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Progress Software (PRGS) operating margin by quarter

Progress Software's operating margin was 18.9% in Q3 FY26 (third quarter fiscal 2026), +1.1 pts from Q2 FY26. Over the last 7 quarters it ranged from 10.0% (Q4 FY24) to 18.9% (Q3 FY26).

Progress Software operating margin by quarterProgress Software operating margin by quarter10.0%Q4 FY2416.3%Q2 FY2517.6%Q3 FY2515.2%Q4 FY2518.8%Q1 FY2617.8%Q2 FY2618.9%Q3 FY26
QuarterOperating marginQ/QY/Y
Q3 FY2618.9%+1.1 pts+1.4 pts
Q2 FY2617.8%-0.9 pts+1.6 pts
Q1 FY2618.8%+3.6 pts—
Q4 FY2515.2%-2.4 pts+5.2 pts
Q3 FY2517.6%+1.3 pts—
Q2 FY2516.3%+6.3 pts—
Q4 FY2410.0%——

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 operating margin?

Progress Software's operating margin was 18.9% in Q3 FY26 (third quarter fiscal 2026), +1.1 pts from Q2 FY26.

How has Progress Software's operating margin changed?

Over the last 7 quarters it ranged from 10.0% (Q4 FY24) to 18.9% (Q3 FY26).

Q3 FY26 results → · How Progress Software makes money →