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

Progress Software's Research & Development history runs 18 years deep, the most recent figure standing at $50.5 million for 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 was $50.5 million for Q1 2026 at Progress Software, 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.
• Historically, Research & Development has averaged $37.4 million across 5 years, with a median of $34.8 million in 2023.
• The sharpest annual moves came in 2024 and 2025: Research & Development advanced 1.77% in 2024, then jumped 42.37% in 2025.
• A 5-year view of Research & Development shows it stood at $28.6 million in 2022, then advanced by 18.89% to $34.0 million in 2023, then increased by 21.16% to $41.2 million in 2024, then advanced by 21.09% to $49.9 million in 2025, then grew by 1.17% to $50.5 million in 2026.
• The last three Research & Development figures came in at $50.5 million (Q1 2026), $49.9 million (Q4 2025), and $49.4 million (Q3 2025), per Business Quant data.