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Progress Software (PRGS) gross margin by quarter

Progress Software's gross margin was 82.7% in Q3 FY26 (third quarter fiscal 2026), +0.4 pts from Q2 FY26. Over the last 7 quarters it ranged from 80.1% (Q2 FY25) to 83.0% (Q4 FY24).

Progress Software gross margin by quarterProgress Software gross margin by quarter83.0%Q4 FY2480.1%Q2 FY2581.0%Q3 FY2581.6%Q4 FY2582.3%Q1 FY2682.3%Q2 FY2682.7%Q3 FY26
QuarterGross marginQ/QY/Y
Q3 FY2682.7%+0.4 pts+1.8 pts
Q2 FY2682.3%-0.0 pts+2.2 pts
Q1 FY2682.3%+0.7 pts—
Q4 FY2581.6%+0.6 pts-1.4 pts
Q3 FY2581.0%+0.9 pts—
Q2 FY2580.1%-2.9 pts—
Q4 FY2483.0%——

Q3 FY26 at a glance

Progress Software, Q3 FY26: revenue $246M (-2% year over year), operating margin 18.9%, net earnings $22.8M, operating cash flow $88.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Progress Software's gross margin?

Progress Software's gross margin was 82.7% in Q3 FY26 (third quarter fiscal 2026), +0.4 pts from Q2 FY26.

How has Progress Software's gross margin changed?

Over the last 7 quarters it ranged from 80.1% (Q2 FY25) to 83.0% (Q4 FY24).

Q3 FY26 results → · How Progress Software makes money →