PRGS Progress Software margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 94

Gross margin

82.2%

Operating margin

17.7%

EBITDA margin

19.1%

Net margin

9.2%

Current Progress Software reports a gross margin of 82.2%, an operating margin of 17.7%, an EBITDA margin of 19.1%, and a net margin of 9.2%. Net margin headed the improvement across the available margins, gaining by 4 percentage points.

PRGS margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Progress Software's margins averaged 81.72% gross, 16.15% operating, 18.23% EBITDA, and 8.64% net. All four current margins are above their three-year averages.

PRGS margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with net margin showing the largest gain at 4 percentage points.

Gross margin expansion

1.1pp

Operating margin expansion

3.2pp

EBITDA margin expansion

2.6pp

Net margin expansion

4pp

PRGS Gross margin

The average gross margin for Progress Software was 81.72% over the last 3 years. Progress Software currently reports a gross margin of 82.2%, 0.5 percentage points above its three-year average. The gross margin for Progress Software moved between 80.8% in Nov 2025 and 82.7% in Nov 2024.

PRGS Operating margin

Progress Software recorded an average operating margin of 16.15% across the last 3 years. Progress Software currently reports an operating margin of 17.7%, 1.6 percentage points above its three-year average. The highest operating margin for Progress Software was 17.7% in Aug 2026, while the lowest was 14.5% in Aug 2025.

PRGS EBITDA margin

Progress Software recorded an average EBITDA margin of 18.23% across the last 3 years. The current EBITDA margin of 19.1% is 0.9 percentage points above its three-year average. During this period, EBITDA margin reached a high of 20% in Aug 2024 and a low of 16.5% in Aug 2025.

PRGS Net margin

Over the last 3 years, Progress Software's net margin averaged 8.64%. The current net margin of 9.2% is 0.6 percentage points above its three-year average. During this period, net margin reached a high of 11.5% in Aug 2024 and a low of 5.2% in Aug 2025.

PRGS margin group comparison

Margins compared with peer-group, industry and sector averages

Progress Software's gross margin of 82.2% is above the Technology sector, the industry and its peers average. Compared to its Technology sector average of 52.4%, Progress Software's gross margin is 57% higher.

PRGS margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Progress Software's gross margin?

For the period ending Aug 31, 2026, PRGS recorded a gross margin of 82.2%.

What is Progress Software's operating margin?

The current operating margin for PRGS is 17.7% as of Aug 31, 2026.

What is Progress Software's EBITDA margin?

The current EBITDA margin for PRGS is 19.1% as of Aug 31, 2026.

What is Progress Software's net margin?

The current net margin for PRGS is 9.2% as of Aug 31, 2026.

What are the average margins of PRGS?

Progress Software's gross, operating, EBITDA, and net margins averaged 81.7% gross, 16.2% operating, 18.2% EBITDA, and 8.6% net over the last 3 years.

What are the highest historical margins of PRGS?

Over this 5-year history, PRGS peaked at 85.2% gross in Nov 2021, 23.4% operating in May 2022, 26.3% EBITDA in May 2022, and 16.4% net in May 2022.

What are the lowest historical margins of PRGS?

Looking back across 5 years, PRGS reached its lowest margins at 80.8% gross in Nov 2025, 14.5% operating in Aug 2025, 16.5% EBITDA in Aug 2025, and 5.2% net in Aug 2025.