Progress Software (PRGS) Revenue (2009 - 2026)
Progress Software (PRGS) posted quarterly Revenue of $247.8 million for Q1 2026, up 4.11% year-over-year from $238.0 million in Q1 2025, and down 1.93% on a QoQ basis from $252.7 million in Q4 2025.
Progress Software (PRGS) Revenue (2009 - 2026) Analysis & Trends
Progress Software (PRGS) has reported Revenue for 18 consecutive years, with $247.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Revenue rose 4.11% year-over-year to $247.8 million; the TTM figure through Feb 2026 stood at $987.6 million (up 22.42% YoY), while the FY2025 annual figure was $977.8 million, up 29.79% from the prior year.
- Revenue came in at $247.8 million for Q1 2026 at Progress Software, down from $252.7 million in the prior quarter.
- The five-year high for Revenue was $252.7 million in Q4 2025, with the low at $144.9 million in Q1 2022.
- Average Revenue over 5 years is $192.7 million, with a median of $178.3 million recorded in 2023.
- Across the five-year window, Revenue fell 1.78% in 2024 and surged 39.8% in 2025, its largest moves.
- Year by year, Revenue stood at $157.1 million in 2022, then increased by 12.63% to $177.0 million in 2023, then climbed by 21.47% to $215.0 million in 2024, then increased by 17.54% to $252.7 million in 2025, then dropped by 1.93% to $247.8 million in 2026.
- According to Business Quant data, Revenue over the past three periods registered $247.8 million, $252.7 million, and $249.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 82.89 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 19.18 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 1.63 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 2.59 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 1.31 Bn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 1.85 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 639.76 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 2.41 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 6.06 Bn |
| 10 | Progress Software | 1.65 Bn | 1.54 Bn | 203.94 Mn | 247.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 247.80 Mn |
| Nov 30, 2025 | 252.67 Mn |
| Aug 31, 2025 | 249.80 Mn |
| May 31, 2025 | 237.36 Mn |
| Feb 28, 2025 | 238.02 Mn |
| Nov 30, 2024 | 214.96 Mn |
| Aug 31, 2024 | 178.69 Mn |
| May 31, 2024 | 175.08 Mn |
| Feb 29, 2024 | 184.69 Mn |
| Nov 30, 2023 | 176.97 Mn |
| Aug 31, 2023 | 174.99 Mn |
| May 31, 2023 | 178.25 Mn |
| Feb 28, 2023 | 164.23 Mn |
| Nov 30, 2022 | 157.13 Mn |
| Aug 31, 2022 | 151.22 Mn |
| May 31, 2022 | 148.75 Mn |
| Feb 28, 2022 | 144.92 Mn |
| Nov 30, 2021 | 140.13 Mn |
| Aug 31, 2021 | 147.42 Mn |
| May 31, 2021 | 122.49 Mn |