SuperworthProgress Software profit margin PRGS
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- n/m
- not a meaningful number
- Operating margin, 12 months
- 17.5%
- Net margin on a year earlier
- −0.1 pts
- Peer median
- 5.5%
Progress Software's net margin works out at 12% over the last twelve months, but it is not a meaningful number: net income for one or more of the four quarters through 2026-08-31 is missing, so twelve months can't be added up.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2023 | 10.1% | 15.9% | 81.8% |
| FY2022 | 15.8% | 21.9% | 84.3% |
| FY2021 | 14.8% | 21.9% | 85.2% |
| FY2020 | 18.0% | 24.4% | 86.0% |
| FY2019 | 6.4% | 9.7% | 81.8% |
| FY2018 | 13.1% | 17.9% | 82.3% |
| FY2017 | 9.4% | 17.8% | 82.6% |
| FY2016 | −13.7% | −7.3% | 83.8% |
| FY2015 | −2.3% | 3.9% | 83.1% |
| FY2014 | 14.9% | 24.3% | 89.7% |
| FY2013 | 22.4% | 19.1% | 89.5% |
| FY2012 | 14.9% | 21.3% | 88.6% |
| FY2011 | 16.5% | 28.1% | 87.5% |
| FY2010 | 9.2% | 12.8% | 81.2% |
| FY2009 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY24 | 11.5% | −0.1 pts | 17.5% | |
| Q2 FY24 | 10.3% | −2.2 pts | 16.0% | |
| Q1 FY24 | 9.7% | −6.1 pts | 15.4% | |
| Q4 FY23 | 10.1% | −5.7 pts | 15.9% | |
| Q3 FY23 | 11.6% | −3.1 pts | 17.6% | |
| Q2 FY23 | 12.5% | −3.9 pts | 18.6% | |
| Q1 FY23 | 15.8% | +1.4 pts | 22.3% | |
| Q4 FY22 | 15.8% | +1.0 pts | 21.9% | |
| Q3 FY22 | 14.7% | −1.1 pts | 20.9% | |
| Q2 FY22 | 16.4% | +0.8 pts | 23.4% | |
| Q1 FY22 | 14.4% | −2.7 pts | 21.3% | |
| Q4 FY21 | 14.8% | −3.3 pts | 21.9% |
Against its peers
Companies in Software - Infrastructure nearest Progress Software's size, closest first, today.
| Company | Profit margin |
|---|---|
| PRGSProgress Software | n/m |
| MQMarqeta | 1.5% |
| BLBlackline | 4.7% |
| PDFSPDF Solutions | 4.3% |
| EVCMEverCommerce | 5.7% |
| CXMSprinklr | 2.7% |
| XZOExzeo | 39.1% |
| NCNOnCino | 5.4% |
| BLKBBlackbaud | 13.1% |
| RDVTRed Violet | 16.5% |
| NTCTNetscout Systems | 13.7% |
| Peer median | 5.5% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Progress Software
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.