Progress Software's Research & Development history spans 18 years, with the latest figure at $50.5 million for Q1 2026.

  • Quarterly Research & Development rose 8.84% to $50.5 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $196.4 million through Feb 2026, up 24.49% year-over-year, with the annual reading at $192.3 million for FY2025, 31.38% up from the prior year.
  • Research & Development came in at $50.5 million for Q1 2026, up from $49.9 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $50.5 million in Q1 2026 to a low of $28.6 million in Q4 2022.
  • The 5-year median for Research & Development is $34.8 million (2023), against an average of $37.4 million.
  • Year-over-year, Research & Development grew 1.77% in 2024 and then soared 42.37% in 2025.
  • Progress Software's Research & Development stood at $28.6 million in 2022, then grew by 18.89% to $34.0 million in 2023, then grew by 21.16% to $41.2 million in 2024, then grew by 21.09% to $49.9 million in 2025, then rose by 1.17% to $50.5 million in 2026.
  • Per Business Quant, the three most recent readings for PRGS's Research & Development are $50.5 million (Q1 2026), $49.9 million (Q4 2025), and $49.4 million (Q3 2025).