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Progress Software PRGS Gross Profit
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Where this comes from
Calculated from Progress Software’s reported figures.
The source filing: Progress Software’s 10-Q, filed June 30, 2026.
- Filed
- Jun 30, 2026, 4:10 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000876167-26-000078
| (in thousands, except per share data) | Three Months Ended / May 31, 2026 | Three Months Ended / May 31, 2025 | Six Months Ended / May 31, 2026 | Six Months Ended / May 31, 2025 |
|---|---|---|---|---|
| Cost of maintenance, SaaS, and professional services | 32,259 | 33,764 | 64,359 | 66,648 |
| Amortization of acquired intangibles | 8,938 | 10,537 | 17,689 | 20,959 |
| Total costs of revenue | 44,872 | 47,288 | 88,736 | 93,519 |
| Gross profit | 208,593 | 190,067 | 412,528 | 381,851 |
| Operating expenses: | ||||
| Sales and marketing | 54,341 | 49,677 | 106,338 | 100,973 |
| Product development | 48,840 | 46,570 | 99,314 | 92,945 |
| General and administrative | 32,236 | 25,637 | 58,740 | 51,260 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Progress Software's gross profit?
- Progress Software (PRGS) reported gross profit of $208.59M in Q1 2026.
- How has Progress Software's gross profit changed year-over-year?
- Progress Software's gross profit increased by 9.7% year-over-year, from $190.07M to $208.59M.
- What is the long-term trend for Progress Software's gross profit?
- Over 4 years (2021 to 2025), Progress Software's gross profit has grown at a 14.9% compound annual growth rate (CAGR), from $452.86M to $790.25M.
- What does gross profit mean?
- Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.
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