Progress Software Corp (PRGS) stock
PRGSNasdaqServices-Prepackaged SoftwareFiscal year ends November 30
Financials through Q3 FY2026, quarter ended Aug 31, 2026Last filing: 10-Q on Sep 30, 2026Score 13/3025% below fair value
$43.78+0.34 (+0.78%)
Close on Nov 13, 2026Market cap $1.79BP/E 20.2Yield 0.00%
Progress Software operating margin
Operating margin is operating income as a percentage of revenue.
Progress Software's operating margin for the twelve months ending Aug 31, 2026 was 17.7%. For fiscal 2025 it was 15.7%, against 16.5% the year before. The highest annual figure on record is 32.6% in fiscal 2011.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | 15.7% | −0.8 |
| FY2024 | Nov 30, 2024 | 16.5% | +0.5 |
| FY2023 | Nov 30, 2023 | 15.9% | −6.0 |
| FY2022 | Nov 30, 2022 | 21.9% | +0.1 |
| FY2021 | Nov 30, 2021 | 21.9% | −2.5 |
| FY2020 | Nov 30, 2020 | 24.4% | +14.7 |
| FY2019 | Nov 30, 2019 | 9.7% | −8.2 |
| FY2018 | Nov 30, 2018 | 17.9% | +3.1 |
| FY2017 | Nov 30, 2017 | 14.8% | +22.1 |
| FY2016 | Nov 30, 2016 | -7.3% | −11.2 |
| FY2015 | Nov 30, 2015 | 3.9% | −20.4 |
| FY2014 | Nov 30, 2014 | 24.3% | +5.2 |
| FY2013 | Nov 30, 2013 | 19.1% | −2.3 |
| FY2012 | Nov 30, 2012 | 21.3% | −11.2 |
| FY2011 | Nov 30, 2011 | 32.6% | +6.6 |
| FY2010 | Nov 30, 2010 | 26.0% | +15.7 |
| FY2009 | Nov 30, 2009 | 10.3% | −2.1 |
| FY2008 | Nov 30, 2008 | 12.5% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026CQ3 2026 | Aug 31, 2026 | 18.9% | +1.4 |
| Q2 FY2026CQ2 2026 | May 31, 2026 | 17.8% | +1.6 |
| Q1 FY2026CQ1 2026 | Feb 28, 2026 | 18.8% | +5.1 |
| Q4 FY2025CQ4 2025 | Nov 30, 2025 | 15.2% | +5.2 |
| Q3 FY2025CQ3 2025 | Aug 31, 2025 | 17.6% | −5.0 |
| Q2 FY2025CQ2 2025 | May 31, 2025 | 16.3% | +0.8 |
| Q1 FY2025CQ1 2025 | Feb 28, 2025 | 13.6% | −5.3 |
| Q4 FY2024CQ4 2024 | Nov 30, 2024 | 10.0% | −2.7 |
| Q3 FY2024CQ3 2024 | Aug 31, 2024 | 22.6% | +5.8 |
| Q2 FY2024CQ2 2024 | May 31, 2024 | 15.5% | +2.6 |
| Q1 FY2024CQ1 2024 | Feb 29, 2024 | 19.0% | −2.7 |
| Q4 FY2023CQ4 2023 | Nov 30, 2023 | 12.7% | −6.6 |
| Q3 FY2023CQ3 2023 | Aug 31, 2023 | 16.8% | −4.4 |
| Q2 FY2023CQ2 2023 | May 31, 2023 | 12.9% | −14.1 |
| Q1 FY2023CQ1 2023 | Feb 28, 2023 | 21.7% | +1.4 |
| Q4 FY2022CQ4 2022 | Nov 30, 2022 | 19.4% | +4.8 |
| Q3 FY2022CQ3 2022 | Aug 31, 2022 | 21.2% | −10.1 |
| Q2 FY2022CQ2 2022 | May 31, 2022 | 27.0% | +8.9 |
| Q1 FY2022CQ1 2022 | Feb 28, 2022 | 20.3% | −2.3 |
| Q4 FY2021CQ4 2021 | Nov 30, 2021 | 14.5% | −0.6 |
| Q3 FY2021CQ3 2021 | Aug 31, 2021 | 31.2% | +1.0 |
| Q2 FY2021CQ2 2021 | May 31, 2021 | 18.2% | −7.0 |
| Q1 FY2021CQ1 2021 | Feb 28, 2021 | 22.6% | −5.4 |
| Q4 FY2020CQ4 2020 | Nov 30, 2020 | 15.1% | +20.3 |
| Q3 FY2020CQ3 2020 | Aug 31, 2020 | 30.3% | +15.3 |
| Q2 FY2020CQ2 2020 | May 31, 2020 | 25.2% | +10.5 |
| Q1 FY2020CQ1 2020 | Feb 29, 2020 | 28.0% | +10.8 |
| Q4 FY2019CQ4 2019 | Nov 30, 2019 | -5.1% | −16.4 |
| Q3 FY2019CQ3 2019 | Aug 31, 2019 | 15.0% | −5.7 |
| Q2 FY2019CQ2 2019 | May 31, 2019 | 14.7% | −5.2 |
| Q1 FY2019CQ1 2019 | Feb 28, 2019 | 17.2% | −2.8 |
| Q4 FY2018CQ4 2018 | Nov 30, 2018 | 11.2% | −13.6 |
| Q3 FY2018CQ3 2018 | Aug 31, 2018 | 20.6% | −0.2 |
| Q2 FY2018CQ2 2018 | May 31, 2018 | 20.0% | −1.8 |
| Q1 FY2018CQ1 2018 | Feb 28, 2018 | 20.1% | +18.7 |
| Q4 FY2017CQ4 2017 | Nov 30, 2017 | 24.8% | +77.8 |
| Q3 FY2017CQ3 2017 | Aug 31, 2017 | 20.9% | – |
| Q2 FY2017CQ2 2017 | May 31, 2017 | 21.8% | – |
| Q1 FY2017CQ1 2017 | Feb 28, 2017 | 1.3% | – |
| Q4 FY2016CQ4 2016 | Nov 30, 2016 | -53.0% | – |
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