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Progress Software (PRGS) Research & Development: 2009-2024

Historic Research & Development for Progress Software (PRGS) over the last 16 years, with Nov 2024 value amounting to $146.3 million.

  • Progress Software's Research & Development rose 42.37% to $49.4 million in Q3 2025 from the same period last year, while for Aug 2025 it was $183.6 million, marking a year-over-year increase of 31.93%. This contributed to the annual value of $146.3 million for FY2024, which is 10.53% up from last year.
  • As of FY2024, Progress Software's Research & Development stood at $146.3 million, which was up 10.53% from $132.4 million recorded in FY2023.
  • Progress Software's 5-year Research & Development high stood at $146.3 million for FY2024, and its period low was $88.6 million during FY2020.
  • Over the past 3 years, Progress Software's median Research & Development value was $132.4 million (recorded in 2023), while the average stood at $131.1 million.
  • Data for Progress Software's Research & Development shows a peak YoY increased of 16.64% (in 2021) over the last 5 years.
  • Progress Software's Research & Development (Yearly) stood at $88.6 million in 2020, then rose by 16.64% to $103.3 million in 2021, then increased by 10.87% to $114.6 million in 2022, then climbed by 15.57% to $132.4 million in 2023, then climbed by 10.53% to $146.3 million in 2024.