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

Progress Software (PRGS) has reported Research & Development for 18 consecutive years, with $50.5 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Research & Development rose 8.84% year-over-year to $50.5 million; the TTM figure through Feb 2026 stood at $196.4 million (up 24.49% YoY), while the FY2025 annual figure was $192.3 million, up 31.38% from the prior year.
• Research & Development came in at $50.5 million for Q1 2026 at Progress Software, up from $49.9 million in the prior quarter.
• The five-year high for Research & Development was $50.5 million in Q1 2026, with the low at $28.6 million in Q4 2022.
• Average Research & Development over 5 years is $37.4 million, with a median of $34.8 million recorded in 2023.
• Across the five-year window, Research & Development increased 1.77% in 2024 and jumped 42.37% in 2025, its largest moves.
• Year by year, Research & Development stood at $28.6 million in 2022, then increased by 18.89% to $34.0 million in 2023, then advanced by 21.16% to $41.2 million in 2024, then increased by 21.09% to $49.9 million in 2025, then gained by 1.17% to $50.5 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $50.5 million, $49.9 million, and $49.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.